[ANN] BEAM | Mimblewimble | Private | Scalable | No ICO | No Pre Mine

[Saverenergy]

It seemed to be bad for them to be listed in Binance.

Everything was going well before they joined Binance. But Binance really didn't help them.

I don't think a cryptocurrency should ever get into exchanges like Binance before it gets strong enough and creates its own whales.

If not, the result can be bad.

I do not think that the price of Beam slipped due to listing on Binance. It just so happened, now there is a global correction of the entire crypto market. Accordingly, local corrections cannot be avoided, but as a rule they are followed by a rise.

[BeamPrivacy]

Fantastic week for Team Beam with the release of the community-made BeamPay, a payment processor for Beam. beamprivacy.substack.com/p/beam-2019-week-44-beampay

[Guy Corem]

Lelantus-MW the symbiosis, presentation from ZKProof Community Event, Amsterdam'19 by Vladislav Gelfer (pptx, hosted)

Slides: https://docs.google.com/presentation/d/1t3RkaAyhsd_Y9NNheFzB8VAXzQ3hSq27dkBsm0M2i5w/present
pptx: https://docs.beam.mw/Team/2019-10-28+Amsterdam.pptx

[tbct_mt2]

Fantastic week for Team Beam with the release of the community-made BeamPay, a payment processor for Beam. beamprivacy.substack.com/p/beam-2019-week-44-beampay

The release of community-made application, namely BeamPay, that published as news 2 days ago, is just one of reasons for the recent explosion of BEAM. There are other reasons as I knew, from the new upwards trend of Mimblewimble coins (Grincoin and BEAM are best presentatives, shit forked coins excluded) to general rallies of altcoins.

Due to recent serious correction, I expect BEAM will bounce back strongly from its temp price.

[d-angel2001]

Hi there,
I'm newly interested into BEAM. I would like to know if BEAM validator nodes are also rewarded or are they running rewardless? Is there a colleteral invest required? Thanks in advice

[rentahash]

BEAM is my leading mining coin since start in Jan 2019!

First block halving is precisely one year after, mine this coin while you can and hold, prepare for Jan 2020!

I will just add some thoughts why this coin must pass at least $10 price level:

1. Superb privacy, finally we have PoW bloated free true anonymous blockchain - solving Satoshi's addressed concerns in his white-paper
2. Wallet with atomic swap, all private coins must have an option not to go over centralized exchanges, beam offer this natively without 3rd party or middleman
3. Offline payments, receiver doesn't need to keep wallet online in the moment of the transaction
4. Tokenization platform, imagine the possibility to exchange ownership of any digital asset in truly private manner
5. Excellence dev team, one of the most efficient if not the most efficient dev team in the space
6. Foundation backed by treasury, steered by credible people from community
...

[Saverenergy]

BEAM is my leading mining coin since start in Jan 2019!

First block halving is precisely one year after, mine this coin while you can and hold, prepare for Jan 2020!

I will just add some thoughts why this coin must pass at least $10 price level:

1. Superb privacy, finally we have PoW bloated free true anonymous blockchain - solving Satoshi's addressed concerns in his white-paper
2. Wallet with atomic swap, all private coins must have an option not to go over centralized exchanges, beam offer this natively without 3rd party or middleman
3. Offline payments, receiver doesn't need to keep wallet online in the moment of the transaction
4. Tokenization platform, imagine the possibility to exchange ownership of any digital asset in truly private manner
5. Excellence dev team, one of the most efficient if not the most efficient dev team in the space
6. Foundation backed by treasury, steered by credible people from community
...

All these your calculations and assumptions are possible only in the bull market and the price of bitcoin is more than $ 20,000. In a falling market, even halving will not have a positive effect. But I still mining Beam and wait for the bull rally.

[chem96]

BEAM is my leading mining coin since start in Jan 2019!

First block halving is precisely one year after, mine this coin while you can and hold, prepare for Jan 2020!

