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What is BEAM coin

In 2027, the price of this Ethereum-based altcoin may reach a low of $0.0199, with a high of $0.0676, and an average price of $0.0437. However, this cryptocurrency may record a low of $0.0138 during the year. Thus, the average price of Beam for 2025 could potentially land at around $0.0275. The year could conclude on a bullish note if the team behind the project continues building a strong community. Under such a situation, the Beam price might record a high of $0.0310.

Who are the founders of Beam?

What is BEAM coin

This choice is strategic, as Equihash is designed to be ASIC-resistant, promoting greater decentralization of the mining process. By doing so, it ensures that no single entity can gain a majority control of the network’s hash rate, which is crucial for maintaining the network’s security and integrity. As for its tokenomics, Beam has a maximum supply of 262,800,000 tokens, with 81,970,000 tokens in circulation as of February 2021.

  • These can later be used as proof of ownership when it is time to spend the coins.
  • Alex has worked on many complex projects with large distributed teams.
  • Transactions are routed through Dandelion++ and merged in the stem phase on Layer 0, ensuring all transactions are private by default.
  • Dive into the world of Beam mining and learn how to contribute to the network’s security and growth with our step-by-step guide.
  • Explore 4 best ways to cash out your crypto assets in our all-in-one article.

Confidential Assets and BeamX

These tools include APIs and SDKs, facilitating the integration of blockchain technology into games. This integration aims to enhance the gaming experience by enabling new forms of in-game economies and player interactions. BEAM price is $0.03532, up 1.86% in the last 24 hours, and the live market cap is $5,233,761. It has circulating What is BEAM coin supply of 148,152,520 BEAM coins and a max supply of 262,800,000 BEAM alongside $54, h trading volume. Beam, a cryptocurrency launched in 2019, is built on the MimbleWimble protocol, emphasizing privacy and scalability in transactions. It was designed to offer a confidential yet decentralized option for everyday financial activities.

BEAM Exchanges »

What is BEAM coin

These include things like Atomic Swap, Touch ID / Face ID payment proof and share transaction details. Once you have your BEAM, you are going to want to take it offline and store it in a wallet. Unfortunately, you are quite limited as to the wallet support for the coin currently. Having said that, integrations are being worked on and Trezor support is around the corner.

What is BEAM coin

Beam Cryptocurrency Forecast 2026

  • It is also presumed that this method gives an improved hashrate and cryptographic wall.
  • This team includes Alexander Zaidelson, Alex Romanov, Aleksei Liutykh, Vadym Ovcharenko, Andy Bromberg, Ian Wisbey, Miranda Cole, Marco Van Den Heuvel, Guy Corem, Bo Dong, Jose Dias, and Natallia Catarina.
  • Additionally, Mimblewimble utilizes Confidential Transactions which hide the amount of coins being transferred.
  • There is a dedicated tab on the project website that lists Beam key features.
  • Not only will this reduce bloat it will also reduce computational overhead demands, thus improving network scalability.
  • Beam’s current circulating supply is 49.47B BEAM out of max supply of 62.43B BEAM.

The Beam Foundation is actively seeking development partners, and has also sought out venture capital firms willing to make investments into the project. More recently, the Foundation has established the Beam Sovereign Money Foundation, which helps promote and fund the development of Beam. This is achieved by using blinding factors to encrypt the transaction amounts. The blinding works by assigning a random value and multiplying the actual transaction amount by this random value.

BEAM Price Chart US Dollar (BEAM/USD)

What is BEAM coin


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