Home » Crypto » What is BEAM coin and how does it work?

What is BEAM coin and how does it work?

by Financial Economy

BEAM can be defined as an innovative cryptocurrency project operating on two different blockchain networks. BEAM, which follows the blockchain protocols Letantus MW and MimbleWimble, comes before its users as an unusual crypto money project. Information about some topics that what is BEAM coin, how does it work, how to buy it, on which exchange, how much is it, reviews about it, its future, etc. is in continuation of the article. You can browse here for information about Bytom coin (BTM).

What is BEAM coin and how does it work?

BEAM Mimble is known as an open source cryptocurrency operating on theWimble blockchain. The BEAM team aims to develop a network that can be an alternative to the original Bitcoin (BTC) blockchain. This network will be enabled to offer privacy-oriented transactions to its users.

The BEAM team plans to offer these services with a user-friendly interface. In this way, it is aimed to make an undeniable contribution to the crypto money ecosystem. BEAM, known as the first cryptocurrency following the MimbleWimble blockchain protocol, has a difference that will attract the attention of users.

BEAM coin review and future 2022!

The BEAM platform is built on a new technology called Dandelion. The basic working logic of this technology is based on the logic of randomizing the traces left by the transactions taking place on the network. In this way, it was aimed to make transactions that can normally be traced to the end in blockchain networks become untraceable. As a result, it is possible to ensure the privacy of users.

The BEAM platform is preparing to make the transparency feature an option by bringing various updates in the future. Accordingly, users will be able to decide for themselves the nature of the transactions they perform on blockchains. Thus, users will have the power to easily decide which data about their transactions will go to third parties.

When was BEAM coin launched?

BEAM, known as a reliable and scalable platform based on the MimbleWimble protocol, first started its activities in 2018.

Beam founders!

The Beam project was founded by names such as Alexander Zaidelson, Alex Romanov and Amir Aaronson.

Which exchange is BEAM coin avaliable on?

BEAM coin is listed on some cryptocurrency exchanges such as Binance, MEXC, Gate.io, Deepcoin, BitForex, etc.

How to buy BEAM coins?

BEAM token can be purchased from listed cryptocurrency exchanges, like mentioned above. However, before trading, it is necessary to make sure that the exchange and the crypto project are “RELIABLE”. It is so important point for investors.

BEAM coin supply!

Total supply of BEAM coin is 112.806.760 BEAM.

BEAM coin price!

As of April 27, 2022, at the time of the writing, 1 BEAM coin price is around $0,29 (because of the volatility the price can change instantly).

Caution: The information contained in this content is for general informational purposes only. It is not investment advice.

For information about cryptocurrency: https://en.wikipedia.org/wiki/Cryptocurrency

Related Posts

Leave a Comment