I will just add some thoughts why this coin must pass at least $10 price level:

1. Superb privacy, finally we have PoW bloated free true anonymous blockchain - solving Satoshi's addressed concerns in his white-paper
2. Wallet with atomic swap, all private coins must have an option not to go over centralized exchanges, beam offer this natively without 3rd party or middleman
3. Offline payments, receiver doesn't need to keep wallet online in the moment of the transaction
4. Tokenization platform, imagine the possibility to exchange ownership of any digital asset in truly private manner
5. Excellence dev team, one of the most efficient if not the most efficient dev team in the space
6. Foundation backed by treasury, steered by credible people from community
...

Nice summary Rentahash!
I'm also in since day 1 and confident with the future.

For me the wallet with atomic swap will be a breakthrough functionality

[BeamPrivacy]

Atomic Swap on testnet? Yes, Sir!
The latest Beam weekly update is here! Cheers! https://beamprivacy.substack.com/p/beam-2019-week-45-swap-me-if-you

[Saverenergy]

BEAM is my leading mining coin since start in Jan 2019!

First block halving is precisely one year after, mine this coin while you can and hold, prepare for Jan 2020!

I will just add some thoughts why this coin must pass at least $10 price level:

1. Superb privacy, finally we have PoW bloated free true anonymous blockchain - solving Satoshi's addressed concerns in his white-paper
2. Wallet with atomic swap, all private coins must have an option not to go over centralized exchanges, beam offer this natively without 3rd party or middleman
3. Offline payments, receiver doesn't need to keep wallet online in the moment of the transaction
4. Tokenization platform, imagine the possibility to exchange ownership of any digital asset in truly private manner
5. Excellence dev team, one of the most efficient if not the most efficient dev team in the space
6. Foundation backed by treasury, steered by credible people from community
...

Nice summary Rentahash!
I'm also in since day 1 and confident with the future.

For me the wallet with atomic swap will be a breakthrough functionality

Unfortunately, now you won’t surprise anyone with an atomic swap. This is not so important for the development of the project and the formation of the value of BEAM coins.

[rentahash]

BEAM is my leading mining coin since start in Jan 2019!

First block halving is precisely one year after, mine this coin while you can and hold, prepare for Jan 2020!

I will just add some thoughts why this coin must pass at least $10 price level:

1. Superb privacy, finally we have PoW bloated free true anonymous blockchain - solving Satoshi's addressed concerns in his white-paper
2. Wallet with atomic swap, all private coins must have an option not to go over centralized exchanges, beam offer this natively without 3rd party or middleman
3. Offline payments, receiver doesn't need to keep wallet online in the moment of the transaction
4. Tokenization platform, imagine the possibility to exchange ownership of any digital asset in truly private manner
5. Excellence dev team, one of the most efficient if not the most efficient dev team in the space
6. Foundation backed by treasury, steered by credible people from community
...

Nice summary Rentahash!
I'm also in since day 1 and confident with the future.

For me the wallet with atomic swap will be a breakthrough functionality

Unfortunately, now you won’t surprise anyone with an atomic swap. This is not so important for the development of the project and the formation of the value of BEAM coins.

I disagree with you, please compare or name any PoW "privacy" coin which has atomic swap natively from its wallet and explain, if exists, how that didn't help with creating its value? 

Thnx in advance.

[BeamPrivacy]

Great week, great achievements, great team! https://beamprivacy.substack.com/p/beam-2019-week-46

[tempus]

Any comment on this?


Breaking Mimblewimble’s Privacy Model

TL;DR: Mimblewimble’s privacy is fundamentally flawed. Using only $60/week of AWS spend, I was able to uncover the exact addresses of senders and recipients for 96% Grin transactions in real time.
The problem is inherent to Mimblewimble, and I don’t believe there’s a way to fix it. This means Mimblewimble should no longer be considered a viable alternative to Zcash or Monero when it comes to privacy.
https://medium.com/dragonfly-research/breaking-mimblewimble-privacy-model-84bcd67bfe52

[Guy Corem]

Any comment on this?


