Youtor
S16 E8 Alex Romanov on Beam amp MimbleWimble
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=TLiBCczErmM
Launched on January 3rd 2019, a whole decade after Bitcoin, Beam is the first MimbleWimble implementation to hit the markets. Unlike its smiley cousin Grin, Beam is organized more like a start-up, was more efficient in raising VC funding, and appears to focus more on smart contracts and interoperability with other chains. • In this episode, Beam CTO Alex Romanov explains everything about the network: what it is, how it works, and what it aims to accomplish with the MimbleWimble technology. • Time stamps: • Introducing Alex Romanov (00:00:24) • Beam's Launch and MimbleWimble (00:00:50) • Alex's Journey to Beam (00:03:01) • Beam vs. Monero vs. Zcash (00:04:25) • Technical Aspects of Mimblewimble (00:07:12) • Unique Properties of Beam Transactions (00:09:31) • Blockchain Analysis and Pruning (00:12:15) • Misconceptions About Mimblewimble (00:13:12) • Responding to Criticism (00:14:21) • The Impact of the Ivan Bogatyy Incident (00:18:01) • Discussion on UTXO Attacks (00:20:21) • Dandelion Protocol and Transaction Origin Obfuscation (00:21:28) • Decoy Inputs in Beam (00:22:42) • Integration of Lelantus-based Solutions (00:23:46) • Overview of Beam Wallet Features (00:24:42) • Introduction to Beam's Smart Contracts (00:28:20) • Confidential Stablecoin: Nephrite (00:30:59) • Comparison of Privacy Protocols (00:33:35) • User Experience and Usability in Privacy Coins (00:38:23) • DAO Voting System (00:39:26) • Staking and Layer 2 Development (00:40:00) • Popularity of Privacy Coins (00:40:41) • The Evolution of Privacy in Blockchain (00:43:24) • Beam vs. Ethereum (00:46:20) • User Need for Privacy (00:48:17) • Social Shift Towards Privacy (00:50:13) • Comparison of Beam and Grin (00:51:19) • Decentralized GitHub on Beam (00:52:11) • Beam's Smart Contracts vs. Ethereum (00:55:14) • Beam Wallet Interface (00:55:46) • Atomic Swaps Asset Swaps Explained (00:56:22) • Native Swapping with Bitcoin (00:57:51) • Decentralization Concerns (00:59:01) • Messaging Layer in Beam Wallet (01:00:50) • Beam's Messaging System (01:03:53) • Maximum Anonymity Set Feature (01:10:47) • Exchange Withdrawal Addresses (01:13:33) • Long Addresses in Beam (01:14:29) • Roadmap Features (01:16:28) • Confidential DeFi Article (01:18:33) • Mining Beam with GPUs (01:22:01) • Community and Mining Pools (01:23:01) • Proof of Work vs. Proof of Stake (01:24:10) • Investment Pitch for Beam (01:25:12) • Funding Challenges in Privacy Projects (01:26:11) • Collaboration in Privacy Space (01:27:20) • Confusion Over Beam Tickers (01:29:30) • Final Thoughts on Beam's Development (01:33:36) • The Importance of Feedback (01:36:44) • Beam and Monero Bridge Collaboration (01:37:08) • Why not Build on Bitcoin (01:38:06) • Pruning the Blockchain (01:38:40) • Mimblewimble’s Harry Potter References (01:39:51) • Marketing Challenges in Crypto (01:43:20) • Price Action and Exchange Listings (01:44:10) • Need for Deeper Analysis (01:46:27) • The Scams Narrative (01:46:37) • Innovation through Competition (01:50:08) • Usability Challenges in Crypto (01:52:50) • Positive Features of Beam Wallet (01:54:05) • Local First Design in Beam (01:54:27) • Ethereum Wallets and Features (01:55:21) • Local Application Architecture (01:55:53) • Hardware Wallet Integration (01:56:20) • Decentralization Goals (01:56:56) • Privacy vs. Usability Trade-off (01:57:08)
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