BEAM is coming to ChainRift

ChainRift
ChainRift
Jan 7 · 2 min read

What is BEAM?

BEAM is the first cryptocurrency to implement the Mimblewimble protocol. The key value proposition behind BEAM is to offer a confidential & scalable store of value with opt-in auditability.

Key features:

  • Full control over privacy: The user decides which information will be available and to which parties.
  • Confidentiality without a scalability trade-off: Confidential transactions conceal transaction value and sender/receiver information without bloating the blockchain through use of the “cut-through” feature of Mimblewimble*.
  • No ICO. No premine.
  • Deflationary monetary policy: ~263 million coins to be issued total with periodic halfing.
  • Leverages Dandelion++ to further improve confidentiality in the P2P layer.

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ChainRift

ChainRift

ChainRift

A marketplace for digital currencies. Visit https://www.chainrift.com/