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Rank #460
8,497 people like this
beam  (BEAM)

BEAM (BEAM)

$0.543050 5.7%
0.00001391 BTC 2.4%
8,497 people like this
$0.510375
24H Range
$0.558726
Market Cap $50,853,480
24 Hour Trading Vol $5,897,187
Circulating Supply 93,643,320
Total Supply 262,800,000
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BEAM (BEAM) Price Chart

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1h
24h
7d
14d
30d
1y
-0.2%
5.7%
15.3%
42.9%
30.7%
33.9%
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BEAM Price and Market Stats

BEAM Price $0.543055
Market Cap $50,908,514
Market Cap Dominance 0.00%
Trading Volume $5,897,877
Volume / Market Cap 0.1161
24h Low / 24h High $0.510375 / $0.558726
7d Low / 7d High $0.474210 / $0.573535
Market Cap Rank #460
All-Time High $10.03 -94.6%
Jan 04, 2019 (over 2 years)
All-Time Low $0.155794 248.6%
Mar 13, 2020 (over 1 year)

BEAM Coin Price & Market Data

BEAM price today is $0.543050 with a 24-hour trading volume of $5,897,187. BEAM price is up 5.7% in the last 24 hours. It has a circulating supply of 94 Million BEAM coins and a total supply of 263 Million. If you are looking to buy or sell BEAM, Binance is currently the most active exchange.

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.

BEAM News & Guides

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