BEAM, a new Mimblewimble-based Privacy Coin with full confidentiality, scalability and fungibility. It complete controls over your privacy, all transactions are private by default, no addresses or other private information are stored on the blockchain, superior scalability due to compact blockchain size, opt-in auditability, confidential assets, support online and offline transactions, atomic swap, hardware wallets integration.
BEAM has no premine, no ICO, it is backed by treasury. The max supply is about 262.8 million. During the first year of Beam existence, miner reward will be 80 coins per block. In years 2-5 the reward will be 40 coins per block. In year 6 the reward will be to 25 coins, and then halving will occur every 4 years until year 129. After year 133, Beam emission will stop.
In the first five years of existence, additional coins will be issued to Beam Treasury with each newly mined Beam block. In the first year, the Treasury will receive additional 20 Beams per block, and in the years 2-5 the Treasury will receive 10 coins per block. The Treasury will be used to repay Beam investors, Incentivize the Core Team and to support the Beam Foundation (largest single beneficiary of the Treasury).
English Name: BEAM
Max Supply: 262,800,000
Encryption Algorithm: Equihash
Consensus Method: PoW
Official Website: https://www.beam.mw