BEAM

Date:2022-03-25 20:38:45

(BEAM) Introduction


beam abbreviation:BEAM

Release date : 04/01/2019
  • Project basic information


Issue Time:2019-01-04

Total Supply:96.959.680

Circulation :96.959.680

White paper:https://docs.beam.mw/BEAM_Position_Paper_v0.2.2.pdf

Website:https://beam.mw/

Block Explorer:https://explorer.beam.mw/


  •  Project Introduction

Beam is a scalable, private cryptocurrency based on both the MimbleWimble and LelantusMW protocols that aims to explore the world of confidential Decentralized Finance (DeFi). The project has raised ~$5.2 MM via private token sales.The Beam blockchain utilizes Proof-of-Work (POW) to reach network consensus. Using the MimbleWimble protocol, Beam is able to enhance privacy and fungibility, while reducing blockchain bloating and improving scalability. Addresses are not stored in the blockchain and transactions are private by default. To maximize privacy to the network, Beam utilizes LelantusMW, offering an anonymity set of up to 64 kilobytes.BEAM is designed to be a deflationary coin with capped supply, halving every four years and stopping emission altogether after 133 years.The BEAM token currently has two forms of utility: medium of exchange with full anonymity, and confidential store of value.

Specification

Frontend Title:beam Symbol:beam English abbreviation:BEAM
Developers:Alexander Zaidelson, Alex Romanov, Amir Aaronson The core algorithm:SHA256 Release date:04/01/2019
Block speed: Circulating Supply:96.959.680 Stock:96.959.680
Proof way:https://bscscan.com/token/0x38d8b1ac6967c5714f9350 Difficulty adjustment: Block Bonus::
Key Features:
Shortcomings::