Bean, confident confidence and scalability.

Beam , It will change the way that encryptors store the value!!

Beam , New cryptocurrency totally confidential and next generation, based on design that is elegant and innovative.

-Since the beginning of the creation of Bitcoin and Blockchains, all transactions have been represented publicly by means of a series of transactions that go from the beginning of a chain of blocks. This is to make a series of validations that are needed to verify that each transaction in the chain is valid, so as not to depend on the many centralized entities that play the role of intermediaries, which has always been the objective of Blockchains. This is how all the information is published.

But in Beam , MimbleWimble, you will have the Confidentiality to your users, all the information referring to the transactions are private, they will not be stored in the blockchain.

Some features Beam

• 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.

• It is versatile because I adopt the technology "Script Script" allows the implementation of a great variety of transaction types beyond simple value transmissions.

• 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.

• It is Sustainable with its open source, implemented from scratch, is governed by the community and backed by
  Beam Growth Pool.

• 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.

• Beam , 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.

The blocks are taken using the Equihash algorithm Work test

The encryptors will be able to store the value and no information will be found regarding the ones that they make or receive in the transactions, this is not stored in the chain of blocks.

Beam , allows different types of transactions, for example; escrow transactions, time blocked atomic swaps transactions and more.

no posse ICO, is backed by a treasure that is issued from each of the blocks during the first five years.

doing careful analysis can reveal the movements of many cryptocurrency that may seem anonymous, from where and to the destination of user, creating concerns in the users who dub their security.

Many of today's blockchain solutions lack privacy.

Even the Blockchains themselves, do not have the necessary security to develop their abilities to react and adapt without losing quality, and without being able to do operations efficiently, this brings them closer to scalability problems as they grow to be able to achieve satisfactorily, the global demand.

But instead in Haz (Based on Mimblewimble).

Mimblewimble en Beam , has the concept of making privileges in privacy transactions without making network obtrusions making the process more Libyan maintaining the privacy of its users.

Beam , owning Mimblewimble in its core, will be able to handle the continuous growth of work in a fluid way, maintaining reasonable block sizes allowing absolute control over privacy.

Benefit of having the ability to choose levels of privacy.

Mimblewimble, is a new project that, like Bitcoin, was presented by an anonymous author, but it focuses on:

• Confidential transactions.
• Reduction of transactions.

Confidential transactions: These use two basic properties which is a scheme that must be carried out in the cryptographic spaces they are; concealment and linkage.

In this way the information will be the transactions, it will be a matter of greater privacy because it will travel through the networks, but this information will be totally confidential for the person to whom it belongs.

Reduction of the transaction: to reduce the large list of transactions that a block takes, apply this principle even further from the individual blocks to the entire blockchain, the system will only need the current state of the transactions the place of all transactions such and as it happened in the past in the way that Bitcoin works.

Beam is based on Mimblewimble, so you can allow users to send their transactions and receive them safely and privately. in this way the protocol of giving the addresses and quantities for the verification of transactions will be saved.

All the blockchain, must endure the results in a faster blockchain architecture, thinner than its growth is fully scalable.

So that the detailed information is from the issuing user to the receiver avoiding third parties and that our valuable information is revealed. This increases our security and makes the system lighter.

Smaller blocks increase performance and scalability (Mimblewimble)

Mimblewimble, is a process that reveals its ability to safely process operations, making the process shorter and lighter since it makes the transactions arrive directly from the sender to the receiver without intermediaries, that is, only those involved will have the information. valuable, in this way allows more control and seeks to adapt without losing quality, improving performance.

Importance of having privacy for a "value store" cryptocurrency

In the world of cryptocurrencies there is a large number of wallets that may seem safe but always at risk of any cyber attack which the program may fail because of the great information that remains in the domain of many.
That is why maintaining a privacy in our cryptocurrency management would be a case of health in the area, since we will be more confident if our assets in crypto were inside a safe.

With Beam and Mimblewimble, you will feel that you are shielding your membership, as they possess the ability to maintain security through a process that is libyan and highly scalable.

Some cases of use

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.

This is when Gorge discovered Beam through one of steemit's publications!

They are now enjoying the services and warranties and can co-develop. Because with Beam , companies can use a layer of blockchain technology to manage their finances instead of depending on a combination of cryptocurrencies.

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 Beam 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.

The programming of this currency is not exactly detailed, it will be announced soon the beginning of this project more than promising, keeping the security of blockchain stable.

More Information & Resources:

Beam Website
Beam Position Paper
Mimblewimble Paper
Beam YouTube
Beam Telegram
Beam Facebook
Beam Github
Beam Bitcointalk
Beam Medium
Beam Twitter

All resources used images, videos, web pages belong to Beam.

Bean 2018