Published date: February 5, 2026 18:02
Beam (BEAM) is a privacy-focused cryptocurrency and blockchain platform designed to provide private and confidential transactions.
Beam is powered by the Mimblewimble protocol, a blockchain technology focused on enhancing user privacy. Due to confidential transactions and the use of confidential assets, Beam transactions do not reveal transaction amounts or sender/receiver addresses. This provides a high level of privacy for users.
The Mimblewimble protocol is also known for its scalability benefits. We use a unique method of structuring transactions that minimizes data storage and ensures efficient blockchain growth.
Beam initially used a PoW mining algorithm called Equihash, similar to Bitcoin. However, in a subsequent upgrade, the Beam team replaced Equihash with a custom PoW algorithm, BeamHash.
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