About Beam
Beam (BEAM) is a cryptocurrency . Users are able to generate BEAM through the process of mining. Beam has a current supply of 150,753,560. The last known price of Beam is 0.03571281 USD and is up 3.88 over the last 24 hours. It is currently trading on 39 active market(s) with $98,335.50 traded over the last 24 hours.
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Sign me upMarket Stats
Market Cap
$6.30M
FDV
$10.98M
Circ. Supply
151M BEAM
Max Supply
263M BEAM
Total Supply
151M BEAM
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$117.73K
-14.47%
Volume (7D)
$968.64K
Volume (30D)
$3.01M
All time high
$2.61
Price Change (1Y)
-13.25%
Additional details
Market details
BEAM vs markets
↘ 36.12%
BEAM vs BTC
↘ 32.24%
BEAM vs ETH
↘ 20.13%
Tags
mineable
pow
medium-of-exchange
defi
+3
Network & Addresses
Network | Address |
|---|
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0419 | ↗ 10.12% |
1 Day | $0.0373 | ↗ 10.12% |
1 Week | $0.0380 | ↗ 9.96% |
1 Month | $0.0398 | ↗ 5.00% |
1 Year | $0.0482 | ↘ 13.25% |
FAQ
Beam (BEAM) is a confidential decentralized finance (DeFi) platform that seeks to enhance user privacy in the cryptocurrency space. It operates on a combination of two blockchain protocols, LelantusMW and Mimblewimble, which aim to increase the anonymity of transactions, address balances, and user identities. Beam's blockchain was built from scratch using the C++ programming language, and it seeks to keep user addresses confidential at all times, giving users total control over their privacy. Beam has a maximum supply of 262,800,000 tokens, with 81,970,000 in circulation as of February 2021.
Beam employs the Equihash proof-of-work algorithm, chosen for its ability to handle large amounts of data. This algorithm is used to secure the Beam network and maintain its integrity. Beam also supports custom transactions of different types, such as escrow, atomic swaps, and time-locked ones. The platform uses the Mimblewimble protocol, which seeks to ensure that all transactions on the network are fully confidential. Beam's Virtual Machine enables confidential dApps using WASM execution, with Contract Shaders handling business logic and App Shaders managing presentation layers for easy wallet integration.