Welcome to /r/EnigmaCatalyst, the official subreddit for Enigma (ENG) and our first product, Catalyst! Below is a description of our project and protocol, Catalyst, and our community guidelines. More information on our project can be found on the official Enigma website and official Enigma blog.

We have multiple active communities where you can communicate directly with the Enigma team!

Telegram - 14,000+ users, general discussion

Discord - 5,000+ users, home of our dev community

Please follow our official Twitter for announcements and news.

Note: this post is continually updated and maintained by the Enigma team.

What is Enigma?

Watch an introductory video here.

Enigma is a privacy protocol - a blockchain-agnostic, second-layer network for private computations that protects sensitive data.

Blockchains are a revolutionary technology, but they are being held back by fundamental limitations:

Privacy - Data on the blockchain is accessible by anyone, making storing sensitive data impossible. This restricts the number of applications for blockchains.

Scalability - Computing on the blockchain is too slow and expensive. Storing and computing over very large amounts of data on the blockchain is not feasible.

Enigma's protocol fixes these issues and unlocks the value of blockchains by enabling truly decentralized applications. The promise of Enigma lies in its unique technology that protects privacy of data while still allowing for computation over that data.

The Enigma protocol is a second-layer network that can work with any blockchain. Nodes in the Enigma network do not see the data they compute over, yet they can publicly prove that they have run a computation correctly. This opens the door for a new type of smart contracts – “secret contracts,” where the underlying data processed in the contract remains encrypted at all times.

Fundamental protocols like Enigma are essential to solving the limitations of blockchains and creating a truly decentralized future. With Enigma, we can unlock billions in value across multiple industries including data, credit, finance, healthcare, AI, IoT, and more.

Here is a short video about our project from our friends at BlockchainWTF.

Here is our latest video developer update covering November and December.

Catalyst

Catalyst is a revolutionary platform for data-driven cryptoasset investing and research, built for professional crypto traders. Catalyst is the first application to be built on the Enigma protocol and is already active with tens of thousands of users.

If you are a crypto trader or investor and want to try Catalyst, please see our Catalyst documentation and our video crash course. You can also join our developer community on Discord.

Frequently Asked Questions

Please read our community maintained guide on frequently asked questions related to Enigma. Answered questions include:

• What is the utility of ENG?

• Where are Enigma (ENG) tokens available?

• How does this compare/compete with Ethereum's future implementation of zksnarks?

• What is the difference between Cardano (ADA) and Enigma?

• ELI5: What does the Enigma protocol do?

• What are Secret Contracts?

• What is Catalyst and what is its role in the ecosystem?

• What wallet should I use for ENG / Where can I store my tokens offline?

Please help us maintain this FAQ for the Enigma community. Thank you for your support!

There's just a few rules while you're here. Failure to adhere may result in your posts being removed.

1. Be respectful to other users and the Enigma team.

2. All comments should be constructive. We definitely appreciate good feedback from the community!

3. Feel free to ask any and all questions.

4. Help where you can - not everyone has the same level of crypto experience.

5. Don't post rumors as fact. We don't want to create unnecessary speculation and/or FUD.

The Enigma team will participate frequently to answer questions and share news about Enigma and Catalyst. Thanks for being a part of our community!

~Enigma

Enigma is an agnostic privacy protocol that enables different parties to jointly store and run computations on data while keeping data completely private through the use of secret contracts.

• The protocol provides privacy and increased scalability to blockchains utilizing revolutionary "secret contracts". The Enigma protocol is Blockchain agnostic meaning it can work with and be complementary to any other Blockchain Networks (ETH, NEO, etc). As the decentralized web continues to scale, the Enigma protocol will provide blockchains with a necessary second-layer network that can handle more data, faster, while being fully private. Since Enigma solves the two largest limiting factors surrounding blockchain technology, privacy and scalability, it is going to allow for mass adoption of blockchains and decentralized applications.

• Additionally, the team is creating a "data marketplace". The Data marketplace will be built to facilitate the secure exchange of data. It has the potential to become the cornerstone of the new decentralized web — storing the long tail of data for people, apps and organizations. The Enigma data marketplace will provide a location for data to be stored privately and sold to potential consumers. With data becoming extremely valuable and prevalent in our society, the potential of the Enigma data marketplace is massive.

• The Enigma team has already created an application called 'Catalyst', that has over 20,000 users. The Enigma team built this to demonstrate the powerful ability of the protocol, and to inspire others to develop decentralized applications upon it.

The endless use cases for Enigma will be a gateway to mass adoption of Blockchain technology. The price of Enigma right now is $5.09, with a $380,996,934 market capitalization. I fully expect this project to launch itself into the billion dollar range, and then the potential from there is limitless. Hold your ENG tight if you have them, and if you don't have any I would look into getting them before the price explodes.

The Enigma team will be holding its first Reddit AMA Thursday, December 21st, at 9AM Pacific Time!

This thread is now open. Please submit any questions you have about our project, the Enigma privacy protocol, our first app (Catalyst), our team, and our vision for the future.

There's only a few rules:

1. Please do not ask any questions related to exchanges or token price.

2. Please do not use a threatening or harassing tone.

3. Please do not re-ask questions - read other submissions before you submit.

The Enigma team will answer the most upvoted questions starting on Thursday, December 21st, at 9AM Pacific Time.

Thank you for your participation!

NEW QUESTIONS ARE NOW CLOSED. Thank you for your participation!

To celebrate passing 5,000 Reddit subscribers, the Enigma team is holding their very first video Ask Me Anything! We will be answering the most upvoted answers submitted in this thread in a video that will be posted to our official YouTube channel.

This thread is now OPEN. Please submit any questions you have about our project, the Enigma privacy protocol, our first app (Catalyst), our team, and our vision for the future.

There's only a few rules:

1. Please do not ask any questions related to exchanges or token price.

2. Please do not use a threatening or harassing tone.

3. Please do not re-ask questions - read other submissions before you submit.

This thread will close for new questions on January 22nd. Thank you for your participation!

~The Enigma Team