|All Time High:|
|Market Cap: |
|The price of #BEAM today is $0.19 USD.|
The lowest BEAM price for this period was $0, the highest was $0.193, and the exact current price of one BEAM crypto coin is $0.19254.
The all-time high BEAM coin price was $3.21.
Use our custom price calculator to see the hypothetical price of BEAM with market cap of BTC or other crypto coins.
|The code for BEAM crypto currency is also #BEAM. |
BEAM is 3.7 years old.
|The current market capitalization for BEAM is $23,809,074.|
BEAM is ranked #413 out of all coins, by market cap (and other factors).
|The trading volume is big during the past 24 hours for #BEAM.|
Today's 24-hour trading volume across all exchanges for BEAM is $2,265,624.
|The circulating supply of BEAM is 123,660,600 coins, which is 47% of the maximum coin supply.|
Groovy Gluon 7.0 is Live on Beam Mobile Wallet
Release Date: June 14th, 2022 — TL;DR Release Highlights: - The Beam hard fork is scheduled for June 24, 2022, at a block height of 1,820,000. To continue using your funds please upgrade your Beam wallets to 7.0 prior to reaching this height!, Added user-friendly features such as “search” in the settings, node switching without losing connection and other minor updates., — Improvements:. — Technical improvements for a smoother UI experience, Block height info added in settings, — Bug Fixes:. — Fixed a bug with node interactions, Fixed a bug in the “send screen”, Fixed the “Remove wallet” issue, Other minor visual bugs, — Known Limitations:. — Use one offline address per transaction. Once generated, do not offer the same offline address to multiple people. Generate a new offline address for every subsequent transaction. — Points to mention:. — When restoring funds in automatic mode, verify that your most recent transaction (from any device) was completed at least 1 hour ago. Otherwise, your restored balance could become incorrect and may require an additional restoration procedure., We are aware that some dApps may have an unfriendly interface, so we ask for your patience as the development is on its way., — For a more comprehensive list of the tasks accomplished please see here. - Apple iOS: github.com Google Android: github.com — ...
Beam Hard Fork Announcement
Beam will execute the hard fork as previously announced in our Roadmap. This network upgrade will occur at Block Height 1,820,000 expected to occur on June 24, 2022. — Breaking changes - Activate support for IPFS (InterPlanetary File System) for storing large amounts of data to reduce blockchain bloat making Beam more efficient., Activate support for High-Frequency Transactions (HFTX) allowing Beam Wallet to communicate with nodes’ API reducing the likelihood of frontrunning and sandwich attacks., Activate support for Decentralized DApp Store making DApps more censorship-resistant and allowing Beamers to install DApps locally on their Beam Wallet., The amount of $BEAM required to mint new a confidential asset will be adjusted to 10 $BEAM in accordance with the wishes of the community. The outcome of the vote shall become binding following the hard fork., — Timeline - Compatible releases of node, the wallet will be versioned 7.0., The Node and the Wallets binaries will be released around mid-May 2022 to allow everyone approximately 30 days to upgrade to the new version., All users will only need to upgrade their software to the latest version., — Compatibility - After Block Height 1,820,000 is reached, wallets earlier than 7.0 will stop working. The user will need to upgrade the wallets to version 7.0 or later to access their funds. Desktop users can download Beam Wallet version 7.0 here. The smar...
Create your own ID with BANS: Beam Anonymous Name Service
Create your unique Web3 ID with BANS: Beam Anonymous Name Service - Welcome Beam Anonymous Name Service (BANS) Greetings Beamers, We’re pleased to announce the BANS DApp that will allow Beamers to create their own personalised identity for trading $BEAM and any confidential assets on top of the Beam blockchain. BANS IDs are private-by-default and support all types of transactions(offline, online, public offline); simply receive funds on your BANS domain and withdraw them anytime to your Beam Wallet. Only the owner of the BANS ID can view the domain’s transaction history. Users that send funds to your BANS can only view details of their own transactions. BANS IDs must have a minimum of 3 alphanumerical characters, e.g. alice.beam or bob.beam. The IDs are tradeable on the marketplace. A user’s ID will simply unlink from their Beam wallet upon listing for sale on the marketplace. Any remaining balances under your BANS ID still belong to you and remain unaffected, even after the ID has been sold. Funds can be withdrawn to your Beam Wallet at any time. — Pricing - Users will be able to mint a BANS ID using the dedicated DApp located in Beam Wallet. Payments are made in $BEAM and 100% of the revenue collected is immediately deposited into the BeamX DAO treasury. The price depends on the length of the BANS ID: 5+ character.BEAM names: $10 in BEAM per year., 4 character.BEAM names: $120 in BEAM per year., 3 character...
