what is beam

in #crypto6 years ago (edited)

WHAT IS BEAM:

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Beam is an incorruptable blockchain system such as bitcoin, it's the next generation of scalable cryptocurrency it is build on Mimblewimble protocol

WHAT IS MIMBLEWIMBLE PROTOCOL.

Mimblewimble is a protocol that was put forward by an anonymous user in a bitcoin chat room
Mimblewimble itself is the name of a spell used to tongue-tie victims in Harry Potter.
Mimblewimble protocol confidential transactions allow senders to encrypt the number of Bitcoins they want to send.

USEFULNESS OF BEAM

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It allow user too have total control over its private and all the user personal data according too it's law

It doesn't have penalty and is transaction is confidential

It does not store your information on the blockchain whatsoever transaction

It support many transaction types

UNDER THE HOOD

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Downloads beam Testnet

Watch this video too know more about beam

https://

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Great post my friend. You explained all things very well.

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