Cointime

Cointime

Download App
iOS & Android
Home / Data

The privacy chain Beam will be halved for the second time in January next year, and the token price rose by more than 320% in 24 hours

Guy Corem, a member of the Beam Foundation Board of Directors, announced that Beam will undergo its second halving in January 2024 (5 years after the mainnet launch), marking the end of Beam Treasury releases. Miners (currently limited to GPUs) will mine 20 new Beam per minute instead of 40. The second halving also marks the time when Beam's circulation reaches 60%. In addition, Beam engineer @Vlad38604806 is considering upgrading Beam's L1 to Kaspa's DAG Knight variant. According to CoinGecko data, BEAM tokens have risen over 320% in the past 24 hours.
According to the Beam website, Beam uses fair distribution with no pre-mining or ICO, following a deflationary issuance plan starting at 100 BEAM per block, halving regularly. The total supply is 262,800,000 BEAM. For the first five years (until January 3, 2024), 20% of block issuance revenue will go into the Beam Treasury.

Privacy
Comments

All Comments

Recommended for you

  • In the past 24 hours, the entire network has liquidated $405 million, mainly short positions

     data shows that a total of $405 million was liquidated in the past 24 hours, with long positions liquidated at $79.9603 million and short positions liquidated at $325 million.

  • BlackRock deposits 44,774 ETH and 900 BTC into Coinbase Prime

     according to Arkham monitoring data, about 1 hour ago, BlackRock deposited 44,774 ETH (USD 195.29 million) and 900 BTC (USD 101.67 million) into Coinbase Prime.

  • BNB breaks through $880

     market showed that BNB broke through $880, now reported at $880.08, with a 24-hour increase of 1.07%. The market is fluctuating significantly, please be cautious and manage risks.

  • After the release of the non-farm payroll data, spot gold rose by nearly $20 in the short term and is now at $3,571 per ounce.

     release of non-farm data, spot gold rose nearly $20 in the short term, now trading at $3571 per ounce.

  • Pump.fun has spent over $62.6 million to repurchase its native token PUMP

    according to Dune Analytics data, Pump.fun has spent over $62.6 million to buy back its native token PUMP. The buyback has absorbed over 16.5 billion tokens, with an average buyback price of $0.003785, aiming to stabilize the price trend and reduce selling pressure.

  • Data: 102,000 Bitcoin contracts will expire on Deribit at 4:00 PM this Friday

     according to unfolded data, at 16:00 this Friday, Deribit platform will have 102,000 Bitcoin contracts expiring, with a nominal value of 11.34 billion US dollars.
  • Cointime精选 ·

    The worst privacy washing of 2023 and trends to expect in 2024

    The biggest new threat to privacy in 2023 wasn’t any surveillance program. It was the false advertising Big Tech companies use to trick people into thinking their products are private. Like oil companies claiming fossil fuels are “green”, Google, Apple, Microsoft, and others increasingly try to convince people their surveillance-based advertising models are “private” when they’re not. This sneaky marketing practice is known as privacy washing(new window).
    The worst privacy washing of 2023 and trends to expect in 2024

  • OKX to Delist Privacy Tokens Including Monero in 2024

    OKX, a popular crypto exchange, has announced that it will delist several privacy tokens, including Monero, in 2024. The decision to delist 11 different tokens was based on OKX's own guidelines and feedback from its users. Customers have been advised to cancel any orders relating to these trading pairs before the delisting time arrives, otherwise, they will be automatically canceled by the exchange. While OKX has not specified which tokens are being delisted due to low activity versus feedback from users, Monero and ZCash are both quite popular within the market and have tangible growth potential.

  • Nocturne Raises $6M Seed Funding for On-Chain Private Accounts Protocol

    Nocturne, a New York City-based company that offers on-chain private accounts, has raised $6 million in seed funding. The round was co-led by Bain Capital Crypto and Polychain Capital, with participation from Ethereum co-founder Vitalik Buterin and other members of the Ethereum community, as well as Bankless Ventures, HackVC, and Robot Ventures. The funding will be used to accelerate the production and deployment of Nocturne's protocol across various ecosystems, as well as to fund legal work to navigate the changing regulatory environment. Nocturne plans to launch on mainnet within the next month, providing a compliant non-custodial privacy option to retail users and allowing for integrations with wallets, payment companies, and other strategic partners.

  • Beldex Raises $3M in Funding for Development of Private Web3 Environment

    Beldex, a hub for privacy ecosystem based in Mahe, Seychelles, has secured $3 million in funding from Block Alpha, a transparent and collaborative Web3 market maker. The investment will be used for research and development of Beldex's blockchain infrastructure and ecosystem. Beldex, led by Chairman Afanddy Bin Hushni, is committed to developing a private Web3 environment that protects user data and identity in the digital domain, as evidenced by its extensive Web3 ecosystem that includes BChat, BelNet, the Beldex browser, and its privacy protocol.

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30
Dubai

Popular Tags

Cointime
News
Contents
RSS
Company