BEAM
Tel Aviv
About BEAM
BEAM is a next-generation con∩¼üdential cryptocurrency based on an elegant and innovative Mimblewimble protocol. Things that make BEAM special include: • Users have complete control over privacy - a user decides which information will be available and to which parties, having complete control over his personal data in accordance with his will and applicable laws. • Con∩¼üdentiality without penalty - in BEAM con∩¼üdential transactions do not cause bloating of the blockchain, avoiding excessive computational overhead or penalty on performance or scalability while completely concealing the transaction value. • No trusted setup required.• Blocks are mined using Equihash Proof-of-Work algorithm. • Limited emission using periodic halving with a total amount of coins ~250 million. • No addresses are stored in the blockchain - no information whatsoever about either the sender or the receiver of a transaction is stored in the blockchain. • Superior scalability through compact blockchain size - using the “cut-through” feature of Mimblewimble makes the BEAM blockchain orders of magnitude smaller than any other blockchain implementation. • BEAM supports many transaction types such as escrow transactions, time-locked transactions, atomic swaps and more. • No premine. No ICO. Backed by a treasury, emitted from every block during the ∩¼ürst ∩¼üve years • Implemented from scratch in C++ by a team of professional developers
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 11 – 50
- Estimated revenue: $1K – $10K
- Total funding: $7.0M
- Funding stage: Seed
- Last round: Seed (May 2021)
- Website: beam.mw
- Phone: [email protected]
Industries & Categories
Blockchain, Cryptocurrency, Privacy
Social Profiles
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