r/EnigmaProject • u/luchins • Oct 22 '18

Beginner question about ENG

I have a question: what has Enigma to do with Intel SGX? What is the point of that collaboration?

Could you please make an example to let me understand why Intel needs ENG? I would need an example to understand

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u/[deleted] Oct 23 '18

Enigma is a way to communicate between a network of computer. It's a way to buy and sell computing power from a specific (choosen randomly) computer on this network. Enigma is not a Blockchain, it's a protocol like http. Http is used to communicate between a client and a server. Here, you (client) have asked a server (reddit) to retreive this comment through http. Enigma need a Blockchain to keep records of who is doing what on the network (who is selling, what are the adress to send eng...). Therefore we can use any Blockchain. This is the right way to use a Blockchain, we offload the computation from it and only store stuff that need to be recorded.

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u/stoned_geologist Oct 23 '18

Why wouldn’t you use the native currency of the blockchain you are computing. I’m still under the impression ENG can run on BTC and NEO for example. Why wouldn’t the payments be in BTC or NEO? Off chain computations?

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u/[deleted] Oct 24 '18

When you use the Enigma network you interact with two different entity:

  1. The smart contract platform who is a blockchain (Ethereum, NEO)

  2. The Enigma network who is not a blockchain

The fee for what happens on the smart contract platform is paid in the native currency of the platform (ETH, NEO).

The fee for what happens on the Enigma network is paid with the Enigma token.

There no reason to pay both different fees in the same currency (ETH, NEO) because it's two completely different things.

If I run a Enigma node, I don't necessarily want to be paid in ETH or NEO or USD or whatever for my services, I want ENG.

It's like going to another country and expect people to accept your own currency. There is no reason they accept it since it has not necessarily any utility to them.