Beam - A new cryptocurrency with potential
BEAM
It is a new cryptocurrency that is anonymous, and based on Mimblewimble that makes things simpler with the scalability and speed of the network.
Why use Beam?
■ Because it uses the Mimblewimble protocol that improves the blockchain with fast confirmations and good scalability in the long term.
■ The transactions are 100% private.
■ Because it gives control to users to know what transaction information is shared, and to whom it is shared with.
■ It's untraceable and decentralized.
■ Because it has multiple types of transactions in a private way with more security and confidence.
Beam Use-Case
Luis is a trader in cryptocurrencies and is looking for a safe place where he can save a portion of his investment and continue investing. Because in an exchange it's not safe.
Saving cryptocurrencies in a cold wallet is for long-term and is good, but when you want to use it in the short-term is not convenient.
Then find Beam. An interesting and safe option to do private transactions and is not traceable. In addition he can use Beam for short-term investments without problems and online.
Conclusions
■ Beam can solve the problem of scalability and privacy with Mimblewimble.
■ Comparing with other wallets online security makes Beam have long-term potential.
■ Mimblewimble is the main base which makes Beam a cryptocurrency with so many benefits.
■ The multiple types of transactions of private way makes that Beam spreading and giving more security options.
■ To have confirmations and transactions without using a heavy Blockchain, users are more likely to use the Beam.
■ Beam has Equihash mining algorithm.
■ No ICO.
Roadmap
Team
Investors
More information and resources
■ Beam Website
■ Beam Position Paper
■ Mimblewimble Paper
■ Beam YouTube
■ Beam Telegram
■ Beam Facebook
■ Beam Github
■ Beam Bitcointalk
■ Beam Medium
■ Beam Twitter
My Twitter Link:
https://twitter.com/HuarancaBeto/status/1038962427071787008
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