Scalable Confidential Cryptocurrency

Privacy, Financial and Otherwise

8.8.2018
8.8.2018
What is Privacy
• *
• Aristotle, ~350BC: Loss of the private sphere
would detract from a well-lived life
• Parent, 1983: Privacy is control over
information about oneself
• Gerstein,1978: Privacy is crucial for Intimacy
• Gavison, 1980: Ability to control access that
others have to us
• Bloustein, 1964: Privacy is an aspect of
human dignity. An intrusion on our privacy
threatens our liberty.
Privacy = Liberty
Welcome to the meetup

How is your privacy today?

Is Meetup.com doing anything wrong?
How about your Finances?

• Are they private?

• US Bank Secrecy Act (1970) effectively abolished financial

privacy
Enter Bitcoin

• Decentralized
• Deflationary
• Low Fees
• Private??
Privacy on Bitcoin
Big Data Intelligence

More will come

Why Financial Privacy is important?

Micro Macro

• Do we want everyone to • Fungibility is a key property

know how much money we of any financial instrument
have? • Without privacy, there is no
• Do we want everyone to fungibility, and money stops
know how we spend it? functioning as money

Privacy = freedom = a healthy economy

Some privacy-oriented projects
Enter Mimblewimble
An elegant protocol offering full privacy without sacrificing
scalability, based on Bulletproofs – a recently developed zero-
knowledge proof protocol.

Developed by an anonymous person under pseudonym

Tom Elvis Jedusor (French for Voldemort)
 Grin – a Mimblewimble implementation

• Written in Rust from scratch

• Blocks are mined using
CuckooCycle PoW
• Constant emission rate
• 100% community-driven funding
model
Why Beam?

• We believe that Privacy is a basic human right, and

that technology can and should enable it
• We had the right expertise, reputation and resources
to make it happen
• We believe that startup environment is the best way to
quickly innovate – thus we raised funds and
assembled a dedicated team
What is Beam

• A new blockchain based on Mimblewimble protocol

• Fully private, decentralized and scalable
• Developed from scratch in C++
• Multiple enhancements to original protocol
Our Mission

Our mission is to make your money yours again.

We are building a new blockchain to provide confidential,
decentralized and usable store of value,
and a strong self-governed community to further develop
and support it
Beam Financial Model

• No premine, no ICO
• 5-year treasury to reward investors and the team
• A non-profit foundation to be funded from the treasury

Alignment of incentives
Join the Privacy Revolution!

• We are looking for:

• Developers
• Applied Cryptographers
• Content Writers
• Ambassadors around the globe
Q&A

https://www.beam-mw.com

https://t.me/BeamPrivacy

https://medium.com/beam-mw