Introducing The Next DAPP Store Iteration: D2App Store
The Inception of Confidential DAPPs - The last Beam hard fork at block 1,280,000 enabled the implementation of smart contracts on the private-by-default blockchain paving way for the confidential BeamX DeFi ecosystem comprised of decentralized censorship-resistant DAPP stores with a thriving NFT marketplace. The Beam Staking Campaign locked roughly ~20% of the total $BEAM supply for a duration of 3 months. Beam Confidential NFTs’ short 4-month history has seen >320,000 $BEAM spent in the marketplace. — The D2APP Store - D2App Store is the next big iteration coming to Beam Desktop Wallet with the 6.3 release. Integrated with an InterPlanetary File Storage (IPFS) for decentralized file storage and confidential smart contracts powering Dapps, the main goal is to improve reliability, privacy and censorship resistance properties in comparison to centralized frontends that are used in most current Web3 applications. For example, web-based Dapps such as Aave or Uniswap are hosted on cloud storage servers like Amazon Web Service or Microsoft Azure. Web-based Dapps are dependent on their respective cloud storage to remain online and can be subject to censors due to compliance to servers owned by centralized entities. An analogy, Apple can place restrictions/limits on App Developers in the App Store or remove apps entirely as they hold control over the platform. In contrast, confidential DAPPs on Beam are completely decentra...
The Beam Staking Campaign Comes to a Close!
The Beam Staking Campaign, which launched on October 21 2021, finally comes to an end after distributing 1,000,000 $BEAMX to $BEAM stakers over the course of 131,400 blocks (or 3 months). The first-ever round of $BEAMX staking was a monumental success, locking up ~20% of $BEAM’s total circulating supply across ~78,000 wallets throughout the staking campaign. You can now withdraw your $BEAM from the smart contract and claim all your $BEAMX staking rewards. — Vote in the Beam DAO - The next step in fulfilling our vision of creating a community-governed confidential DeFi ecosystem is the launch of the Beam DAO voting dApp. $BEAMX holders can use the dApp to vote on proposals and developments of the protocol 20% of the $BEAMX total supply is locked in the DAO treasury to fund projects and developments based on community approval, conducted via voting. Read more about the Beam DAO Voting & Governance process here. The Beamer community now holds 1,000,000 $BEAMX rewarding them with an initial voting power of ~20%. This voting power will gradually increase as more $BEAMX is minted through the “adoption and liquidity mining” programs constituting 36% of $BEAMX’s total token supply. Out of the 20% investor allocation, 9.5% has been sold to investors, leaving the remaining 10.5% unclaimed for funding rounds in the future. — Gear Up for Upcoming Yield Generating dApps - Word has it that in February, stableco...
Beam Turns 3! Highlighting the Very Best of Beam
Beam, the industry-leading privacy-by-default blockchain turns 3! On January 3rd 2019, Beam started off as a privacy cryptocurrency but over years of continuous hard work and development, has quickly transformed itself into a vibrant confidential DeFi ecosystem. Each year has been a substantial leap forward with rapid developments and feature releases, such as hard forking the Beam blockchain to improve speed, efficiency and implementing smart contracts to enable BeamX confidential DeFi & the dApp store. The governance of Beam is progressively being handed over to the community via the Beam DAO; where $BEAMX governance token holders will be able to create and vote on proposals, dictating the future of Beam. All good things come in 3's! To celebrate Beam’s 3rd Year Anniversary, we follow the rule of three’s by: 1. Hosting the Beam Birthday Bash NFT Competition 2. Hosting the Beamer Community Call on January 3rd 3. Taking a step back to reflect on the best of Beam, highlighting and applauding the immense efforts of the Beam Team and the incredible support from the Beamer Community. — The Best Privacy Protocols - Mimblewimble Mimblewimble is a blockchain protocol that allows for a completely private transaction platform, there are no addresses and transactions are fully confidential. Lelantus Lelantus allows the creation of a shielded UTXO pool that drastically increases the anonymity set, making it virtuall...
