What is the BEAM Coin? Mimblewimble & Grin vs Beam2

The Mimblewimble blockchain protocol has been receiving significant attention recently following the launch of its first two full implementations — Grin and BEAM. We already have an overview of Grin and Mimblewimble available, so it is prudent also to evaluate BEAM and identify how it differentiates from its cousin Mimblewimble crypto — Grin.

Both Grin and BEAM are open-source protocols, which launched their mainnets over the last several weeks, with BEAM going live at the beginning of January. Significant hype has followed the Mimblewimble protocol since its anonymous proposal by Tom Elvis Jedusor in 2016, specifically due to the privacy and efficiency enhancements that are inherent with the unique transaction construction model it uses.

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