Ethereum vs Integritee

Ethereum emerges as a decentralized, open-source blockchain platform empowering developers to craft and deploy smart contracts alongside dApps. Pioneering the smart contract concept, Ethereum enables self-executing agreements with terms directly encoded into its blockchain, eliminating the need for intermediaries. Additionally, Ethereum serves as a hub for the creation and exchange of NFTs (Non-Fungible Tokens) and various digital assets. Its intrinsic cryptocurrency, Ether (ETH), facilitates network transactions and incentivizes miners to uphold network security. Ethereum's evolution to Ethereum 2.0 introduces a proof-of-stake (PoS) mechanism, aiming to enhance scalability and energy efficiency.

Integritee is a blockchain project focused on providing privacy-preserving solutions for dApps and smart contracts. It aims to enable confidential computing on public blockchains, allowing sensitive data to be processed securely without compromising privacy. Integritee utilizes trusted execution environments (TEEs), such as Intel SGX, to create secure enclaves where data can be processed confidentially. This ensures that data remains encrypted and inaccessible to anyone, including the network validators or operators, while it is being processed. This idea opens up new possibilities for privacy-focused applications in finance, healthcare, and so on.