[Reddit] Hey Reddit, we are Beam, a scalable confidential cryptocurrency. AMA!
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Hey Reddit, we are Beam, a scalable confidential cryptocurrency. AMA!

<!-- SC_OFF --><div class="md"><p>Hey everyone,</p> <p><a href="https://beam.mw/">Beam</a> is a private, scalable cryptocurrency based on the elegant breakthroughs of the <a href="https://docs.beam.mw/Mimblewimble.pdf">Mimblewimble</a> protocol, which completely conceal the values, and transacting parties, in a prunable way which reduces bloating of the blockchain. In addition to enhanced privacy and fungibility, this allows for much greater scalability.</p> <p>None of the cryptographic protocols used in Beam require a trusted setup. Beam uses a Proof-of-Work consensus. Like Bitcoin, scarcity is ensured by periodic halvings. Beam has developed <a href="https://beam.mw/downloads/">wallets for all major platforms</a> (both mobile &amp; Desktop) with advanced features like Atomic Swaps, payment proofs and much more. Beam it is traded on over more than <a href="https://beam.mw/#exchanges">30 exchanges</a> and accepted on more than <a href="https://beam.mw/beam-accepted-here">150 stores</a>.</p> <p>Beam has no premine and no ICO. It's backed by a <a href="https://medium.com/beam-mw/mimblewimble-emission-schedule-215551948259">treasury</a>, emitted from every block during the first five years. Beam has been implemented from scratch by developers with years of experience in modern C++ system programming.</p> <p>Today, <a href="https://imgur.com/a/kUth3HI">Alexander Zaidelson</a> (Business Lead), and Alex Romanov (Tech Lead), will be answering your questions from 10AM EST. They will hang out for awhile, so ask away! </p> <p>UPDATE: Loving all of the questions so far, and looking forward to many more. We are signing off for the moment, but will pick this up in the morning.</p> </div><!-- SC_ON --> Kind Regards R
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