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Beam News
A big week for Beam with some huge revelations on the development and partnerships side coming through in the community call last Monday. The first being the exploration of a Beam EVM compatible side chain and Metamask integration, and the later being SOURC3, the decentralized software development platform. More on these later, but first let us take a look at none other than…
Confidential Assets
As we know, CAs are an integral part of Beam. With the confidential DeFi ecosystem they will become ever more relevant. From bridged assets, to farming, stablecoins, governance tokens, and everything in-between, the number and need for confidential assets will no doubt grow exponentially. When confidential Assets were first launched, the community decided via vote the amount of Beam required to be locked in order to issue a confidential asset. This was set at 3000 $BEAM.
With the Beam ecosystem set to grow, and with it the need for CAs, the community has brought up the issue of the lock amount, and questioned wether this should be reduced to encourage asset issuance. This is most certainly a point well worth considering, and we will spark up some convo on this front on the Beam Forum this week. Stay tuned, and be share to share your thoughts and ideas.
Beam Ecosystem
SOURC3
As mentioned in the last community call, SOURC3 has decided to employ the technology of Beam to build a decentralized development platform solution to enable self-sovereignty and recognise contributions made to projects. An exciting addition to the Beam ecosystem and wider Web3 space.
To explore more on the SOURC3 platform and what it hopes to achieve, we will be collaborating on an upcoming community call. Join us to discuss the ins and outs of SOURC3, how it will utilise and benefit Beam, and bring the two communities together.
Save the date and see you all there!
Research and Development
The next release of 7.0 is nearing testnet. This will be a huge release for Beam so when the time comes fire up your testnet wallets, get upgraded, and join us in testing.
Network upgrades to add additional features to Beam will require a hardfork. More details on this will be shared in the coming days, along with the block height to be announced.
The Beam NFT Gallery continues to move forward with the V2 on the way.
Bridges are now undergoing an audit.
The upcoming 7.0 release presents a huge milestone for Beam, and after the release, development will shift focus towards the Dapps and wider ecosystem expansion.
Community!
A Bold Nation!
Privacy Island!
Community Call Recap!
That is all for this week, but be sure to sign up, and stay tuned for all things Beam.