$0.010
-2.62%
$0.010
24h Range
$0.011
Market Cap
$517,263,588.5
Fully Diluted Valuation
$652,869,374.4
24 Hour Trading Vol
$15,655,861.4
Circulating Supply
49,466,004,168.0
Total Supply
62,434,008,330.0
Max Supply
∞
Beam Price
$0.010
24h Range
$0.010 - $0.011
Percent Change 1h
-0.56%
Percent Change 24h
-2.62%
Percent Change 7d
5.72%
All-time high
$0.044
All-time low
$0.004338
1D
7D
1M
1Y
All
Beam (BEAM) is a privacy-focused cryptocurrency that utilizes the Mimblewimble protocol, which is designed to enhance user anonymity and transaction confidentiality. Launched in January 2019, Beam aims to provide a secure and scalable platform for private transactions. Unlike traditional cryptocurrencies, Beam ensures that transaction amounts and sender/receiver information remain hidden from public view, making it a suitable choice for users prioritizing privacy. The Beam network employs a unique method of transaction validation that does not require revealing transaction details, thereby ensuring confidentiality while maintaining the blockchain's integrity.
Beam was co-founded by Alexander Zaidelson, who has a background in software engineering and product development, and a team of experts in cryptography, software development, and blockchain technology. The Beam team has focused on creating a user-friendly platform that integrates advanced privacy features while ensuring a seamless experience for users. The project has garnered a strong community and several contributors who continually improve the platform.
Beam operates on the Mimblewimble protocol, which allows for confidential transactions through a combination of techniques, including:
Beam also uses a proof-of-work consensus mechanism to secure its network, allowing miners to validate transactions and create new blocks. The supply of BEAM tokens is capped at 262,800,000, with a decreasing block reward over time, promoting scarcity and value retention.
Beam has several practical applications that leverage its privacy features:
To ensure the safety of your Beam (BEAM) holdings, consider the following best practices:
Investing in Beam (BEAM) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Beam: Once your account is funded, you can purchase Beam directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Beam using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Beam (BEAM) is currently trading at $0.010 and exhibits good potential for future growth. Check the latest Beam (BEAM) price prediction.
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