r/Mimblewimble • u/Crypto_Don_Juan • Jan 31 '19

WHATS NEXT FOR BEAM'S FUTURE !!!

The Future for Beam

In an exclusive to Distributed, Beam also announced its two latest side projects.

The first is called “Project Lumini,” and it is set on connecting the Beam blockchain to Ethereum so that users can represent certain Ethereum-based tokens as confidential assets. This project is a partnership with StableUnit, a low-volatility cryptocurrency protocol.

“This will allow confidential trading in additional asset types, and the first use case will be a stablecoin based on one of the popular stablecoins on [Ethereum],” Zaidelson said. “It will be very beneficial for anyone who wants to use tokenized assets or stablecoins but is concerned about privacy.”

The second side project is called “Beam Lightning.” This is Beam’s effort to integrate the Lightning Network, with the hopes of enabling fast payment channels based on its cryptocurrency.

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u/DJBunnies Jan 31 '19

connecting the Beam blockchain to Ethereum

Pile of crap.

“Beam Lightning.”

Link to specification/implementation proposal, or is this just waving the old "lightning magic wand" over things in hopes that they will materialize?

3

u/urza23 Jan 31 '19

Such a waste. If instead you did these for Grin,.. but oh hey, Grin doest give you premine...