BEAM is based on Mimblewimble – an elegant protocol released by an anonymous developer in 2016.
Named after a tongue-tying spell from the Harry Potter saga, Mimblewimble uses Pedersen Commitment scheme for full anonymity and zero-knowledge range proofs to ensure validity of transaction amounts.
To enhance privacy and reduce the blockchain size, Mimblewimble merges all intermediate outputs within a single block and across multiple blocks, thus only storing the current UTXO state and making the blockchain size an order of magnitude smaller than in other leading currencies.
BEAM team implemented Mimblewimble from scratch using C++. BEAM blocks are mined using memory-hard Equihash Proof-of-Work algorithm. The block time is 1 minute on taver- age.
Company Details
- Employees
- 20
- Founded
- -
- Address
- Menahem Begin, 121,suite 58/21,israel
- Industry
- It Services And It Consulting
- NAICS
-
Computer Systems Design and Related ServicesOther Computer Related Services
- Website
- https://www.beam.mw
- HQ
- Tel Aviv, Center
Beam Questions
Beam's website is https://www.beam.mw
Beam's LinkedIn profile is https://il.linkedin.com/company/beammw
Beam has
20 employees.
View email and phone details for 20
employees at Beam.
Beam's industry is
IT Services and IT Consulting
Beam's top competitors are
Multiversx Labs,
Wanchain,
Blockchain Game Alliance,
Gxchain,
Beam,
Daglabs,
Alsomine,
Kaspa Currency,
Oasis,
Raven Protocol.
Beam's categories are IT Services and IT Consulting
Beam's founding year is 2017