Breaking Mimblewimble’s Privacy Model

TL;DR: Mimblewimble’s privacy is fundamentally flawed. Using only $60/week of AWS spend, I was able to uncover the exact addresses of senders and recipients for 96% Grin transactions in real time.
The problem is inherent to Mimblewimble, and I don’t believe there’s a way to fix it. This means Mimblewimble should no longer be considered a viable alternative to Zcash or Monero when it comes to privacy.
https://medium.com/dragonfly-research/breaking-mimblewimble-privacy-model-84bcd67bfe52

Read the following thread: https://twitter.com/vcorem/status/1196445021664403457

[Hueristic]

Looks like mimblewimble is broken, 96% of transactions traceable in first chain test.

[gembira]

BEAM is my leading mining coin since start in Jan 2019!

First block halving is precisely one year after, mine this coin while you can and hold, prepare for Jan 2020!

I will just add some thoughts why this coin must pass at least $10 price level:

1. Superb privacy, finally we have PoW bloated free true anonymous blockchain - solving Satoshi's addressed concerns in his white-paper
2. Wallet with atomic swap, all private coins must have an option not to go over centralized exchanges, beam offer this natively without 3rd party or middleman
3. Offline payments, receiver doesn't need to keep wallet online in the moment of the transaction
4. Tokenization platform, imagine the possibility to exchange ownership of any digital asset in truly private manner
5. Excellence dev team, one of the most efficient if not the most efficient dev team in the space
6. Foundation backed by treasury, steered by credible people from community
...

Right now only 45 mln out of 252 mln coins in circulating. So just 20% in circulating and 80% will be minted. And you predict 10$ per coin... this is just your wishes 

[chem96]

BEAM is my leading mining coin since start in Jan 2019!

First block halving is precisely one year after, mine this coin while you can and hold, prepare for Jan 2020!

I will just add some thoughts why this coin must pass at least $10 price level:

1. Superb privacy, finally we have PoW bloated free true anonymous blockchain - solving Satoshi's addressed concerns in his white-paper
2. Wallet with atomic swap, all private coins must have an option not to go over centralized exchanges, beam offer this natively without 3rd party or middleman
3. Offline payments, receiver doesn't need to keep wallet online in the moment of the transaction
4. Tokenization platform, imagine the possibility to exchange ownership of any digital asset in truly private manner
5. Excellence dev team, one of the most efficient if not the most efficient dev team in the space
6. Foundation backed by treasury, steered by credible people from community
...

Right now only 45 mln out of 252 mln coins in circulating. So just 20% in circulating and 80% will be minted. And you predict 10$ per coin... this is just your wishes 

Back in 2011 20% of the Bitcoin was minted. the price was between 1$ and 10$.... guess what....

[crairezx20]

Who use beam wallet for android?
I just want to ask if you can recover your wallet from the desktop wallet and import it to the android wallet?
Does the android wallet need to fully sync?

I have a backup seed generated from my old PC the reason why I like to recover it to the Android wallet because my PC is stuck in windows and I would like to withdraw my remaining balance from leafpool.

[BeamPrivacy]

Our comments on recent Mimblewimble Privacy attack and why it won’t work with Beam http://medium.com/beam-mw/will-breaking-mimblewimbles-privacy-model-work-on-beam-9125bc2ee863…

[RivAngE]

Our comments on recent Mimblewimble Privacy attack and why it won’t work with Beam http://medium.com/beam-mw/will-breaking-mimblewimbles-privacy-model-work-on-beam-9125bc2ee863…

I don't know if this should be called an "attack", since it doesn't harm anyone directly. It is however a possible "privacy hole", one that would be hard to actually achieve but sounds possible in theory.
Nice idea of putting 0 value dummies though, I don't know why GRIN didn't implement it.

I guess it has the downside of increasing the blockchain's size, maybe that's why GRIN didn't like it? In any case it's good to have some separations between the two projects.