BEAM Technology Platform

BEAM is a next-generation scalable and confidential 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. 
  • Confidentiality without penalty - in BEAM confidential 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 the 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 first five years 
  • Implemented from scratch in C++ by a team of professional developers.