Beam: The best choice for your security.

endervalencia (42)in #crypto • 6 years ago (edited)

Introduction

Before we begin to know about BEAM, we should mainly talk about the scalability protocol that it uses as a means of security in almost anonymous transactions and thus, provide greater security for both the sender and receiver.

This idea arises through the need we influences daily while working virtually. Mimblewimble is an innovative and effective security system that implements Beam.

Now, what is Beam?

It is a coin designed by a team specialized in cryptocurrencies with a great work history. Its idea of releasing a decentralized currency to the market and being able to reduce the chain of blocks without keeping records to minimize such chains and provide greater scalability, allowing several types of transactions without the risk of insecurity through anonymity.

Why choose Beam?

When using Mimblewimble Beam employs an absolutely secure blockchain to guarantee the user an exchange of cryptocurrencies without worries for both parties, in addition it realizes chain of blocks that minimizes and does not allow the tracking through information lent to the accounts.

Many may sound the name of Mimblewimble since it comes from the name of a spell in the renowned Harry Potter saga. This innovative and futuristic protocol was developed by anonymous in 2016, and with its blockchain functions it adds Pedersen Commitment to complement and include a validity of amounts so as not to make fraudulent changes.

Benefits offered by Beam

• Confidentiality, without private information between transactions without saving history.

• Versatility, to perform several transactions in seconds and without risk.

• Scalability, there the Mimblewimble protocol is applied with no history and making small blocks.

• Sustainability, for promoters and keep growing with Beam.

• Usability, a mobile wallet That can be used at any time.

• Compatibility, to expand around the world.

Case of use

Jane is a freelancer and has always worked with cryptocurrencies, while making a change she was involved in a scam and lost a lot of money, this put her in total mistrust until she found Beam, who with her protocol has allowed her to continue working and has never again He suffered this type of scams and losses with his work.

The Team Beam

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