Rank #1735
beam BEAM
$ 0.05844
0.00%
0.066292 BTC
62 satoshies0.00%
Market Cap
10,16 MLN. $
24 Hour Trading Vol
128,296.5467 $
Circulating Supply
173,98 MLN.
Total Supply
262,80 MLN.
Max Supply
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Fully Diluted Valuation
15,29 MLN. $
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About Coin
Beam Mimblewimble is a scalable, fungible, and confidential cryptocurrency based on the Mimblewimble implementation.
WHY BEAM?
Core features include complete control over your privacy, All transactions are private by default, No addresses or other private information are stored on the blockchain, Superior scalability due to compact blockchain size, Opt-in Auditability, Support online and offline transactions, atomic swap, hardware wallets integration.
Governance model
No premine, No ICO. Backed by Treasury
Establishing a non-profit foundation to govern the protocol after Mainnet launch
How does it work?
Wallets’ owners create new transaction using secure channel either online or offline
Both wallets participate in signing the transaction using Schnorr protocol
Wallet sends transaction to node
Each transaction contains a list of Inputs and Outputs represented by Pedersen Commitments, as well as explicit fees and kernels. Each transaction also contains non-interactive zero knowledge range proof to verify that the output transaction value is positive
Transaction is verified by the node
Each transaction is verified with respect to the recent blockchain state which is stored as a Merkle Tree. The root hash of the tree is recorded in block header along with a proof of work. In addition, each node periodically creates compacted history to allow ‘fast sync’ of new and existing nodes.
Transaction is added to the mining pool
A block is mined every minute and is sent back to the node for verification and distribution.
Mined blocks containing the new transactions are sent to the known peers
A valid block that is extending the longest chain is accepted as a new Tip and propagated further until full consensus is reached.
Fast sync
When a new node connects to the network for the first time it can request compacted history containing only system state and blockchain headers. There is no need to retrieve the entire transaction history.
Where is BEAM available for purchase?
You can exchange BEAM tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading BEAM is MEXC, notably the BEAM/USDT pair, which saw a trading volume of $ 77,934 in the past day. Additionally, Gate.io and CoinEx are popular alternatives for trading tokens.
What is the highest value BEAM (BEAM) has ever reached?
BEAM (BEAM) reached its peak price at 4.28 $ on 05 January 2019, approximately 6 years ago ago. Presently, the current price is -98.63% lower than this all-time high.
What is the historical minimum price for BEAM (BEAM)?
The minimum price reached for BEAM (BEAM) was 0.02512 $, documented on 27 September 2023, more than a year ago. In comparison, the current price is 132.62%, it above this historical low.
What is the fully diluted valuation of BEAM (BEAM)?
The fully diluted valuation (FDV) of BEAM (BEAM) stands at $ 15,29 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of BEAM tokens. The realization of this FDV might take several years depending on the emission schedule of BEAM tokens.
How to add BEAM (BEAM) to MetaMask?
By integrating BEAM (BEAM) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import BEAM as a token. You can either manually import BEAM by copying its contract address (0xe5acbb03d73267c03349c76ead672ee4d941f499) or use MetaMask's Chrome extension to add BEAM with a single click through Pirate.Place.
How to add BEAM (BEAM) to TrustWallet?
Incorporating BEAM (BEAM) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include BEAM, you can either manually import it using the contract address (0xe5acbb03d73267c03349c76ead672ee4d941f499) or conveniently add it to Trust Wallet with just one click via Pirate.Place if you've installed Trust Wallet's Chrome extension.
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