Exchange Beam

BEAM Price Live Data

The live Beam price today is $ 0.06 usd with a 24-hour trading volume of $195 264 usd. We update our BEAM to usd price in real-time. Beam is up 4% in the last 24 hours. The current coinmarketcap ranking is #1622, with a live market cap of $10 374 380 usd. It has a circulating supply of 172 149 072 BEAM coins and the max. Supply of 262 799 997 BEAM coins.

What Is Beam (BEAM)?

Beam Mimblewimble is a versatile, fungible, and secret digital currency in light of the Mimblewimble implementation.

WHY BEAM?
Core highlights incorporate unlimited authority over your protection, All exchanges are private of course, No addresses or other private data are put away on the blockchain, Superior adaptability because of minimized blockchain size, Opt-in Auditability, Support on the web and disconnected exchanges, nuclear trade, equipment wallets integration.

Governance model
No premine, No ICO. Supported by Treasury
Establishing a non-benefit establishment to oversee the convention after Mainnet launch


How does it work?
Wallets’ proprietors make new exchange utilizing secure channel either on the web or offline
Both wallets take an interest in marking the exchange utilizing Schnorr protocol

Wallet sends exchange to node
Each exchange contains a rundown of Inputs and Outputs addressed by Pedersen Commitments, as well as express expenses and pieces. Every exchange additionally contains non-intelligent zero information range evidence to check that the result exchange esteem is positive

Transaction is confirmed by the node
Each exchange is confirmed as for the new blockchain state which is put away as a Merkle Tree. The root hash of the tree is kept in block header alongside a proof of work. Likewise, every hub occasionally makes compacted history to permit ‘fast sync’ of new and existing nodes.

Transaction is added to the mining pool
A block is mined consistently and is sent back to the hub for confirmation and distribution.

Mined blocks containing the new exchanges are shipped off the known peers
A legitimate square that is expanding the longest chain is acknowledged as another Tip and spread further until full agreement is reached.

Fast sync
When another hub associates with the organization interestingly it can demand compacted history containing just framework state and blockchain headers. There is compelling reason need to recover the whole exchange history.