The Biggest Beam Mobile Wallet Yet! Welcome to Version 6.2
A single feature update packs one huge punch for the Beam Mobile Wallet. Version 6.2 introduces private-by-default mobile DAPPs bringing the BeamX DeFi ecosystem to smartphones; improvements to stability and performance, bug fixes and minor UI tweaks. — Beam Confidential DAPP Store on your smartphone - The most significant improvement to Beam Mobile Wallet is the launch of the Beam DAPP store on smartphones. Through the luxury of your palm, stake $BEAM in the DAO Core DAPP to earn the new $BEAMX governance token; trade NFTs on the Beam NFT marketplace, and gear your Beam Wallet with over 500 free private-by-default transactions from a single trickle, with the Beam Faucet. All upcoming DAPPs will also automatically be integrated into the Beam Mobile DAPP store through over-the-air updates. — Performance & Improvements: - Users can configure the number of confirmations (set to 0 by default) needed to align transaction status accurately with their exchange of choice. This can be configured via the settings tab., Node status refined for improved stability and connection to Beam blockchain, Improvements to Settings and Password screens, Beam Docs can now be accessed through the Beam Mobile Wallet, UI improvements (redesigned input fields for numbers, streamlined texts and fonts to align with wallet design), — Noteworthy Points: - When restoring funds in automatic mode, verify that your most recent tra...
Beam Hotfix — Fierce Fermion 6.2.12508 — Release Notes
Beam Hotfix — Fierce Fermion 6.2.12508 — Release Notes - Release Date: 22nd December In the 6.2.12491 version release we introduced a bug that caused transactions to be resent unnecessarily between nodes. As a result, number of repeated transactions in the network caused unusual load that in turn resulted in some delays in block creation time. The bug was introduced during the refactoring needed to support High Frequency transaction mechanism. Immediately after discovering the issue, we have released a Hotfix for the bug (6.2.12495) however we have also recognized that some potential problems within the implementation of the Dandelion protocol that is used to obfuscate the transaction source. We have decided to release an additional Hotfix to address this issue. It is recommended for everyone to upgrade to the latest version. — Fixes - Reworked transaction distribution in the stem phase of the Dandelion protocol, — Known limitations: - When using active laser beam channels the CLI wallet should not be offline for over 24 hours, Once generated, do not offer the same offline address to multiple senders of payments, — Points to mention: - Upon using Atomic Swaps with ETH, DAI, WBTC, and USDT, users will have to create an account on Infura., The sender of funds to a receiver’s Public Offline Address might be able to know that those funds are later being used by the receiver. Beam wallet...
Beam Hotfix — Fierce Fermion 6.2.12495 — Release notes
Beam Hotfix — Fierce Fermion 6.2.12495 — Release notes - Release Date: 18th December Recently released 6.2 Beam Node version has contained a bug in the Dandelion protocol causing some of the transactions to be unnecessarily resent through the network. As a result network was overloaded causing some delays in block creation. The issue was resolved and is available in the 6.2 Hotfix release. Whomever has installed the 6.2 version as a desktop wallet or a separate node should upgrade as soon as possible. The upgrade is also highly recommended for everyone still running 6.1 version — Fixes: - Fixed issue with Dandelion routing between old and new clients, — Known limitations: - When using active laser beam channels the CLI wallet should not be offline for over 24 hours, Once generated, do not offer the same offline address to multiple senders of payments, — Points to mention: - Upon using Atomic Swaps with ETH, DAI, WBTC, and USDT, users will have to create an account on Infura., The sender of funds to a receiver’s Public Offline Address might be able to know that those funds are later being used by the receiver. Beam wallet and Beam explorer do not expose such functionality but it’s possible to derive this information by analyzing the Blockchain., Verifying release binaries PGP key: “A6C6 2C9F 5593 1860 AFF8 3BBB 997E AB9F 3DF7 F375” Go to keybase.io and get the Public PGP ke...
