Cryptocurrency Q&A
When was the Beam coin launched?
When was the Beam coin launched?
Lorenzo
Sun Sep 22 2024
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6 answers
1443
Excuse me, could you please clarify for me the exact date of the Beam coin's launch? I'm interested in understanding the historical context behind this particular cryptocurrency and how it fits into the broader timeline of the industry's development. Your insights would be greatly appreciated.
6 answers
IncheonBeautyBloomingRadiance
Tue Sep 24 2024
The choice of C++ programming language for Beam's development underscores its commitment to efficiency and security. C++ is renowned for its ability to handle complex computations with minimal resource consumption, making it a suitable choice for a cryptocurrency designed for high transaction throughput.
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charlotte_anderson_explorer
Tue Sep 24 2024
Beam's mimblewimble protocol is a significant departure from traditional blockchain architectures. It allows for greater anonymity and privacy by obscuring transaction details, making it difficult for outsiders to trace the Flow of funds.
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SakuraTide
Tue Sep 24 2024
Despite its emphasis on privacy, Beam remains a transparent and secure network. Transactions are still verifiable by network participants, ensuring that funds are not duplicated or spent twice.
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HallyuHeroLegendaryStarShine
Tue Sep 24 2024
Beam, a cryptocurrency founded by Alexander Zeidelsen in 2018, represents a unique innovation in the blockchain space. It leverages the mimblewimble protocol, an advanced cryptographic tool, to enhance privacy and scalability.
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DavidJohnson
Tue Sep 24 2024
Beam boasts impressive transaction speeds, capable of processing up to 17 transactions per minute. This is a significant improvement over traditional blockchain networks, which often struggle with scalability issues as they grow in popularity.
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