Beam (BEAM) is a privacy-centered and scalable cryptocurrency based on the Mimblewimble protocol.
Its goal is to provide confidential and efficient transactions, allowing users to have full control over their privacy and personal data.
Key features:
Confidential transactions: Beam implements confidential transactions through a cryptographic commitment scheme that guarantees the privacy of the amounts transferred.
Enhanced scalability: By using the Mimblewimble protocol, Beam achieves greater efficiency and scalability compared to other traditional blockchains.
Privacy control: Users decide what information to share and with whom, maintaining full control over their personal data.
Utilities:
BEAM Token: Functions as the native currency of the network, used for transactions and as an incentive for network participants.
Confidential smart contracts: Beam supports smart contracts that preserve privacy, enabling decentralized applications with private transactions.
Multi-platform wallets: Offers wallets for various platforms, including Windows, Mac, Linux, iOS, and Android, facilitating access and use of BEAM.
Whitepaper:
The official technical document of Beam, titled "The Scalable Confidential Cryptocurrency"
It is available on its website:
- Beam Whitepaper -
Annual price evolution of Beam (BEAM):
This is a list of the approximate price of BEAM at the end of each year since its launch:
2019: $0.50
2020: $0.30
2021: $0.60
2022: $0.10
2023: $0.06 (as of December 1)
* Beam stands out for its focus on privacy and scalability, offering an innovative solution for confidential transactions in the cryptocurrency space.
Its implementation of the Mimblewimble protocol and support for confidential smart contracts position it as an attractive option for users who value privacy *
