Beam 2021 Week #30

Published on: 27.07.2021
Beam 2021 Week #30

Beam introduced Recap of Week #30, covering July 19th – July 25th 2021.

Best-in-class

Beam, from the get go, had its roots firm with the focus that the new financial system and web3 needed strong privacy in order to succeed as intended. Empowering users to take back control of their finances, without the same prying eyes we see in web2 monetising and capitalising our data, often without our knowledge.

So time for a quick recap on some of the key privacy components that make Beam Best-In-Class!

  • Mimblewimble
    Blockchain protocol containing only UTXOs. Hiding the sender, receiver, and amount transacted between wallets.
  • LelantusMW
    A privacy powerhouse, with the shielded pool protecting against flashlight attacks with an anon set of 64k(!!!).
  • Dandelion
    Obfuscate the transaction’s origin, nodes send the transaction on several hops, before it is randomly broadcast to the wider network.

Beam continues to bring the best-in-class privacy to users throughout the globe. Read more on why its a cause worth fighting for in:

Dare Not to Care — Your Financial Data Exposed with each Transaction

Research, Development, Product

Beam Dapp Store coming in hot with the DAO Core app live in the wallet ready for launch date (TBA). The last pieces of the puzzle are being put together to bring an unparalleled staking experience, right from the comfort of the Beam wallet. If you haven’t already, jump in the wallet, and check it out!

We have done some reshuffling and merged some of the groups on Telegram in order to consolidate coms, and make it easier for everyone to know what’s happening in the Beam ecosystem!

@BeamSupport – General support, wallets, Dapps etc.

@beamdevsupport – Development specific for those building on or with Beam

A big shoutout to Zachary from the Beam community, who building beam shaders into usable wasm through rust!! 😎

Beam Accepted Here

You may recall a while back, they provided free advertising banners in this weekly newsletter for merchants who accept Beam in their online stores. they we felt that it was time to rejuvenate this, as a thank you to all those amazing web stores who utilise BeamPay or by accepting Beam in the integrated payment processor via Coinpayments.net.

With around 4000 subscribers to this email, which lands weekly on in the inboxes of those subscribers, there is no better place to target your products, than directly to the Beam community.

What is Beam?

Beam is Confidential DeFi Platform and Cryptocurrency.

📰 INFO:

https://beamprivacy.substack.com/p/beam-2021-week-30-the-best-of-privacy

Market Stats:
BTC Dominance: 56.5%(-0.37%/24h)
ETH Dominance: 11.93%(+0.03%/24h)
Defi Market Cap: $109.56B(-37.43%/24h)
Total Market Cap: $3314.6B(+1.04%/24h)
Total Trading Volume 24h: $71.63B(-48.69%/24h)
ETH Market Cap: $395.35B
Defi to ETH Ratio: 27.71%
Defi Dominance: 3.17%
Altcoin Market Cap: $1442.01B
Altcoin Volume 24h: $53.63B
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Active Cryptocurrencies: 10606
Active Market Pairs: 96899
Active Exchanges: 779
Total Exchanges: 9871
BTC: 94524.61$(-0.06%/1H)
ETH: 3280.78$(-0.08%/1H)
AVAX: 37.05$(-0.15%/1H)
BNB: 695.16$(-0.07%/1H)
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ADA: 1.02$(0.13%/1H)
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ONE: 0.02$(0.02%/1H)