Beam 2021 Week #40 - Staking Beam and Beyond

Covering October 3rd - October 10th 2021

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Beam News

This week came with the exciting and greatly anticipated anouncment of the BeamX launch!

Yes! You read right. The BeamX token, or rather confidential asset for those familiar, will be launching in just ten days, on the 21st of October! A huge event for all of us Beamers, and something we have all been looking forward to. More details on staking parameters, and the intricacies of the DAO will be shared in the coming days, so be sure to follow Beam Twitter to stay in the know!

Another exciting announcement is that of the the Beam Community Call taking place this coming Sunday, to discuss the upcoming Roadmap update. The call will centre around the plans moving forward as we shift from building blocks, to decentralised applications and use-cases to push adoption and privacy in the DeFi space! Prior to publishing the roadmap for Beam and BeamX the call will go over the teams ideas, and solicit feedback from Beamers. With the launch of the initial staking kicking off on the 21st this will also act as a great chance to hear more on the initial distribution phase for BeamX, some info on the inner workings of the DAO, and plans thereafter.

So what do you need to know?

Beam Community Call - Roadmap:

  • The when: October 17th, 3pm UTC

  • The where: Right here -

  • The what: Beam Community Call to discuss the upcoming roadmap update, how we see it, and get feedback on how and what you want to see moving forward

  • The how: Bring yourselves and anyone interested in learning more about Beam and what on the cards with the DAO and BeamX launch, and what possibilities lie ahead for Confidential DeFi

We are excited for the upcoming BeamX launch, and look forward to seeing you all there!

Research and Development

To stake or not to stake, that is the question!?

In Beams case, the answer is most certainly yes. For those that are gearing up for the October 21st BeamX launch and the initial staking phase, now is your chance to get prepared! The staking contract has been launched to testnet so if you haven’t already, get your testnet wallets and Beams up and running, get your stake on, and prepare for the incoming launch!

The DAO Core contracts will be launched soon after the staking phase kicks off, once a decent distribution has been achieved. This will enable Beamers to vote on various proposals, what they want to see, and how they want to see it. That’s one small step for Beam, one giant leap for privacy!


T Minus 10 Days!

Roadmap Incoming!

Secure and Private - The Beam Multisig

That is all for this week, but be sure to sign up, and stay tuned for all things Beam!

Beam 2021 Week #39 - The Private Multisig

Covering September 27th - October 3rd 2021

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Beam News

In last weeks newsletter we touched on the Beam DAO Core contract audit. An integral contract to the Beam ecosystem that will be the back bone in the initial phase of staking, where Beamers will be able to stake $BEAM for $BEAMX. Another contract that has been in the works, and just recently started its audit, is one that will also play a crucial role for the Beam ecosystem, Beamers, and projects building on Beam. That is the Multisig contract.

The Multisig can be found here as a part of the Beam Vault Shader

For those unfamiliar, multisig wallets allow a wallet to require a certain threshold of predefined signatures before the transaction can be executed. When the contract is set up, various elements are input such as signers and number thereof, along with the number required to execute a transaction such as 3 out of 5 signatures. Multisig wallets can increase security, along with distributing and decentralising control over actions and funds.

With the launch of BeamX around the corner, it is an important addition to the ecosystem arsenal, enabling DAOs, communities, and projects, the possibility to act in a more secure manner.

Research and Development

With the Beam DAO Core contract audit having recently completed, the time is coming to launch the contracts to testnet, followed soon after by mainnet.

The launch of the initial staking campaign is expected towards the end of this month, with the date to be announce within the next weeks.


Audit Complete

Privacy by Default!

Mobile Privacy

That is all for this week, but be sure to sign up, and stay tuned for all things Beam!

Beam 2021 Week #38 - A Closer Look

Covering September 20th - September 26th 2021

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Beam News

An exciting week with the completion of the Beam DAO contract audit! This is a huge step towards the full fledged Beam staking and true beginnings of the Decentralised Confidential DeFi ecosystem. Given that the $BEAM will be put into one of the first contracts to be running on the Beam mainnet, in order to receive $BEAMX, it is pertinent to take every step possible in order to make this as safe as possible for Beamers. The audit is one key component for this.

Lets dive in and see the key takeaways!

