Introduction
After the presence of bitcoin, the world offered approach to a lot of cryptographic forms of money as option and enhanced choices for exchanging and mining. Every one of these cryptographic alternatives has emerged because of the need secure and dependable exchanges. These features beam value coin provides gives or offers a system whereby it's users has total control over transaction of data available , which gives the confidence to its users that they have the option of transparency as well as privacy. The beam value coin is a platform where crypto users sends and receive money from other block chain in a secure and private way.ince the beginning of the cryptocurrencies, starting with bitcoin and with the passage of time, modifications have been applied in the ecosystem with the purpose of improving their performance. Although the idea of the blockchain since its inception has been accepted by the majority, today there is a common concern among the people and organizations that use it and prefer to maintain the reliability of their data and / or records to avoid access ( not authorized) to the information and thus protect them from possible revelation. All things being equal, bitcoin is as yet the main choice, because of its legitimacy and quality in the cryptographic market. The privacy of exchanges is imperative in the activities that are hugely completed worldwide in every single money related market, giving this alternative is just to a few and keeping up that pace all through the undertaking makes it an incredible test.
Beam Features
- It has a great deal of confidentiality, all the transactions carried out are private. No information is stored about the participants or the transaction in the blockchain.
- Adaptability - "Scriptless Script" innovation permits usage of a wide assortment of exchange composes past basic transmissions of significant worth; for instance, nuclear swapping, escrow, and time-bolted exchanges.
- It is scalable with the cut, feature of Mimblewimble that helps avoid excessive computational overload, this makes the
Beam , block chain smaller than any other blockchain implementation. - Manageability - Open source, actualized starting with no outside help, network administered, and supported by the Beam Growth Pool: 20% of square mining rewards goes to this pool to boost improvement and advancement of BEAM.
- It has a good usability, because it is a wallet that can be used in desktop computers and mobile devices, and each participant can have their daily information as well as small businesses. It has an integrated panel that makes budget administration easier to apply, with the expenses that can be processed and the information that is important.
- Similarity - An industry-demonstrated Equihash calculation was chosen to guarantee wide selection by existing GPU diggers. Shaft accompanies a broad arrangement of apparatuses for running and overseeing mining hubs
- Bean, is a faster network and with many more efficiency than others, it has smaller blocks than the other block chains which makes it more desirable due to its quality and growth.
Solution
As specified above, BEAM depends on the Mimblewimble idea, which permits empowering exchanges with more security without being an impediment to the system.Today alot of cryptocurrencies block chain are designed by default to entertain or give information to third party individuals about other transactions made by people in their platform.Its root is worked in C ++ to have the capacity to offer the protection that portrays it, hence enabling the center of BEAM to all the more completely include the extent of the squares in the chain and give more control to security.Alot of block chain solution do not have the capability to keep transactions on their platform private and confidential.
Case of use 1
Gorge is one of the main investors of a small crypto firm called CryptoAccounting responsible to look for more up-to-date technologies for the growth of its small firm!
One of the problems that CryptoAccounting faces is the limitation of choice in regards to privacy. While their corporate clients want to transmit their business transactions to their investors, they want to keep the individual salaries of private employees. Existing Blockchain solutions put employees at risk of privacy violation.
Case of use 2
Marcos is passionate about cryptocurrencies , but in this field there are many pirate attacks, he is thinking of leaving this branch due to several attacks, then he meets Bean through a friend.
Now Marcos enjoys the use of cryptocurrencies without having to lose because Benan offers a cervicio of confidentiality and security to all his transactions. Assuming it is a good way to maintain your career in the area without persistent dangers.
a video:
More Information & Resources:
"Beam 2018"