BlockchainBrad chats exclusively with Beam CEO Alexander Zaidelson about a new scalable confidential cryptocurrency. The new ultra private currency uses the very impressive MimbleWimble protocol because #privacymatters. They are a real, for profit company that mean business! Their MainNet is live and mining is already underway! No ICO, No premine, but they are a startup that has a very busy year ahead!
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0.52 Scalability and Confidential Meaning
3.30 Lightning & Integration
4:15 PoW + Security
7:55 Zcash/Monero comparison
10:30 Peterson Commitment, sum of output/input matching
12:30 Cut through mechanism
16:40 Regulation & Compliance
20:40 MainNet
22:50 Grin. unfunded, community startup
23:56 Distinction between Beam & Grin
25:56 Beam: for profit & enterprise
28:00 Raise
29:00 VCs
31:45: Core Features
34:00 Equihash
35:00 TPS Talk
37.9 Beam Dream Team
41.20 Business experience
44:38 Token Talk
46.00 Competition & BTC
49.50 Beam Wallet
51.11 Wallet Vulnerability
55:00 Beam explorer
1:00 Closing discussion
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Core features
Complete control over your privacy
All transactions are private by default
No addresses or other private information are stored on the blockchain
Superior scalability due to compact blockchain size
Opt-in Auditability
Confidential Assets
Support online and offline transactions, atomic swap, hardware wallets integration
Wallet app for mobile and desktop
Governance model
No premine
No ICO
Backed by Treasury
Establishing a non-profit foundation to govern the protocol after
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Mainnet launch:
Desktop wallet app
CLI wallet
OpenCL miner
CUDA miner
Blockchain explorer
Confidential assets support
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Post-mainnet:
Atomic swap (with bitcoin)
Integrated bitcoin wallet
Mobile wallet (Android)
Payment platforms integration (API)
Hardware wallet
integration
Mobile wallet (iOS)
Opt-in auditability
Web wallet
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PAYMENT/DONATION DISCLOSURE:
This was 100% free and I received no financial compensation for doing this video; not in fiat, tokens or any form on payment. Since several months ago, I decided to do only free content unless legitimate ambassadorships were involved. I believe that sponsored content is not a problem if disclosed, but this was NOT sponsored and there was absolutely no compensation received in any way, shape or form for this interview.
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GENERAL DISCLAIMER:
The information provided is not to be considered as a recommendation to buy or invest in certain assets or currencies and is provided solely as an educational and information resource to help traders make their own decisions. Past performance is no guarantee of future success.
It is important to note that no system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using the attached material will guarantee profits or ensures freedom from losses.
BlockchainBrad shall not be liable to the participant for any damages, claims, expenses or losses of any kind (whether direct or indirect) suffered by the participant arising from or in connection with the information obtained this website or directly from the website owner.
#BTC #MimbleWimble #cryptocurrency #Beam #PrivacyMatters #BeamPrivacy #bitcoinchallenger
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Hey guys, this was 100% free for you all. It took me hours to prep, film and edit, so any comment or feedback would be super appreciated. I want to say that I am personally very interested in MimbleWimble (have been for months) and I will say that speaking with Alex made it clear to me that they are tech & business driven. What do you think about Beam, especially given that privacy is paramount to so many. Your comments, likes and subscription mean a lot, so thank you in advance. Cheers, Brad.
What up beamers
Can it be audited?
love your down to the point questions dude. Thanks for the interview
Thank you. Really informative interview!
the CEO looks genius
I like everything about Beam as far as i understand…I don't like selection of memory hard PoW algorithm…Problem is memory hard cryptography ultimately gets cracked by asic miners and whichever company does it gets monopoly…simple algorithms like sha256 are better… they are simpler to verify and allows easier development of competing asic devices.
Forget grin and beam. Apollo wil take over this market by storm. It has soo much more than all the coins and tokens together, 1 sec block speed and sharding soon switch between private transaction and public. Coin shuffling, market place, private messaging, Windows wallet, Linux, Mac, Android, ios, soon dex. And much more!
big inflation on grin !!
Another great Interview. But unfortunately i feel the these Privacy Coins are an impediment for mass adoption as regulators look at the whole Crypto space skeptically because of what these privacy blockchains and coins can do. I see the benefits of them, but they are one of the reason for slow regulation and mass adoption of the whole space.
When mobile wallet?
Holy shit is that Julian? Where is your drink brou?
Basically Beam is just an other ETC, electronic "trust" currency !! Looking forward for a big pump and dump to cash out some profits….
anyone may compare it to apollo? which is better?
Your interviews are the best Brad. Lots of great info.
Superb overview and also very interested in MW but also real-world applications and BEAM makes more sense than GRIN but the Cypherpunk in me loves GRIN ;-). Very spec but interesting project 😉
Ethereum can implement monero-style tooling into a smart contract thru Mobius or use ZKP technology, i'm sure all the main currencies will have some form of privacy layer quite soon.
Just what crypto needs, another replacement for Bitcoin. Why won't these people apply their skills to helping mankind instead of promoting more similar blockchains that don't improve humanity as a whole? Their true interest is lining their pockets.
Beam me up Scotty!
Beam has a great tech concept in terms of Mimble Wimble. They have the first mover advantage in the privacy scaling currencies.
My concerns are:
1. Team doesn’t have blockchain experience.
2. Lightning network on BTC is growing rapidly and there are privacy features built in. So, what’s the need for BEAM then?
Welcome back Brad. Missed your videos. Happy 2019 to you and your family
Thanks for this interview Brad! I definitely need to learn more about Mimble Wimble. Regarding beam, i don't think taking 20% of mined coins is a strange model because there is no premine period or a capped amount with 20 or more % put away for the dev's like other projects. I do think that not having a capped amount of a coin will make it more susceptible to negative effects of inflation, even more so because it's not backed by anything. So yeah, the tech sounds cool but in a market where there is so much competition i'm not sure if what Beam is offering will be enough to become a major player in this market.
Nice!
These privacy process sounds more like Bird in bird
Brad you mentioned Thunderella as a scaling solution. Have you or will you look into ThunderCore? It looks rather interesting.
Hi Brad. I have great topic for your video.
It's detection of fraud based on behavior scans. You can watch some videos where AI has been used on Tenx Julian Hosp @ …
Another one is Suppoman tested as well:@t
And Steven Avery: Jan 2019 | Lucid Processed interview Nov. 6, 2005 with Steven Avery | NBC26
This is new AI product released by INVACIO ANALYTICA.
welcome back Brad and thank you for another great video