DeFi has seen massive growth in 2020, but there is still an ever missing component; privacy. This last week saw Beam present its thoughts on DeFi, the different components that make it tick, and how Beam continues to build out the key infrastructure needed for truly confidential DeFi. This is an important part of adding even more value to the Beam ecosystem. It will extend Beam from private transactions and payments, to a more comprehensive suite of confidential financial applications.
Check out the key components from the article, and what’s to come for Beam:
Beam offers best in class privacy, and we are leading the way to Confidential DeFi.
Work continues at full speed on both fronts. Being able to keep ones finances private, and making your money work for you, are two things that are coming to fruition as we speak.
Speaking of Privacy
In this day and age, maintaining ones online privacy is as important as ever.
But how does one do that?
A virtual private network, extends a private network across a public network and enables users to send and receive data across shared or public networks as if their computing devices were directly connected to the private network.
VPNs can help users maintain their privacy from hackers, snoopers, and internet service providers trying to look at your instant messages, browsing history, credit card information, downloads, or anything else sent over a network. Even financial services companies in the fiat world use VPNs on their devices.
You can purchase a VPN with Beam through PIA, Tor Guard, Pure VPN, and a multitude of other VPN providers on Beam Accepted Here.
If you’re feeling adventurous, you can roll your own VPN with the help of Raskul, for extra privacy.
A virtual private server is a virtual machine sold as a service by an Internet hosting company.
VPS can add privacy and security for such things as torrent downloads, and the internal communications for companies.
Making purchases whilst maintaining privacy has never been so easy, as with Beam mobile and desktop wallets. If you are looking to maintain your privacy in your transactions, Beam has a range of shop, services, and merchants that accept Beam as payment.
Beam4Me takes this to the next level, and allows you to make purchases with Beam, through any merchant that accepts Bitcoin. A huge steam for Beam, and a huge step for privacy.
Research & Development
This week the Beam development team is focused on the upcoming Eager Electron 5.1 release that will bring Breaking Linkability to the GUI wallets. Extensive efforts have been made, to fit this privacy behemoth into the usability that we love with the Beam wallets.
The release will also include a number of improvements to Atomic Swaps, including fee improvements and support for SegWit.
There are some great updates coming in the near future, including some more details on Beam & DeFi, along with the greatly anticipated roadmap update. This will provide more insights into the exciting developments on the horizon.
Great translation from our top Spanish Ambassador Fernando, in Beam Mitigando Reorgs
A great piece coming from the beautiful Lagos Ambassador, Scarlett, in Beam as a Confidential DeFi Cryptocurrency
The most recent Beam DeFi article, translated into Chinese, by the Great Gaoyi
Beam 机密 DeFi平台
Africa Lead Agbona, talks us through what’s going on with, In Focus: Beam Africa, The Mission, The Team and the Buzzing Community
Sign up, stay tuned, and see you all next week!
Got news or articles to include in these newsletters? Any feedback? Any suggestions?
Drop us a line on email@example.com or follow us on Twitter.