What can Enigma do if it had its own blockchain that it cant do in Ethereum right now?


#1

by Feralz2

What can Enigma do if it had its own blockchain that it cant do in Ethereum right now?


#2

Guy Zyskind: „A lot. I think this was one of the biggest realizations we’ve had since we started building. First, moving between networks is expensive – a thing that could be achieved using one transaction in our network, would require several transactions on Ethereum. Second, what we are building is extremely unique. Both in the case of TEEs, but especially with MPC – Enigma will have its own execution engine, with different trade-offs and needs compared to existing blockchains. Trying to fit everything on the Ethereum blockchain would in practice mean we would often sacrifice code/design simplicity and performance for interoperability.

Finally, we’d be too reliant on Ethereum. In terms of scalability, without our own chain, we can only scale stateless computations, and would otherwise have to work around Ethereum’s timeline and hope for the best. Also, whenever a big change happens in Ethereum (e.g., materially changing the EVM), we would have to adjust, which aligns with what I said above."