About BEAM
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Frequently Asked Questions
What Is Beam (BEAM)?
Read MoreBEAM is a confidential decentralized finance (DeFi) platform that runs on a combination of two blockchain protocols (LelantusMW and Mimblewimble).
In the early years of the industry, transactions with public-blockchain cryptocurrencies like Bitcoin (BTC) were thought to be untraceable. With developments in blockchain analysis, it became clear that transactions can actually be traced back to the senders, posing a great threat to users' privacy.
To solve this issue, BEAM came up with innovative ways of increasing the anonymity of transactions, address balances and user identities.
Beam runs on the Mimblewimble protocol and was launched in March 2018.
Who Are the Founders of BEAM?
Read MoreSome of the leading team members of Beam include Alexander Zaidelson, Alex Romanov and Amir Aaronson.
Alexander Zaidelson is the project’s CEO. He started his career as a software developer and is an advisor to several startup projects. He has also founded a P2P file-sharing company Nareos.
Alex Romanov, the CTO, has worked with large teams on several complex projects.
Besides working on Beam, Amir Aaronson, the COO, has co-founded several technological companies.
What Makes Beam Unique?
Read MoreBeam allows financial counterparties to make safe, stable and reliable transactions. This helps eliminate the problem of user data mismanagement, keeping the system cleaner and more secure. Beam’s blockchain was built on the C++ programming language from scratch.
User addresses are kept confidential at all times and are never disclosed to any third parties. Users have total access and control over their privacy, deciding who can access their information and what they are allowed to see.
Beam supports custom transactions of different types, such as escrow, atomic swaps and time-locked ones.
How Many Beam (BEAM) Coins Are There in Circulation?
Read MoreBeam has a maximum supply of 262,800,000 tokens, of which 81,970,000 are in circulation as of February 2021.
How Is the Beam Network Secured?
Read MoreBeam uses the Equihash proof-of-work algorithm which was chosen for its capacity to handle large amounts of data.
Where Can You Buy BEAM?
What is the all-time high price of Beam (BEAM)?
Read MoreThe all-time high of BEAM was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Beam (BEAM) is 0. The current price of BEAM is down 0% from its all-time high.
How much Beam (BEAM) is there in circulation?
Read MoreAs of
, there is currently 150.75M BEAM in circulation. BEAM has a maximum supply of 262.80M. What is the market cap of Beam (BEAM)?
Read MoreThe current market cap of BEAM is 9.11M. It is calculated by multiplying the current supply of BEAM by its real-time market price of 0.060447490018.
What is the all-time low price of Beam (BEAM)?
Read MoreThe all-time low of BEAM was 0
, from which the coin is now up 0%. The all-time low price of Beam (BEAM) is 0. The current price of BEAM is up 0% from its all-time low. Is Beam (BEAM) a good investment?
Read MoreBeam (BEAM) has a market capitalization of $9.11M and is ranked #1369 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Beam (BEAM) price trends and patterns to find the best time to purchase BEAM.