Enigma to Join Forces with Intel

Enigma plans to work with Intel and other partners to develop applications that will support its protocol and Intel's Software Guard Extensions (SGX) 
21 June 2018   789

Blockchain start-up Enigma will use Intel's SGX technology to improve the "secret contracts" focused on increased privacy. Secret contracts are a type of smart contract for public blockchains that use cryptographic tricks to keep transaction data hidden from view This is reported by Coindesk.

Privacy is currently the biggest barrier to smart contract adoption. Blockchains are good at correctness, but bad at privacy by design. Smart contracts and decentralized applications will need to be able to use private and sensitive data to see global adoption.
 

Enigma's Spokeperson

Enigma plans to work with Intel and other partners to develop applications that will support its protocol and SGX.

Intel is committed to enabling business transformation by shortening the time-to-value from blockchain implementations and working with the industry to address privacy, security and scalability challenges. Enigma’s protocol approach is helping solve the challenges on public blockchain networks and improving data privacy and smart contract security.
 

Rick Echevarria

Vice President, Software and Services Group and General Manager, Platforms Security Division, Intel Corporation

This year, it will launch a pilot project designed to test its technology and demonstrate the potential of the joint work of SGX and the Enigma protocol.

Binance Launchpad to Change IEO Rules

Binance is going to implement the lottery format for the next tokensale campaign
25 March 2019   70

Binance announced a change in the format of the next tokensale on the Launchpad platform to a lottery. At the same time, the number of lottery tickets per account will depend on the size of the steak in the BNB for 20 days before IEO.

Note that one account can get up to 5 lottery tickets. Winners will be selected by randomizer.

BNB Balance to Lottery Tickets Ratio
BNB Balance to Lottery Tickets Ratio

It is noteworthy that within 20 days before the lottery, the BNB-deposit snapshot will be carried out daily at 0:00 UTC to monitor the fulfillment of the conditions.

Each winning ticket will grant the right to purchase tokens for a fixed amount in BNB equivalent. As soon as the user informs the exchange that he is ready to use a certain number of tickets in case of their winnings, this obliges him to purchase tokens and the money will be debited automatically.

Binance acknowledged that the price of BNB may fluctuate due to daily snapshots, and its potential decline may not be covered by the benefit from the new token, and encouraged users to make informed decisions.

In addition, Changpeng Zhao urged the community to comment on the new format in a separate Twitter thread in order to make the necessary feedback-based changes, if needed.

During the Celer Network tokensale on the Launchpad platform again had bandwidth problems; many people did not manage to purchase tokens.