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Beam

Beam offers 1) Confidentiality: all transactions are private. No information about transaction participants is stored in the blockchain 2) Versatility: “Scriptless Script” technology allows implementation of a wide variety of transaction types beyond simple transmissions of value; for example, atomic swapping, escrow, and time-locked transactions 3) Opt-in auditability: to comply with relevant regulations, a wallet can be configured to attach digitally signed documentation (eg invoices or contracts) to all transactions in a cryptographically unforgeable way. In turn, specific auditors can be granted permission to inspect the complete list of transactions along with all the attached documents 4) Confidential assets: multiple asset types (eg real estate tokens, corporate debts and simply new currencies) can be created and exchanged via BEAM confidential transactions mechanisms  5) Scalability: the “cut-through” feature of Mimblewimble helps to avoid excessive computational overhead, making the BEAM blockchain orders of magnitude smaller than any other blockchain implementation 6) Sustainability: Open source, implemented from scratch, community-governed, and backed by the Beam Growth Pool: 20% of block mining rewards goes to this pool to incentivize development and promotion of BEAM 7) An industry-proven Equihash algorithm was selected to ensure broad adoption by existing GPU miners. BEAM comes with an extensive set of tools for running and managing mining nodes 8) Usability: a wallet for desktop and mobile, designed to support day-to-day usage for both individual and small business users. The built-in dashboard makes budget management easy, featuring actionable spend and earning insights

 

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