Beam DAO Voting & Governance Process
Attention $BEAM stakers & $BEAMX Hodlers! Early next year, the Beam DAO Voting feature is launching on the DAO Core DAPP located in Beam Wallet. This article outlines the voting process, the various types of proposals & the rules governing the Beam DAO. Read more about Beam’s Vision to create an autonomous self-sustaining privacy-preserving DeFi ecosystem. — What is Beam DAO?. — Beam DAO is a decentralized community that governs the Beam protocol and BeamX confidential DeFi. Beam DAO members participate in the governance process of Beam by creating proposals, i.e. any works that add value to the Beam ecosystem such as dev partnerships for DAPPs; incentivizing artist collections for confidential NFTs etc; and through voting on Beamer community proposals. — How does the Suggested Voting Process work?. — Beamers need to lock $BEAMX in the voting smart contract to have voting power. The voting process is divided into epochs. Each epoch lasts 2 weeks (or 20,160 blocks). 1 $BEAMX equals 1 vote. However, a Voting Power Factor can be used to increase voting power by locking additional $BEAMX tokens and for a lengthier duration. For example, if the tokens are locked for 1 month, users get an additional Voting Power Factor of 1.1, etc. Each Beamer’s voting power is determined by the amount of $BEAMX locked in the voting smart contract at the beginning of the epoch, multiplied by the Voting Power F...
More BEAM (#BEAM) News
|Prominent Ethereum Mining Pools Extends Support to ETHW Mining
Ethereum finally transitioned its underlying consensus model to proof-of-stake (PoS) on September 15th at block 15537393. The historical event, however, failed to shed off the appeal of the new proof-of-work (PoW) version of Ethereum.
ETHPoW (ETHW), a hard fork of Ethereum supported by a group of PoW proponents, has unveiled a list of all the mining pools that will support EthereumPoW after its mainnet launch.
Some prominent mining pools, such as F2Pool, Poolin, AntPool, Nanopool, BTC.com, 2miners, and EthwMine, have made it to the list.
So far, 23 pools have extended support, according to the post. The new asset's developers also confirmed that some new pools were carrying out mining tests based on data from the testnet.
Instead of following up with services for the planned PoW forks, Ethermine, which happens to be the world's largest Ethereum mining pool, stated it will stop offering its services after the switch.
As per its announcement, all Ethermine stratum servers will be shut down, and the pool will shift to a withdraw-only mode.
However, Ethermine users will still be able to leverage affiliated servers to mine Ethereum Classic (ETC), as well as Ravencoin (RVN), Ergo (ERGO), and Beam (BEAM).
Post Merge, the miners will be replaced by validators tasked with keeping the network secure and processing transactions, a move that saw vehement opposition from many miners.
Chinese miner Chandler Guo, for one, even rolled out a campaign to oppose the Merge, citing that those wh...
|ETC, RVN, ERGO Hashrate Soars Following The Merge, Large Quantity of Has...
Ethereum has officially transitioned from a proof-of-work (PoW) network to a proof-of-stake (PoS) system after seven years of operating as a PoW blockchain. The Merge has forced ethereum miners to transition to other PoW-based tokens and after the ruleset change was codified, a handful of PoW coins compatible with the Ethash algorithm saw their hashrates skyrocket. Ethereum Classic's hashrate has tripled in size since The Merge was triggered by Ethereum's Paris Upgrade.5 Tokens Reap the Benefits of Ethereum's Leftover Hashrate
Ethereum, the second largest crypto asset in terms of market capitalization, now operates under a proof-of-stake (PoS) blockchain system. The Merge was triggered by the Paris Upgrade on September 15, at block height 15,537,391 at 2:42:42 a.m. ET. A few hours prior to The Merge, Ethereum's hashrate plummeted significantly, and a great deal of hashrate was pointed at Ethereum Classic (ETC).
