The controversial Edward Snowden, in my opinion quite rightly,
points out
that the most important structural defect of bitcoin is not in the limitations of its rate of transactions but in its public record to «have a lifetime history of the purchase of all, all the interactions available to all and have a good performance at scale... the public blockchain of the cryptocurrency made it susceptible to abuse...»
On most shopping websites other actors unrelated to the transactions, having the necessary technical resources, and using blockchain analysis can get, the object, the amount and the identity of who sends or receives in their encrypted transactions
In addition, the future of any cryptocurrency as a means of payment and reserve of value will be affected by its greater or lesser ability to handle the growth of its transactions in a fluid way; furthermore the aim to create a peer-to-peer sharing economy through criptocurrencies distributed ledger technology will be possible by way of truly decentralized ones
BEAM TOWARD A TRUELY FREE PEER-TO-PEER SHARING ECONOMY
THE MAIN ADVANTAGES OF BEAM ARE
CONFIDENTIALITY
The protocol or MembleWimble is built from Bulletproofs: «...they are short non-interactive zero-knowledge proofs that require no trusted setup ...» establishing a method for the verifier to prove that something is true without to be able to reveal nothing more than the truthfulness of declaring it true. This assures full confidence if the users have the feasibility to decide "witch information will be avaible and to witch parties"
SCALABILITY
«A blockchain is just a list of transactions, each with its list of inputs and outputs» the BEAM MeambleWimble features cut and trough allows merge in a new transaction the unspent output (UTXO) both sender and receivers, this allows to reduce the extension of the block chain by only recording «the current UTXO state instead of the transaction history»
ANOTHER ASSETS BRING OUT BY BEAM FEATURES
VERSATILITY
«“Scriptless Script” technology allows implementation of a wide variety of transaction types beyond simple transmissions of value; for example, atomic swapping, escrow, and time-locked transactions»
SUSTAINABILITY
«Open source, implemented from scratch, community-governed, and backed by the Beam Growth Pool: 20% of block mining rewards goes to this pool to incentivize development and promotion of BEAM»
USABILITY
«A wallet for desktop and mobile, designed to support day-to-day usage for both individual and small business users. The built-in dashboard makes budget management easy, featuring actionable spend and earning insights»
COMPATIBILITY
«An industry-proven Equihash algorithm was selected to ensure broad adoption by existing GPU miners. BEAM comes with an extensive set of tools for running and managing mining nodes»
EXTENDING BEAM BLOCKCHAIN CAPACITIES
BUILDING NEW FREEDOM PATHS THROUGHOUT THE WORLD
BEAM 2018