Beam Biweekly Newsletter—May 2024 Ed. #2: Memes on Beam
Covering May 15 - May 30 2024
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Greetings Beamers!
Presenting the Beam Bi-weekly Newsletter—May 2024 Ed.#2, covering all the latest developments in the Beam ecosystem from May 15 - May 30.
Beam Wallet v7.5.13882 “Groovy Gluon”
A new release is out for the CLI wallet and node, which fixed a delay in the nodes, when interpreting blocks with a large number of inputs.
All miners should update their nodes and wallets here.
Beamer Contributors
This week we welcome a new community contributor, “Jimwfs”, who proofread and fixed a few typos in our codebase.
Thank you Jimwfs!
Memes on Beam? We got it!
Beam Community Spotlight
This weeks community spotlight goes to TicoTipMe (@ticotipme) and DB (@dbadol2000)
A bird’s donation to Beam Core Developers!
Why are transparent blockchains dangerous?
Which Beam Wallet address should I select for CEX withdrawals?
On Beam, when sending tokens, the sender may choose the type of transaction they wish to conduct.
The SBBS address are for online transactions. Online transactions are considered “interactive” transactions, because the receiver wallet must be online within a 12 hour window of the transaction, in order for it to complete.
The regular address allows for both online and offline crypto transactions on the Beam blockchain. Similar to any Bitcoin or Ethereum transaction. The receiver doesn’t need to do anything, the tokens will arrive in their Beam Wallet.
This may seem slightly confusing at first, but this is an additional protective measure Beam offers! The SBBS protocol requires both wallets to be online within a 12-hour window, so if you accidentally entered a wrong address, the withdrawal will fail.
For CEXs withdrawals, use only the SBBS address to withdraw funds to your Beam Wallet.
Review our write-up for a complete overview on the different transaction types on Beam.
Vote in the latest Beam Poll! populus populi!
That wraps up this edition of the Beam Newsletter. If you haven’t read the last newsletter yet, you can do that here.
Be sure to sign up and stay tuned for more exciting updates and announcements from the Beam ecosystem.
Until next time, stay safe and keep it private by default!
Best Regards,
The Beam Team