The company had previously planned to deploy its “Discovery” protocol on the live ethereum network or “mainnet” – it launched on an ethereum “testnet” over the summer – by the end of the third quarter. According to a blog post published Thursday, that plan has changed in the interest of building out the Enigma ecosystem and continuing to work with the project’s stakeholders.
“We have decided to extend our initial timelines and focus on working with our partners to grow our ecosystem, expand Enigma’s capabilities, and build secret contracts,” the team wrote. “Importantly, we will keep a strong focus on acquiring and onboarding new launch partners between now and a mainnet launch – and you can stay tuned for more news on this front.”
When reached for comment, Tor Bair, Engima’s head of growth and marketing, reiterated that reasoning, telling CoinDesk:
“From my perspective, the decision to delay a mainnet release means we’ll be able to achieve our long-term mission faster of supporting global adoption of dApps. Given our focus, it’s not a delay at all – it’s actually an acceleration towards our primary mission. It means we’re building a healthier, larger ecosystem sooner. It’s an easy business decision and a difficult communication.”
Bair also criticized the focus on deadlines, arguing that “dates make for speculation.”
“Honestly, the addiction to ‘when mainnet’ isn’t healthy for protocols. It’s like demanding quarterly earnings from public companies, except we’re an early stage startup and we have to ship high-stakes code instead of just revealing a balance sheet,” Bair went on to write. “We have no intention of shipping something without having immediate adoption, and we want to minimize risks for the projects who will depend on us.”
Enigma’s roadmap is notable for its complexity, with several different “mainnet” launches planned over the next couple of years. Discovery would mark a milestone in deploying Enigma’s “secret contracts” to the live ethereum network…