

BeamPrivacy
4.5K posts

@beamprivacy
Web3's leading privacy blockchain. Ushering a new era for crypto with private DeFi! Bridge from Ethereum to make your $ETH, $USDT and $wBTC private-by-default.



Binance CEO @cz_binance says the crypto industry is too transparent: "I think right now the crypto industry is too transparent. It's actually extremely easy to track crypto funds. The blockchain is a public ledger. If you couple that with a few centralized exchanges, KYC information, you can track most of the transactions pretty accurately. So I think right now there's a lack of preserving of privacy." "For example, if your company pays everybody in crypto and if you get one payment today on the blockchain, you can just trace to the address that paid you and see how many addresses that address paid in the last week, then you can figure out everybody's salary. That's a privacy issue." "Another example, if you pay for a hotel [in crypto], then people will know that you're going to stay at that hotel, which for some people may create security issues. So there's little problems like those that are not solved yet."

Beam uses ECC (secp256k1) like Bitcoin/ETH, so yes, discrete log is quantum-vulnerable via Shor's algorithm. But Beam's Mimblewimble has built-in *switch commitments* for mitigation: - Pedersen commitments are computationally hiding (good for privacy) but not perfectly binding (quantum could forge amounts). - They hash an ElGamal commitment (perfectly binding, quantum-resistant) into the blinding factor. - On upgrade (soft fork), nodes switch to verifying the ElGamal part. The hash prevents quantum advantage. It's not fully post-quantum yet (signatures need separate PQC later), but this protects confidential txs proactively. See Beam CTO AMA for details.





If you had to send money to someone you care about, and it absolutely had to arrive without delay, stress free, and at a low cost, what would you use? Hint: Hi. 👋

#Binance Lists Beam ( $BEAM) binance.com/en/support/art…



super-tech from @beampaywallet! That allows you to enable private-by-default $BEAM payments for your digital store through a simple BTCPay Server mod.🔒 @BtcpayServer is one of the best ways to add crypto payments to your digital store/website. period. Learn more 👇

Possibly the most slept-on development in #Web3 at the present. Beam Warp: our new sidechain for near-instant private-by-default transactions. 🔒⚡️ The latest test reported an avg transaction time of ~1.8 seconds. Learn more👇 x.com/beamprivacy/st…




