Sponsored Writing Contest: BEAM

in #crypto6 years ago (edited)

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Introduction

In the formation of our learning, it is necessary to be a carrier of knowledge that in the future is pro currency and one of them is to have knowledge about Beam.

What is Beam?

Is a truly anonymous store-of-value coin.

We will see how the coin Beam makes use of its most outstanding features.

Private by default:

People have absolute control of driving control of the Beam currency for a way of being used by a single person. This system helps to leave no trace.

Beam is the solution that offers true anonymity as well scalable peer-to-peer transactions.

Based on Mimblewimble:

Fastest navigation system which can display any window of a browser much faster.

What can Beam do?

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  • Help to have control of it.
  • Allows surfing quickly and efficiently.
  • Control privacy so that nobody can access it.
  • We have the types of transactions privately as it is escrow, time locked, atomic swaps, etc.

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Current Problems - Privacy?

This solution seeks to give people in the network greater privacy through transactions with multiple entries and exits, which will make it difficult to trace the addresses of users. Also, it proposes to mix all the transactions among themselves to generate greater privacy in the network.

Thanks to mimblewimble for its launch to improve the network and thus make our transactions with more tranquility, confidence and speed and have our currency Beam safe ..!

Mimblewimble leverages previous concepts such as Confidential Transactions to provide private transactions and better scalability that contrasts with previous proposals, where there is a trade-off between privacy and scalability.
the good thing about mimblewimble that supports confidential transactions.

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Beam in a Nutshell.

Beam is based on Mimblewimble and allows people to send and receive money in a safe and private way, and we can be sure of what we do, give us confidence and not worry about how to send and receive money safely, we will no longer have headaches with this proposal.

The good thing is that withBeam companies can control transparency at the corporate level while preserving the privacy of their employees and they can rest assured of what they will be able to do in their new privacy and they will have time for everything trusting in Beam.

Conclusión

Knowing a little more about Beam This allows you to verify, track, view all publications which are added by the user and thus be exposed to be seen by other unauthorized persons. Being thus violated his privacy.

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ANNEXES

For more information, here is this video.

More information and resources:

Click Here if you want to know more about the contest and how important it is..!

This script was made by @mariabarreto, for the contest @Originalworks, Sponsored by BEAM..!

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