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Beam Crypto News

All the best Beam Crypto News from your friends at Cryptocurrency Posters. Every day we curate our top articles covering everything you need to know today regarding Beam. Check out the feed below or jump to our Beam FAQ:

  • Beam 2020 Week #30 - Beam ❤️'s Privacy
    by /u/BeamPrivacy on July 27, 2020 at 10:41 pm

    submitted by /u/BeamPrivacy [link] [comments]

  • Beam Confidential DeFi Platform
    by /u/BeamPrivacy on July 23, 2020 at 5:33 pm

    submitted by /u/BeamPrivacy [link] [comments]

  • Beam 2020 Week #29 - Beam4Me
    by /u/BeamPrivacy on July 20, 2020 at 8:36 pm

    submitted by /u/BeamPrivacy [link] [comments]

  • How to make 1 billion people use Beam ?
    by /u/arslankhalid1 on July 18, 2020 at 8:58 pm

    Let 1 billion people use Beam ! ​ So how can Beam make it available to 1 billion people? ​ The main problems facing Beam now: I personally, I am a fan of Beam , I have tried to find ways to use Beam more. As far as my personal daily life is concerned, where can I use digital currency, currently Both can be resolved with currency . ​ But real demand determines real value, and real value determines price. So what should we do with the road to trillions of market value of Beam ? ​ According to the theory of minimum network effects, if the first 100,000 people can use Beam , a preliminary network effect will be formed, and 1 billion people will use Beam in the future . Where are the first 100,000 people just now? Where is the real demand for digital currency? ​ I summarize in three words: Innovation, illegal, restricted . ​ Let's talk about innovation : If you want to allow traditional companies and merchants to accept digital currency, it may be more difficult to consider issues such as audience accuracy, laws, and compliance. ​ But for emerging companies, Internet companies, high-tech companies, and especially blockchain native companies, these companies should be the easiest to accept digital currencies. ​ A small win is a big win, and a small amount is a big trend. These companies are the spark of the widespread digital currency in the future. ​ Regarding illegal acts : such as drugs, gambling, etc., this is a bit awkward. It is these illegal acts that really have a strong and rigid need for digital currencies, and the anonymity of digital currencies also objectively facilitates illegal acts. ​ However, this point violates the law after all, and does not conform to the good public order and customs of the society. Therefore, we do not encourage this point, but it is also difficult to eliminate it. ​ Finally, talk about restrictions : In the current payment and settlement system with fiat currencies as the main body, many behaviors are restricted. ​ For example, P2P and equity payment acceptance payment systems are restricted. For example, some special industries need to go through many procedures to access the existing payment system. There are also restrictions on the amount of large transfers, such as the impact of exchange rates that are difficult to eliminate when cross-border payments and many more, ​ Where these fiat currency payments are restricted, it is also the main area of ​​digital currency development. ​ The goal of digital currency is not to replace or compete with fiat currencies, but to make up for the deficiencies of fiat currencies and compete with fiat currencies where they lack competitiveness, thereby bringing greater convenience to society. ​ I'm not going to lie to you and say that Beam is guaranteed to one day become the next world reserve currency. Far from it. There is still a ton of work that needs to be done in order to scale the system to serve the global economy. But I do believe that Beam has the best chance of achieving that goal.I see it as the better investment with the potential for a much higher rate of return. ​ Frankly speaking, from the perspective of business acquisition, globally, due to the efforts of many volunteers to promote, Beam has won some adoption by users , but in addition to a few countries , The overall market adoption rate of Beam is not high. I think this is mainly because the community’s publicity resources and technical resources are not invested in suitable areas. ​ Commercial adoption ​ Commercial adoption has been the focus of the Beam community's efforts to promote Beam value growth. However, compared with the energy spent, the price of Beam has not risen significantly, and the return of adoption on the chain is negative, and the promotion of adoption has not achieved obvious results. The solution is to shift the energy from advancing the adoption of businesses and enterprises to building more applications or platforms. Simply put, the focus shifts from promoting merchants to promoting users. If there are enough users, then merchants and enterprises will naturally accept Beam . If enough corporate customers use a certain currency and show willingness to purchase goods or services, then companies will naturally accept this currency as a payment method for their goods or services. ​ Moving from a merchant approach, we can start to shift our focus to building applications or platforms in a niche environment. We focus on the niche market precisely because Beam is also a niche market. Therefore, by adding the right basic application, Beam may shine in the right market. Therefore, the solution is to build applications in the smallest niche market in an environment with little competition. ​ The way forward ​ Beam has come a long way since its inception. It's been quite a journey, with the main problem being the lack of a robust application layer. Moving forward, the community should focus on smaller markets with more opportunities for Beam to shine, and we should do so as soon as possible. The new path builds the core application layer of Beam and provides an opportunity to build new network effects and bring Beam to market. We have to think really big! Help ALL the developers, so that they can scale Beam and make it ready for global companies and even countries to start using. When we can prove that we are ready for the masses, adoption will happen automatically. You can support me via: BEAM : 28f8f1735c743e4728f4f64519860753a9d435f04eef889cfc2b24a36c4a2b795a8 Bitcoin: 1PCT7QFPzX1HgkoWu5ruHHPe9aa2id7CQG submitted by /u/arslankhalid1 [link] [comments]

