BEAM is a private decentralized finance (DeFi) platform that uses a hybrid of two blockchain protocols to operate (LelantusMW and Mimblewimble). BEAM comes up with novel techniques to make transactions, address balances, and user identities more anonymous.
Beam enables financial counterparties to conduct transactions that are secure, stable, and dependable. This aids in the elimination of user data mismanagement, resulting in a cleaner and more secure system. Beam's blockchain was created from the ground up using the C++ programming language.
BEAM is intended to be a deflationary coin with a capped supply that will halve every four years and eventually stop emitting after 133 years. The BEAM token currently serves two purposes: it may be used as a means of trade while maintaining complete anonymity, and it can also be used as a confidential store of value.
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