BEAM is a next-generation conﬁdential cryptocurrency based on an elegant and innovativeMimblewimble protocol.Things that make BEAM special include:• Users have complete control over privacy - a user decides which information will be availableand to which parties, having complete control over his personal data in accordance withhis will andapplicable laws.• Conﬁdentiality without penalty - in BEAM conﬁdential transactions do not cause bloatingof the blockchain, avoiding excessive computational overhead or penalty on performanceor scalability while completely concealing the transaction value.• No trusted setup required.• Blocks are mined using Equihash Proof-of-Work algorithm.• Limited emission using periodic halving with a total amount of coins ~250 million.• No addresses are stored in the blockchain - no information whatsoever about either the sender or the receiver of a transaction is stored in the blockchain.• Superior scalability through compact blockchain size - using the “cut-through” feature ofMimblewimble makes the BEAM blockchain orders of magnitude smaller than any other blockchain implementation.• BEAM supports many transaction types such as escrow transactions, time-lockedtransactions, atomic swaps and more.• No premine. No ICO. Backed by a treasury, emitted from every block during the ﬁrst ﬁveyears• Implemented from scratch in C++ by a team of professional developers

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