Express

Privacy Altcoin Beam To Execute Second Hard Fork in June 2020

Janelle Fox

Summary: After successfully completing its first hard fork in August 2019, Beam (BEAM), the privacy-focused altcoin, plans to execute its second hard fork in June 2020. According to an April 22 blog post, Beam’s second fork will occur at block 777,777, moving the network’s PoW algorithm over from BeamHash II to BeamHash III. The new algorithm will ...

After successfully completing its first hard fork in August 2019, Beam (BEAM), the privacy-focused altcoin, plans to execute its second hard fork in June 2020.

According to an April 22 blog post, Beam’s second fork will occur at block 777,777, moving the network’s PoW algorithm over from BeamHash II to BeamHash III.

The new algorithm will offer users fuller GPU card capabilities and unlock new features such as confidential assets, one-sided payments, and the support of privacy protocol, Lelantus Mimblewimble.

By Janelle Fox

Last Update:

Tags: ,,,,
Link: Privacy Altcoin Beam To Execute Second Hard Fork in June 2020   [Copy]
  • BitFuFu’s VP on Mining Leadership, Corporate Crypto Treasuries, the Stablecoin Act, and... 2 days ago
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 3 days ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 14 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 15 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 17 days ago
  • You need to login to comment.