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](<a href="http://link.springer.com/chapter/10.1007/978-3-642-40084-1_11" rel="nofollow">http://link.springer.com/chapter/10.1007/978-3-642-40084-1_1...</a>). 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.<p>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.
Click 'Learn More' -><p>"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."<p>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'.