BEAM

BEAM Price

What is BEAM about?

Beam Mimblewimble is a scalable, fungible, and confidential cryptocurrency based on the Mimblewimble implementation.

What makes BEAM unique?

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 for online and offline transactions, atomic swap, and hardware wallets integration.

What's the history of BEAM?

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 transactions using a secure channel, either online or offline. Both wallets participate in signing the transaction using the Schnorr protocol. The wallet sends the transaction to a 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 a non-interactive zero-knowledge range proof to verify that the output transaction value is positive. The 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 the 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. The 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.

What's next for BEAM?

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 can you buy BEAM?

BEAM tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade BEAM is MEXC, where the most active trading pair BEAM/USDT has a trading volume of $69,294.22 in the last 24 hours. Other popular options include Uniswap V4 (Ethereum) and Uniswap V2 (Ethereum).

What is the daily trading volume of BEAM (BEAM)?

The trading volume of BEAM (BEAM) is $76,648.03 in the last 24 hours, representing a 4.10% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for BEAM (BEAM)?

BEAM (BEAM) reached an all-time high of $4.28 and an all-time low of $0.004906. It’s now trading -99.80% below that peak and 70.40% above its lowest price.

What is the market cap of BEAM (BEAM)?

Market capitalization of BEAM (BEAM) is $1,685,750 and is ranked #2536 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of BEAM tokens (200 Million tokens are tradable on the market today).

What is the fully diluted valuation of BEAM (BEAM)?

The fully diluted valuation (FDV) of BEAM (BEAM) is $2,198,112. This is a statistical representation of the maximum market cap, assuming the maximum number of 260 Million BEAM tokens are in circulation today. Depending on how the emission schedule of BEAM tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of BEAM compare against its peers?

With a price decline of -32.20% in the last 7 days, BEAM (BEAM) is underperforming the global cryptocurrency market which is down -2.80%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are down -3.20%.

How to add BEAM (BEAM) to MetaMask?

Adding BEAM (BEAM) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import BEAM as a token. You can copy BEAM’s contract address (0xe5acbb03d73267c03349c76ead672ee4d941f499) and import it manually, or if you've installed MetaMask's chrome extension, add BEAM to MetaMask with one click on CoinGecko.

Add BEAM to MetaMask.