BEAM Price, Chart, Market Cap, BEAM Coin Essentials
Looking forward to 2028, BEAM price may reach a low of $0.0256, with a high of $0.0871, and an average price of $0.0513. The price forecast of Beam crypto for 2026 could range between $0.0171 and $0.0520, with an average of around $0.0345. With a high possibility of a bullish 2025, the Beam coin could record a significant uptrend in its respective valuation.
How Many BEAM Coins Are There in Circulation?
This feature will allow for the creation of new digital asset types, such as debt instruments, real estate assets, new currencies, all of which can easily be exchanged privately on the Beam platform. Further enhancing privacy and security, Beam integrates the LelantusMW protocol. This addition allows for an even higher degree of anonymity by enabling users to break the link between their transaction’s history. It’s a significant step forward in ensuring user transactions remain private and secure, safeguarding against potential privacy vulnerabilities.
Track Beam Price Today, Live BEAM Price Chart & Market Cap
This privacy-centric approach is complemented by a proof-of-work consensus mechanism, utilizing the Equihash algorithm to maintain network integrity and security. Beam is a cryptocurrency that emphasizes privacy, leveraging the Mimblewimble protocol to ensure transactions remain confidential. Launched in March 2018, it aims to address privacy concerns in the digital finance space by offering a platform where transactions, user identities, and account balances are protected. BEAM is a privacy-focused cryptocurrency that uses the Mimblewimble protocol to ensure transactions are completely private and untraceable. It was created in 2018 by Alexander Zaidelson, CEO of Beam Development Ltd.
- Moreover, this ecosystem has created a friendly environment for gamers and developers to shape the gaming infrastructure together.
- Atleta Network is a project that combines world of crypto and world of sport to make it more efficient and trustworthy.
- As of Sep 02, BEAM has a market capitalization of $5.2 Million and is ranked #1007 among all cryptocurrencies.
- As of today, BEAM tokens are traded only on the second version of Uniswap decentralized exchanges and can be bought only with ETH coins.
- As with any cryptocurrency, potential users and investors are advised to conduct thorough research before engaging with the platform.
- Lastly, Beam’s integration of DeFi, NFTs, and DEX into its platform represents a strategic expansion into key areas of the crypto space.
- On the website, you can find early articles about cryptocurrency mining, blockchain in general and mining pool operation principles.
What Is Beam? (Beam)?
Both Grin and BEAM are open-source protocols, which launched their mainnets over the last several weeks, with BEAM going live at the beginning of January. The Mimblewimble blockchain protocol has been receiving significant attention recently following the launch of its first two full implementations — Grin and BEAM. We already have an overview of Grin and Mimblewimble available, so it is prudent also to evaluate BEAM What is BEAM coin and identify how it differentiates from its cousin Mimblewimble crypto — Grin. A high market capitalization implies that the asset is highly valued by the market. Beam also offers Atomic Swap functionality, allowing peer-to-peer trading of Beam with Bitcoin, Ethereum, Litecoin, and DOGE. This decentralized method cuts out exchanges or third-party intermediaries, boosting decentralization and censorship resistance.
- One standout is the PLYR Gaming Blockchain, which uses Avalanche Subnet tech to create a cross-chain gaming world.
- A high market capitalization implies that the asset is highly valued by the market.
- One of the goals of the team is to decentralize the Beam network right from the start, and to this end they are discouraging ASIC mining for the first 18 months, and encouraging GPU mining.
- Since launch, it has garnered a great deal of attention from the markets.
- You can also find this privacy protection implemented in such blockchains as ZCoin, where it is used to lower the probability that personal data can be linked to addresses and transactions.
- After just one week the Litecoin creator admitted its potential even compared to Bitcoin.
- The live Beam price today is $0.01 with a 24-hour trading volume of $30.59M.
- But it appears that traders are looking elsewhere as the launchpad’s stats have begun to tail off.
- Coin supports privacy transactions, meaning coin transfers can be hidden from the public.
- The blinding works by assigning a random value and multiplying the actual transaction amount by this random value.
- Fwog (FWOG) is up 34.6% over the past 7 days, while Reddit-themed dog coin r/snoofi (R/SNOOFI) is up 42%.
- This helps eliminate the problem of user data mismanagement, keeping the system cleaner and more secure.