The first hardfork

Development team focused on increased privacy cryptocurrency Beam announced the first hard forks. It is expected that the network update will take place on August 15 at block # 321321.

Beam First Hard Fork will be in Mid-August. Block Height 321,321. https://t.co/vzf8IEJfDq #mimblewimble #PrivacyMatters

– @Beamprivacy (@beamprivacy) July 16, 2019

Hardfork aims to switch from the Beam Hash I PoW algorithm to Beam Hash II, as well as to introduce the mandatory use of SBBS PoW for new cryptocurrency wallets.

In addition, the minimum transaction commission will be set at the level of 100 Groth [per BEAM – 100 million Groth], and support for relative temporary locks will also be implemented.

The developers urged wallet owners to upgrade the software to version 3.0, and to the miners to install the Clear Cathode 3.0 software. Binary files Node and Desktop Wallet, which will be updated to the new version every 30 days, will be released on July 17.

It is noteworthy that in terms of development activity on GitHub, the Beam cryptocurrency already occupies the 12th place among other digital assets.

#Beam @beamprivacy $ Beam Already takes # 12 in the world on GitHub among all cryptocurrencies. pic.twitter.com/B0nhsTbDM2

– CryptoMonk (@ CryptoMonk10) July 16, 2019

In April , the iOS wallet was introduced , after which Beam became available on all major desktop and mobile platforms, but at the moment the project does not support Mac OS Catalina.

Recall that earlier in July, Beam developers implemented support for atomic bitcoin and Litecoin swaps.

Note that the project has an active Russian-speaking community of miners and traders.

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