Chainlink-Powered Beam to Build Confidential DeFi
The most recent crypto-asset scheme using Chainlink’s oracle solution became Mimblewimble-based privacy coin Beam. Beam is a confidential and scalable stablecoin which ERC-20 bridge uses Chainlink’s oracle supply structure.
Beam supported confidential tokens back in June during the EE 5.0 issue by performing its 3rd hark fork.
DeFi Pulse informs that at the moment the TVL in different DeFi projects hits $12.5 B. At the same time, popular projects such as Compound and Maker don’t provide full privacy, which the board director of Beam Foundation, Guy Corem thinks is critical.
That's why the project Beam is making confidentiality immediately into its DeFi features. It will enable to write Dapps in various programming languages.
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