During the early morning hours (ET) on September 15, ETC's hashrate was around 80.77 terahash per second (TH/s). Hours after The Merge on September 16, ETC's hashrate increased by 228%, jumping to the current 228.62 TH/s. ETC was the main beneficiary in terms of getting the most hashrate from Ethereum's forced transition from PoW to PoS. However, a handful of other tokens with similar hashing algorithms also saw a significant rise in computational power.
At the start of the day on September 15, Ravencoin's (RVN) hashrate was around 10.15 TH/s but the following day it...
|Ethereum Classic Hashrate Taps Another All-Time High, ETH Hashpower Rema...
On August 31, 2022, Ethereum Classic's hashrate reached another all-time high (ATH) this year at block height 15,850,811. Ethereum Classic's global hashpower surpassed the 40 terahash per second (TH/s) region on Wednesday. Despite the fact that the network's hashrate has risen a great deal, Ethereum's hashrate remains relatively unchanged with just over 1,000 TH/s dedicated to the network. 66 Mining Pools Dedicate More Than 1,000 Terahash to Ethereum, Network's Hashrate Remains Steady and Unchanged
At the time of writing, Ethereum's total difficulty is 12374533505752422, and when the total difficulty reaches 58750000000000000000 in roughly 13 days, the network will transition from a proof-of-work (PoW) network to a proof-of-stake (PoS) blockchain via The Merge.
When the transition is codified into the codebase, ethereum (ETH) miners will no longer be able to mine the digital currency. There are roughly 66 ether mining pools currently dedicating Ethash hashrate toward Ethereum, and they represent 1.04 petahash per second (PH/s) or 1,040 (TH/s) of hashpower.
When the change occurs, Ethash miners will have to mine a different network, and they can choose blockchains such as Ethereum Classic, Ravencoin, Beam, and Ergo. It's been widely reported during the last two months that many believe the Ethereum Classic (ETC) network will reap the rewards of ethereum miners migrating to another chain.
In fact, ETC has seen an increase in recent times, and on August 31, 2022, the network h...
|Ethereum Classic's Hashrate Taps Another All-Time High Following Ethereu...
On Thursday, following the official proof-of-stake (PoS) transition announcement from the Ethereum Foundation, Ethereum Classic's hashrate tapped another all-time high at block height 15,806,925. The latest jump to 38.64 terahash marks the network's second record high in five days, as Ethereum Classic captured 38.37 terahash per second (TH/s) on August 20, 2022.Ethereum Classic Hashrate Spikes Following the Latest Merge Announcement
The Ethereum Foundation recently published a blog post called the 'Mainnet Merge Announcement,' which gives the public more precise dates concerning The Merge upgrade. At the time of writing, The Merge is expected to go live on Sept 10-20, 2022, and when that happens, Ethash proof-of-work (PoW) miners will be forced to mine another Ethash-supporting crypto network.
Ethash miners have a few coins they can choose from, like ravencoin (RVN), ergo (ERGO), beam (BEAM), and ethereum classic (ETC). Five days ago, Bitcoin.com News reported on ETC's hashrate tapping an all-time high at 38.37 TH/s at block height 15,776,674. On August 25, 2022, ETC surpassed that record as the network's hashrate reached 38.64 TH/s at block height 15,806,925.
There's a great possibility ETC could surpass that record again in the near future because the network jumped over the August 20 record on August 24 at block height 15,801,069 when it reached 38.40 TH/s. Moreover, there's still 975.15 TH/s of hashpower pointed at the Ethereum (ETH) network today. While there are a few ...
|What Is The Merge? A Brief Explanation of Ethereum's Transition From Pro...
In 23 days the Ethereum network will transition to a proof-of-stake (PoS) consensus algorithm after operating as a proof-of-work (PoW) blockchain since July 30, 2015. While the change may not mean much to ethereum users and traders, what's changing under the hood is a very big deal.You've Heard About The Merge, Why Is It a Big Deal?
