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by bsilvereagle
3991 days ago
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Click 'Learn More' -> "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'. |
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"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."
http://enigma.media.mit.edu/enigma_full.pdf