Hello everyone i am here to complete my homework that is given by the professor @levycore

SRC.

Questions

1. Choose a Privacy Coin and perform a fundamental analysis of the coin in detail.

1. Describe the steps in creating a wallet for the Privacy Coin of your choice. (Screenshot required)

1. Explain the reason you chose the Privacy Coin. (State the advantages and disadvantages)

1. Conclusion.

BEAM

Beam has just released the 6.0 Hard Fork version and and announced the plan to move to a DAO governance model. for $BEAM holders and the ecosystem in general.

The Beam private DeFi ecosystem will allow decentralized apps (DAPPS) for a vary of use-cases. The today's 6.0 launch can be downloaded soon to convey you up to velocity with the coming tough fork. Expect to see the first proof of thought DAPPs stay after the difficult fork, with DAO governance and staking soon after.

The upcoming hardfork will carry with it the addition of the Beam Virtual Machine (BVM), walking Smart contracts, or as we call them Beam Shaders. This will enable for the decentralised vote casting and governance of the BeamX DeFi ecosystem, with the graph to increase past this in the future.

The preliminary Shaders will enable staking, to obtain $BEAMX, the governance token for the BeamX DAO. Distribution will also be used to bootstrap liquidity on the first Dapps to be walking on Beam.

First search https://coinmarketcap.com/
On an browser

After hitting the search, you will open it, then you will see some interface that you can see the screenshot , after that I clicked on the search option there.👉

After that I searched BEAM, I came across something that you can see in the screenshot, then I clicked on it.

After clicking on BHEM, it opened in front of me, then I saw that there was an option of links which I have shown in the screenshot, then I clicked there.

When I clicked on the link, then a lot of links came in front of me, I clicked on the first link, you can see the screenshot .
👈

After clicking on the link, some kind of interface will appear in front of you, either you can open it by clicking on get start there or if you have an iPhone then you can download it on the iPhone, there is an option there or if If you have android then you can also download it from google play store by clicking there which I have shown in screenshot by arrow👉

So as I have an iPhone, I clicked on Download on the Apple Store, then the Apple Store opened in front of me and the interface of this method came, you can see the screenshot . After that I clicked on the get.
👈

After a while the app got downloaded then I clicked on open you can see in the screenshot.👉

When I clicked on open then my app opened then I have got the option of create new wallet
👈

After clicking on Create New Wallet, many things came in front of me to read, I read all I want, after that I clicked on I understand 👉

After clicking on I understand, some SEED PHRASE came in front of me, I have to keep it well in my world vault, without saving that wallet cannot be recovered, so I saved it well and kept it in my vault.
👈

After that when you click on complete verification, you will get this notice
I read the notice carefully after that I click done option 👉

After clicking done, I got the option of confirm seed phrase you can see the screenshot
👈

After that I filled all the seeds properly, seeing from where I had saved and clicked on next.👉

After clicking Next, the option to create password came.
👈

After that I created my strong password which I remember and then clicked on Next.

After clicking Next, now my wallet has been created, you can see it in the screenshot below.👇

WHY BEAM?

Core facets encompass entire manage over your privacy, All transactions are private through default, No addresses or other non-public records are stored on the blockchain or a , Superior scalability due to compact blockchain size size, Opt-in Auditability, Support online and offline transactions, atomic swap, hardware wallets integration.

Conclusion

We strongly trust that BeamX DAO will unify and structure the governance procedure while at the identical time permitting participation of a large part of stakeholders and gaining wide alignment of interest between modern BEAM holders, learners and utility builders in a mutual goal of bringing Confidentiality to the world of DeFi.

Thankyou
@levycore