Pessimistic's Security Audit of Beam Key takeaways:

  • The audit did not reveal any issues that endanger the security of the project in the current implementation

  • The audit covered numerous automated and manual analysis and audit

  • The project is well designed, and the code base thoroughly optimised

  • Recommendation to improve documentation for developers and users

You can read over the full audit is available here on Beam Github. The point touched on regarding documentation has been long identified by both the community and team, and something actively being improved. The latest and greatest documentation can be found here, be sure to check it out and give any feedback as to what can be improved upon.

Research and Development

With the audit coming through, the final improvements and touches on the UI are being completed, with a launch date to be announced in the very near future.

The launch of the initial staking campaign staking campaign will be the first confidential DeFi use-case! This will act as an integral part in distributing $BEAMX, to be used for governance within the Beam DAO. There is great anticipation for the launch, and we are excited for the decentralised, confidential future ahead!




Sneak Peak 👀

Road to Confidentiality

That is all for this week, but be sure to sign up, and stay tuned for all things Beam!

Beam 2021 Week #37 - The Ecosystem for Privacy

Covering September 13th - September 19th 2021

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Beam News

A busy week for Beam with the DAO launch right around the corner, the last of the contract audit is taking place, and everything gearing up to a spectacular launch! The BeamX DAO brings with it the staking of $BEAM for $BEAMX, and with the two come an absolute power house of an ecosystem, so lets have a look at what’s to come!

The Highlights!

  • BeamX DAO With the launch of the $BEAMX Confidential Asset and the BeamX DAO will be responsible for onchain governance

  • Confidential DeFi → The Beam Virtual Machine running contracts compiled to WASM will drive the Decentralised Apps running on Beam, supported by bridges to Ethereum and other chains, along with Beam native swaps!

  • Best-in-class Privacy → Beam comes with backed in privacy on layer1, giving users freedom to transact without any prying eyes, and providing for true censorship resistance

  • Team & Community → Beam is built from scratch with the latest and greatest technological advances, and the required infrastructure for leading financial use-cases, all backed by a powerful global community!

  • Superior Usability → With wallets on all major platforms across desktop and mobile Beam is both easy to access and easy to use thanks to the attentive eye of the Development and Product teams

  • Built for Developers → A focus on developer support, giving them the knowledge and tools they need to build better, build private, build on Beam!

Research and Development

Did someone say Beam Confidential Asset Swaps!?!?

The Confidential Asset Swaps will be similar to those of Atomic swaps, allowing users to trade Beam to CAs, CAs to Beam, and CAs to CAs. One important (and wicked) difference is the speed at which these swaps take place. With Atomic Swaps, more than one chain is involved, thus adding extra nuance to how the swaps can be completed without one party losing out. This is solved by increasing the number of confirmations required to increase the security backing the output. With Confidential Asset Swaps both the assets being traded are running on Beam. This means that the swaps will take place in the same manner, and speed, of a regular Beam transaction!


🥩ing Soon TM!

Rangers Fan Token!

6.1 comes to Mobile!

Did You Know?

That is all for this week, but be sure to sign up, and stay tuned for all things Beam!

Beam 2021 Week #36 - A Tip in Privacy

Covering September 6th - September 12th 2021

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Beam News

As much excitement garners for the imminent launch of BeamX, there is an absolutely huge addition to the Beam ecosystem that was (somewhat silently) launched to the community in the last weeks.

To bring a little context to the significance, you can check out the article on how “Twitter appears to be adding the ability to tip using Bitcoinfrom the Block.

Proudly presenting, the Beam Tip Bot on Twitter, by Vsnation

The Beam Tip Bot enables anyone to send and receive Beam on Twitter with ease. One important note, as always, when you withdraw from Twitter, no one will be able to track the transactions to your personal wallet. Privacy that is greatly lacking in BTC!

Research and Development

Much of the current Dev focus is surrounding the upcoming BeamX launch and initial staking campaign! With this in mind, a key factor is enabling as many to get involved, and onboard with Beam staking as possible. Therefore…

Dapps are coming to mobile!

The Beam mobile Dapp integration will be a key factor in attracting new Beamers. This will go hand in hand with the Beam Web Wallet, which is expected to launch on mainnet in the coming weeks, and will also have Dapp support to ensure anyone looking to stake $BEAM for $BEAMX can do so with ease!


Mobile Privacy!

Fight For Privacy!

Test and Serve!

Universal Privacy!

That is all for this week, but be sure to sign up, and stay tuned for all things Beam!

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