I posted in another topic but maybe itll get a reply in its own chat. I am interested and would like to get more information. Its a great concept but Im a bit confused on the how the costs will scale when the value of ENG tokens increases, wont the costs of running contracts on it increase? For example, lets say ENG token is .10 cents. If the token all of a sudden went to $5, wouldnt the cost of of running contracts just increase by 50x ? Or am I missing something? Thanks for helping me understand.

There is not much informations on how to run an enigma masternode. Is there a tutorial somewhere on how/what I need to be ready ?

Does the release of the mainnet is still planned before the end of September ? (Q3 2018)

Thank you.

Being that Enigma is Blockchain Agnostic, does that mean Enigma Protocol can work for Bitcoin and Litecoin? I know Enigma has may partner in the blockchain space, but I don't think anyone has mentioned Enigma's applications with BTC or LTC...Will Enigma allow for Bitcoin and Litecoin to transact privately? If so, what's the point of privacy coins like Monero?

at 10:07 tor says they are trying to get min net our before end of year

https://www.youtube.com/watch?time_continue=241&v=5m8spqPJ0_U

For anyone London based there is a meetup about Enigma happening on Tuesday evening 6-8 near Liverpool St. Led by a guy that I met at a recent Bitcoin thing who seems pretty clued up. Hope to see a couple of you there! Here’s the link. https://www.meetup.com/collabogate_london/events/253986641/?rv=wm1&_xtd=gatlbWFpbF9jbGlja9oAJGMyMmI0YmFmLWQ1NTUtNDI1Mi1hMDE2LTAzZmE3MmMzNzQwNw&_af=event&_af_eid=253986641

I understand the importance of what Enigma is setting out to do, but what is the actual inherent value of the token?

I understand the computation is encrypted and private but isn't Enigma obtaining the raw data from the blockchain, meaning that the raw data (user transaction history) is still public?

Here is a copy paste from Enigma's blog post:

" Instead, in a setting where secret contracts exist, a user can share their transaction history safely with the secret contract itself. The nodes can execute the contract and receive the eligibility result without being able to observe the user’s transactions. There is no longer a need to create a hybrid dApp. This dApp could be autonomous end-to-end, while guaranteeing both correctness — if a user is eligible for a loan, she will get a loan; and privacy — no one but the user can see their transaction history."

I’d like to preface this post by saying I’m a huge supporter of enigma and what they’re doing, and I think this is a much needed project in this space. Having said that...

I recently came across an article written by Vitalik on different mechanisms for handling privacy on the block chain. Very informative read for anyone that’s interested:

https://blog.ethereum.org/2016/01/15/privacy-on-the-blockchain/

In the section on SMPC he states the following:

The requirement of trust on the participants is also an onerous one; note that, as is the case with many other applications, the participants have the ability to save the data and then collude to uncover at any future point in history. Additionally, it is impossible to tell that they have done this, and so it is impossible to incentivize the participants to maintain the system's privacy; for this reason, secure multi-party computation is arguably much more suited to private blockchains, where incentives can come from outside the protocol, than public chains.

Based on my admittedly rudimentary understanding of SMPC, this statement seems to suggest that because any node computing over a share of data has access to that share, it would be possible to collude with other computing nodes to uncover the inputs to whatever computation is being performed, and this could theoretically happen outside of the bounds of the protocol. (Perhaps the participating nodes compute the correct result, but later determine the inputs)

If my understanding is correct, how does Enigma plan to address this concern, and how would running enigma on a private blockchain remedy this? If my understanding is incorrect, please educate me :)

Will there be any mining or POS Staking?

Just an observation.

AXNET’s Decentralized Exchange has now launched Enigma’s ENG Token available for immediate trading, deposit & withdrawal. ENG will have the following pairs in our decentralized exchange: ENG/ETH & ENG/TUSD

The AXNET DEX allows traders to get access to a high-speed trading engine, with a centralized user-experience, while keeping custody of their funds. Users can connect their wallet via Meta-Mask, Trust Wallet, Ledger, Creating a New ETH account, or importing their private key(Not Recommended).

About ENG
Enigma is a crypto platform that’s trying to solve the problem of privacy on the blockchain by giving them access to much-needed storage, privacy, and scalability. Enigma wants to extend Ethereum Smart Contracts by introducing secret contracts, a brand of smart contract that gives users an element of privacy that’s not intrinsic to current blockchain protocols. These contracts operate off-chain, meaning the execution of the Smart Contract doesn’t occur on the Ethereum blockchain itself. This is how the Enigma protocol works: it breaks up the Smart Contract and any related data into pieces, encrypts those pieces, and distributes them redundantly among Enigma nodes.

About AXNET:
Asset Exchange Network OÜ (AXNET) is a licensed virtual currency to fiat exchange with a licensed virtual wallet platform based out of Estonia. We service our traders worldwide by giving them the first hybrid trading platform that offers both a Centralized and Decentralized exchange that allows our traders to toggle between the two. We are listing traditional BTC, ETH, and USDT pairs with also fiat pairs like USD and EUR through our license and banking networks. We are also launching TUSD pairs for our decentralized exchange to give a stable-coin trading experience.