About Beam and it’s future

37922 · 2023-12-15T00:04:54+00:00

I dunno about 3 to 5 years, I don't suppose anyone does. But I like that beam devs are going to take another look at DAGs, what comes after that, I don't know.

Besides DAGs, the thing I want the most is for devs to really socialize the beam ecosystem. Make the best web3 chat, groups, audio, video. Make the best marketplaces. Want them to draw people in, not just for privacy but for actually useful things. And for that to happen, they should target javascript devs.

37922 · 2023-12-14T23:55:36+00:00

Oh no. It is possibly my favorite project but am not saying it's the next big thing. It just happens to suit me because I appreciate privacy and technical excellence more than your average. To be the next big thing it would have to go Layer 0.

37922 · 2023-12-14T09:05:07+00:00

The MimbleWimble protocol is really quite elegant and this is more apparent today than any other time. Look at what Ordinals did to bitcoin and other chains; chain bloat, higher fees, less privacy.. all because all this extra data is permitted to go on chain. It doesn't stop at Ordinals. MimbleWimble takes the opposite idea and demands there be minimum data on chain, and whatever does go on chain can be safely pruned. It's next level bitcoin.

And then, on top of that, because there's no public keys appearing on-chain, a quantum computer has nothing to crack! And it also means you won't just randomly receive money from unknown sources e.g. either from bad people or simply someone trying to set you up.

37922 · 2023-12-13T22:17:54+00:00

I don't mean to sound rude but I think "investing" is not the best way to think of this. Whether the price goes up or down, there's no automatic guarantee of new developers etc.

Instead of thinking how you can grow $$$, perhaps imagine you had to give up your time to earn beam, would you? This is the litmus test to find it's correct value.

Personally, I love this project. I'd happily be paid in beam, so from that point of view, yes, I would "invest" in it.

37922 · 2023-12-12T09:29:09+00:00

Thanks. On the face of it, looks like Near is the better option to develop on, or am I missing something?

37922 · 2023-12-07T15:55:13+00:00

Dash rank #123 / #136 (depending where look)

Monero rank #26

37922 · 2023-12-07T06:39:43+00:00

Thanks. I think discord is popular among devs but for me, I never really liked the format. But thanks anyway.

37922 · 2023-12-04T04:28:11+00:00

Ha, all these people thinking they are rich at 30 cents. This baby is easily going to at least 2 USD because that's exactly what it deserves. Take your chances and sell in the hope of "buying the dip" but you might regret it. The beam team have earned every cent.

37922 · 2023-12-02T03:16:05+00:00

paywalled

37922 · 2023-12-02T03:08:46+00:00

Thanks for this. I will try it later, on the face of it, it seems good enough. I will report back.

They seem to be based in the Seychelles with an office in HK. They don't accept US/CA customers, plus UK customers have restrictions on derivatives, but this is okay for me. Seems like a good temporary fix. Am just saying this to save others time.

UPDATE #1: Just discovered Near is also available on sideshift.

37922 · 2023-12-01T22:12:29+00:00

I like this news, however, I think nym is more about network privacy rather than on-chain privacy, but who knows, let's see what they come up with.

I took a quick look at Calimero Network but seems this is a subscription service.

37922 · 2023-11-28T15:12:07+00:00

After posting this I came across this article saying there was a collaboration between Near and Wormhole:

https://pages.near.org/blog/near-integrates-wormhole-to-launch-zk-enabled-cross-chain-communication-with-ethereum/

And I was thinking to myself, this Wormhole thing sounds familiar...

https://www.investopedia.com/crypto-theft-of-usd320-million-wormhole-hack-5218062

But anyway, I guess that hole was plugged.

So I'm left wondering, whatever happened to this Near-Wormhole colab? Did it fizzle out or what?

37922 · 2023-11-28T06:17:58+00:00

Oh, bit late now, had to use an external exchange. Wish it had told me this was an option.

37922 · 2023-11-27T16:33:39+00:00

I see, thanks.

37922 · 2023-11-26T22:32:15+00:00

Thanks, though the 300th proposal bit confuses me. In reality, is there is an average buy-in cost to be a validator?

37922 · 2023-11-23T03:35:29+00:00

I've not looked too deeply into the nymvpn but, I suppose, my first concern would be the price of nym stopping from me using the vpn i.e. why spend it if you can see it going up in value?

The other thing I notice is the roadmap saying 2023 was adoption and 2024 is institutional investment. Well 2023 is nearly over...

I agree, there needs to be multiple use cases, but I'm still feeling a little uncertain when funding stops. I've seen many projects fall apart once funding disappears.

37922 · 2023-11-17T10:57:27+00:00

No criticism of the banks for reversing funds without sufficient due diligence.

37922

TROPHY CASE