The project is called Mimblewimble.

The Mimblewimble protocol solves both of these problems: Bitcoin's lack of privacy due to the fact that all data sent and received can be viewed, and its scalability due to the fact that when a large number of transactions occur, remittances get stuck.

The Mimblewimble protocol is a solution to both of these problems. The Mimblewimble protocol eliminates the address wallet itself and maintains anonymity by not sending any information about the transfer fees to the nodes. In addition, the fact that no extra information is sent makes it possible to reduce the block size, which improves scalability.

Mimblewimble does not have the concept of a wallet address itself, but rather generates a string of characters that are valid for a certain period of time, and makes money transfer possible by having wallets that are online interact with each other. As a result, only the mathematical formula of the amount of money transferred, encrypted with a secret key, is recorded on the blockchain, and the amount of money transferred itself is not recorded on the blockchain. The major difference between the two is that Beam is not using anonymizing technology like Monero or Zcash to enhance anonymity, but rather has a mechanism that establishes anonymity in the first place.

The processing speed of Beam is 17 transactions per second, which is higher than Bitcoin and similar anonymizing currencies such as Zcash and Monero. Blocks are generated every minute, and each block contains about 1000 transactions.

A block is generated every minute, and each block contains about 1000 transactions. ・Development is done around the clock, and there is a high level of commitment to the service.

It can be traded on BINANCE, etc.

Official website : https://www.beam.mw/
Twitter : https://twitter.com/beamprivacy
Github : https://github.com/BeamMW/beam