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Beam

Beam

BEAMMW
#953
$0.01291Up 28.56 percent($0.00)

Key Stats

Market Cap$1.52MUp 28.56 percent
Volume (24h)$69.65K
Fully Diluted Value$3.39M
Vol/Mkt Cap (24h)4.57%
Total Supply148.15M BEAMMW
Max Supply262.80M BEAMMW
Circulating Supply117.93M BEAMMW
Launch Date2018-10-17
Block Number2,422,663

Beam Information

Websites
beam.mw
Block Explorers
explorer.beamprivacy.community
Hashing Algorithms
BeamHash III
Industries
Payment

Beam Price Converter

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Beam Markets

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InstrumentExchangeBenchmark DataPrice24h Change
BeamUSDT logo
BEAMMW-USDT
BEAMUSDT
mexc logomexc
C
0.01291USDT
28.57%

About Beam

Beam is a privacy-focused cryptocurrency that aims to create a genuinely confidential digital currency without compromising usability. Its transactions are private by default, and no identity-related information or addresses are recorded on the blockchain. It was created by a team of world-class developers who built the first version of the Beam blockchain in just nine months. Beam is deflationary, uses a Proof-of-Work consensus algorithm, and offers several features such as Atomic Swaps, Direct Payment Channels, Confidential Assets, Decentralized Apps, and Smart Contracts. Beam wallets also have a built-in Dapp store.

Frequently Asked Questions

Beam is a privacy-focused cryptocurrency that launched in March 2018. Its primary goal is to create a truly confidential digital currency without compromising on usability. All transactions on Beam are private by default, and no identity-related information or addresses are recorded on the blockchain, making it one of the most private cryptocurrencies available.

Beam was created by a team of world-class developers who shared the vision of creating a genuinely confidential cryptocurrency. The team assembled quickly and built the first version of the Beam blockchain in just nine months. The project is entirely open-source and coded entirely from scratch, making it unique compared to other cryptocurrencies that are often hard forks or clones of existing projects.

Beam is used as a deflationary cryptocurrency with capped emission and periodic halving every four years, similar to Bitcoin. It uses a Proof-of-Work consensus algorithm called BeamHash III and is currently mined on GPUs. Beam offers several features to its users, including Atomic Swaps, Direct Payment Channels, Confidential Assets, Decentralized Apps, and Smart Contracts. Beam also offers an Atomic Swap marketplace integrated into its wallets, making it easy for users to trade Beam for other cryptocurrencies. Finally, Beam wallets have a built-in Dapp store that provides easy access for users to decentralized applications.

Although 'BEAM' was the ticker assigned at the deployment of the Beam Token's smart contract, it is already in use by another asset that has a larger market presence and higher trading volume on major exchanges. Due to this pre-existing association and to avoid confusion in the marketplace, the alternative ticker 'BEAMMW' has been adopted for this token. This designation is specifically used to ensure that assets are distinctly identified.