In fairness, there's a white paper linked on the bottom. I scanned it. It sounds like an etherium competitor, specifically for computation. It describes a p2p system of compensated nodes, with an external blockchain to manage access\identity. Nodes run pieces of the data through simulated circuits, similar to a protocol described by Cohen in [2013 Crypto](http://link.springer.com/chapter/10.1007/978-3-642-40084-1_1...). The authors claim they got the O(n^2) down to O(n), and parallelize the rest. Storage via a distributed hash table. Other fancy stuff to ensure correctness.
My concern for the site is toward the bottom. They advertise "Fair income distribution: Users get paid for their data". If this were google, that might work. As this is a private computation service, I don't know which way the typo should go.
"Enigma is a decentralized cloud platform with guaranteed privacy. Personal data is stored, shared and analyzed without ever being fully revealed to any party. Secure multi-party computation, empowered by the blockchain, is the magical technology behind it."
If the author's find this, that's the vaguest, most poorly worded summary of a service I think I've ever read. I don't know a) how it's decentralized b) how my data is stored, shared & analyzed c) whether to trust the blockchain being called 'magical'.
It makes sense as short buzzwordy marketing text. If you scroll down further there is a link to the whitepaper which describes it in great detail.
"A peer-to-peer network, enabling different parties to jointly store and run computations
on data while keeping the data completely private. Enigma’s computational
model is based on a highly optimized version of secure multi-party computation,
guaranteed by a verifiable secret-sharing scheme. For storage, we use a modified distributed hashtable for holding secret-shared data. An external blockchain
is utilized as the controller of the network, manages access control, identities and
serves as a tamper-proof log of events. Security deposits and fees incentivize operation,
correctness and fairness of the system. Similar to Bitcoin, Enigma removes
the need for a trusted third party, enabling autonomous control of personal data."
My concern for the site is toward the bottom. They advertise "Fair income distribution: Users get paid for their data". If this were google, that might work. As this is a private computation service, I don't know which way the typo should go.