Read Beam (BEAM) News, Price Prediction, Opinion and Analyses Created By Users

Beam Coin (BEAM)

22 Articles 2 Followers

Beam is a privacy focused coin that began development in March 2018. The projects uses the Mimblewimble protocol to shield transaction data and make them untraceable. 

As is the case with other privacy tokens, BEAM features an opt-in audibility option that ensures that certain types of transactions can comply with regulations. Development is open-source and the team budgets 20% of mining rewards for the BEAM growth pool, with the intention of encouraging adoption and developers to build on the platform. 

Privacy coins are a very prominent niche in the cryptocurrency market, with coins like Monero and Zcash being among the 25 tokens with the highest market cap. The privacy-facilitating technology of Distributed Ledger Technologies (DLTs) has spurred multiple teams to create tokens that shield recipient and sender data, as well as the transaction amount. Contrary to popular belief, Bitcoin is not truly anonymous, and startups are seeking to address this issue by building networks that have privacy integrated into it.

After the launch in March 2018, the team began working towards releasing a Proof-of-Concept and a testnet, which they did in June and September of 2018 respectively. The mainnet launch soon followed in December 2018, bringing with it a blockchain explorer, GPU mining support, atomic swaps, a mobile wallet, a payment integration API, among many other features. 

Having already completed payment and exchange, and mining pool APIs, the rest of 2019 sees the team focusing on Android and iOS wallets, multisignature support, a Lightning Network Proof-of-Concept, hardware wallet integration, TOR integration and a change to the Proof-of-Work algorithm.

In this tag, read Beam (BEAM) coin news, price predictions, opinions and analyses created by users.

StealthEX Interview With Alex Romanov, The Tech Lead Of BEAM

19 Jan 2021 25 minute read 2 comments StealthEX

Hi everyone! Today we are launching a series of interviews with crypto enthusiasts. The first is Alex Romanov, the Tech Lead of BEAM confidential cryptocurrency. BEAM is a privacy oriented platform running the Mimblewimble protocol. Today we're here...

Will BeamX merge privacy and DeFi? What you need to know

1 Jan 2021 5 minute read 0 comments LiquidAttic

An interesting development that the team behind Beam has announced can bring privacy and DeFi closer together. Beam has created a platform for developers to make it easier to implement privacy when creating dApps. It is also one of the prerequisites...

BEAM Cryptocurrency and Its Peculiarities

13 Dec 2020 5 minute read 2 comments ChangeNOW

Originally published in the ChangeNOW blog Privacy coins have some unique features guaranteeing them a nice place in the crypto world. Although cryptocurrencies like Bitcoin are often referred to as anonymous, it is nothing but a misnomer. By nature,...

Alex Romanov on Beam, MimbleWimble, Lelantus, and Privacy in Cryptocurrency

2 Oct 2020 1 minute read 8 comments TheDesertLynx

Alex Romanov, tech lead for Beam, comes on the podcast to talk about the exciting world of advanced cryptocurrency privacy. We discuss MimbleWimble and the unique scalability and privacy mix it provides, as well as unique benefits as well as challen...

BEAM Ready to POP.

24 Aug 2020 1 minute read 0 comments Team Professor

  A little introduction about us, we are a community of crypto enthusiasts, who provide trading ideas, teachings, and signals in our ever-expanding group... all of which is done for completely free!!! Trade Number = #1--------------------------------...

GPU Mining - BEAM (Beginners' How-To Guide) - BEAMHASH III Edition

3 Jul 2020 4 minute read 20 comments Mynima

This is number 13 of the mining articles for beginners and hobby miners, if you're interested at having a go at mining some other coins then check out the rest of my blog here.  Before I begin there are a couple of things to remember; Firstly unless...

Beam Hard Fork Plans To Increase DeFi's Privacy

29 Jun 2020 1 minute read 0 comments PassionCryptodotcom

The cryptocurrency industry may soon welcome a new category of decentralized finance (DeFi) applications, as BEAM (Coin-focus) plans to run its second hard fork, which would give DeFi applications a layer of privacy . According to a press release sha...

Community-driven Exchange Supports Privacy Token Beam’s Hard Fork

25 Jun 2020 3 minute read 0 comments Bit Media Buzz

Singapore - Community-driven crypto exchange is supporting BiKi-listed project Beam as they execute their second hard fork. The network upgrade will occur at Block 777777, estimated to be reached on 28 June 2020.  In line with their ethos o...

Cryptocurrency Updates - 21/06/2020

21 Jun 2020 1 minute read 0 comments Gamer Boy1110

LBRY Released Android Browser and  Wallet Version 0.15.13 Details and Update Here:       Groestlcoin (GRS) Released Lightning Wallet 0.3.2 Update lightning node list Name: groestlcoin-lightning-wallet-0.3.2.apkSize: 7169294 bytes (7001 KiB)SHA256...

Mimblewimble- Price(s) we pay for privacy.

8 May 2020 6 minute read 1 comment Dzoelx

  Mimblewimble blockchains offer improved blockchain transaction privacysource Get an envelope, put a seal on it…maybe we can just get a bag and enclose it in zips; we’ve always struggled with keeping things as secret as desired. Privacy keeps climbi...