Review on Beam by RODRIGO REIS
BEAM is very interesting. Privacy and Efficiency
Beam token looks me a solid and reliable project. The token Beam is being traded in a large number of exchanges what demonstrate the importance of the project. I like Beam
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Pros
- Beam is aN open-source protocol that demonstrates an emphasis on privacy and anonymity with Mimblewimble implementation. Mimblewimble is a stripped down version of Bitcoinโs protocol designed to change the method for constructing transactions, leading to improved efficiency and privacy in the network
- BEAMโs focus is on providing a private store of value, tailored towards a user-friendly approach and a startup mindset.
- BEAM also emphasizes catering to businesses and separating the platformโs development into two avenues: BEAM Core and BEAM Compliance. BEAM Core focuses on the technical innovation of the networkโs design while BEAM Compliance targets the opt-in compliance and auditability aspects of the network
- Beam token is being traded in a large number of exchanges
- GUI wallet for users is available on MacOS, Windows, and Linux
- Beam wallet is easy to use. It works very well
Cons
- I stress the difficulty of the Beam Token making room in the market which is led by giant coins like Bitcoin, ethereum, Litecoin, Bitcoin cash etc. It has to remain firm in its purpose to develop more and more