  • A Guide to Creating Confidential Assets on Beam
    by /u/BeamPrivacy on July 16, 2020 at 6:42 pm

    submitted by /u/BeamPrivacy [link] [comments]

  • Beam 2020 Week #28 - Lelantus MW and the anon set
    by /u/BeamPrivacy on July 13, 2020 at 8:31 pm

    submitted by /u/BeamPrivacy [link] [comments]

  • Price feeds (oracles) for Beam DeFi?
    by /u/yUnoPOLO on July 11, 2020 at 6:08 pm

    Where will Beam DeFi get price feeds for their synthetic assets? Will they use ChainLink, Band, Tellor, something else, or all of them? submitted by /u/yUnoPOLO [link] [comments]

  • @beamprivacy CTO Alex Romanov interview with Swapzone is already live Watch MarijaCarola and BeamCTO chat about confidentiality, pros and cons of #MimbleWimble, #BEAM development, future plans and much more.
    by /u/vcorem on July 11, 2020 at 5:21 am

    submitted by /u/vcorem [link] [comments]

  • Beam 2020 Week #27 - It’s Confidential Assets
    by /u/BeamPrivacy on July 6, 2020 at 8:16 pm

    submitted by /u/BeamPrivacy [link] [comments]

  • Mining Article - Beamhash III
    by /u/Mynima on July 3, 2020 at 5:14 am

    Congratulations on the recent fork folks. I write a beginners mining blog so have now covered the setup for the new algo. Feel free to take a look, feedback welcome. Alternatively, it is on my site: submitted by /u/Mynima [link] [comments]

  • Beam Hash III !Why is it the best and last algo change for beam?
    by /u/vcorem on June 30, 2020 at 3:12 am

    submitted by /u/vcorem [link] [comments]

  • How To Mine BEAM | Beamhash III UPDATE | High GPU Mining PROFITS!
    by /u/VoskCoin on June 30, 2020 at 2:45 am

    submitted by /u/VoskCoin [link] [comments]

  • Beam 2020 Week #26 - A look beyond the Fork
    by /u/BeamPrivacy on June 29, 2020 at 8:52 pm

    submitted by /u/BeamPrivacy [link] [comments]

  • Beam completes its hard fork - The Cryptonomist
    by /u/AlanOne89 on June 29, 2020 at 7:18 am

    submitted by /u/AlanOne89 [link] [comments]

  • BeamHash III - The Final Countdown
    by /u/BeamPrivacy on June 27, 2020 at 1:12 pm

    submitted by /u/BeamPrivacy [link] [comments]

  • BeamHash III - 48hrs
    by /u/BeamPrivacy on June 26, 2020 at 1:29 pm

    submitted by /u/BeamPrivacy [link] [comments]

What is Beam?

Beam is one of the newest cryptocurrencies on the market. It was launched in early 2019 and has quickly gained support as a decentralized product focused on scalable, confidential cryptocurrency. The website highlights three attractive points: “Easy to use, capped supply, no ICO.” The coin has a central focus on privacy with transactions being untraceable by default. Beam’s blockchain accomplishes this by utilizing the unique Mimblewimble elliptic-curve cryptography protocol. While also being private, this is meant to allow Beam’s blockchain to scale more efficiently than other cryptos (like Bitcoin).

Learn more on the Beam crypto website:

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