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Exchange rate of ELU (ELU) to BEAM (BEAM)

1 ELU = 0.069390 BEAM


Quotation rate chart ELU (ELU):

Beam (BEAM) is a privacy-focused cryptocurrency and blockchain platform that was designed to offer private, confidential transactions. 

Beam employs the Mimblewimble protocol, a blockchain technology that focuses on enhancing user privacy. Through the use of confidential transactions and confidential assets, Beam transactions do not reveal transaction amounts or sender/receiver addresses. This provides a high level of privacy for its users.

Beam initially used a PoW mining algorithm called Equihash, similar to Bitcoin. However, in a subsequent upgrade, the Beam team replaced Equihash with BeamHash, a custom PoW algorithm.


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