What is beam and how it is different from other crypto ?
To understand that what is beam let's understand about blockchain . The blockchain technology is where every thing is open for every one . Sometime we feel that there should some thing that should not to see everyone .
Beam is coming for this feature called privacy.
In beam user have transparency with privacy too. Let we talk how it can be so benefited for industries . Suppose in an outsourcing company . Company is doing outsourcing using beam network all things will be open for all except there employees personal details and salary and the personal details and salary will be shared to company and its employees not to client . This privacy is the main benefit in beam technology . In block chain everyone can see everything . In many cases some important data should not be shown to everyone that can be privately stored in beam technology and this data is safe and internal shown only not publicaly .
Understand mimblewimble ....
Mimblewimble transaction are a conditional transaction and that is not shown to everyone this is also known as blinding factor. Blinding factor s are string of numbers used to encrypt bitcoin amount in an transaction . In this transaction only two parties are involved and this will be only shown to these two parties . In other hand the transaction not amount will be shown to everyone . The every data is not important to everyone that only gives us conjunction . Some data privacy is important to the parties that can be given here .
Beam main link is here ..
https://www.beam-mw.com
Beam2018
Beamtwitter
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