Next month will be a monumental time for the Ethereum network and its participants. The Merge will likely be one of the most anticipated and recognizable upgrades the blockchain has seen since The DAO hard fork. On or around September 15, 2022, Ethereum will implement The Merge and that means the chain will completely change the consensus mechanism it once used. Since the blockchain was created, Ethereum's consensus mechanism has been a proof-of-work (PoW) scheme, similar to Bitcoin's consensus mechanism.
However, instead of the PoW consensus mechanism SHA256, Ethereum relies on a scheme called Ethash, a PoW consensus agreement preceded by a mechanism known as Dagger-Hashimoto. The main goal of Ethash was to offer ASIC resistance but after a few years, Ethash ASIC miners appeared on the market alongside the use of graphics processing units (GPUs). Similar to Bitcoin's PoW consensus algorithm, Ethash miners must put forth the computational cost of purchasing and operating ASIC or GPU miners, and using electricity.
When The Merge takes place, Ethereum will not depend on miners to validate transactions. Instead, the network's transactions will be va...
|World's Largest Ethereum Mining Pool to Drop Ether PoW Mining, Ethermine...
The world's largest ethereum mining pool, Ethermine, has announced the organization plans to drop proof-of-work (PoW) ethereum mining entirely. Ethermine says that the platform's miner dashboard will display a countdown and users can continue to mine ether until the countdown reaches zero.Largest Ether Mining Pool to End PoW Ethereum Mining - Ethermine Ethereum Mining Pool Will Switch to Withdraw-Only Mode After the Merge
According to a recent announcement from the world's largest ethereum mining pool, Ethermine, the platform plans to halt ETH mining as soon as The Merge takes place. Currently, the Ethereum network will transition from a PoW network to a proof-of-stake (PoS) network on or around September 15, 2022. During the last few weeks, it's been a guessing game as to exactly where ethereum miners will go following The Merge.
Ethermine is the world's largest ethereum mining pool with 262.79 terahash per second (TH/s) dedicated to the Ethereum chain. The pool is much larger in terms of hashrate compared to the second largest ethereum mining pool F2pool, as F2pool commands 127.48 TH/s, according to today's mining pool statistics.
'The mining phase of Ethereum will come to an end on the 15th of September 2022. After this date, it will no longer be possible to mine ether on the Ethereum network using graphic cards (GPUs) or ASICs,' Ethermine detailed. 'As a consequence of this transition, the Ethermine Ethereum mining pool will switch to withdraw-only mode once the Proof-of...
|Ethereum Classic Hashrate Taps an All-Time High, ETC Hashpower Jumped 39...
On August 20, 2022, Ethereum Classic's hashrate reached an all-time high at block height 15,776,674 as it tapped 38.37 terahash per second (TH/s). The crypto asset has seen its hashrate surge since Wednesday, August 17, jumping 39.22% higher from 27.56 TH/s to the all-time high (ATH). Ethereum Classic's Hashpower Skyrockets to 38.37 Terahash
Roughly six years after ethereum classic (ETC) miners mined the first ETC block at block height 1,920,000, ETC's hashrate tapped an ATH on August 20, 2022. ETC's hashrate reached 38.37 TH/s at block height 15,776,674.
The hashrate has been added to the ETC chain as Ethereum (ETH) approaches The Merge upgrade on or around September 15, 2022. Four days ago, on August 17, ETC hashrate was 27.56 TH/s and its jumped 39.22% higher since that day.
ETC's largest mining pool is Ethermine as it commands 8.05 TH/s, which is followed by Poolin's 8.02 TH/s. Ethermine's and Poolin's combined hashrate of around 16 TH/s is more than 40% of ETC's global hashrate.
ETC was initiated after the DAO hack in 2016 and the first ETC block was mined on July 20, 2016. Proponents of ETC believe it is the original unchanged Ethereum blockchain as the DAO hard fork erased the event from the blockchain.
In a commitment to sticking to proof-of-work, Ethereum Classic developers removed the difficulty bomb from the ETC chain. ETC's difficulty bomb removal took place at block height 5,900,000.
While Ethereum Classic (ETC) has seen a significant hashrate spike, other ...