Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BEAM | Mimblewimble | Private | Scalable | No ICO | No Pre Mine
by
CryptoBroker012
on 24/02/2019, 17:23:41 UTC
I heard thatthere is a team of developers behind this cryptocurrency... they get a part of the transaction fee for their work. I think this is absolutely ok... noone wants to work for free!
But I have one question: Does this mean this cryptocurrency is dependent on their team? If the team would stop working one day for some reason, would this cryptocurrency still work? Or would there then be problems, e. g. that the network would partially stop working, no more updates for security and so on... so without the people from this team... could beam survive as cryptocurrency?

Team are committed to making Beam a success. This scenario isn't going to happen.

Yes, I also think so... Team Beam does a good job and I believe there is a big need for this privacy coin. The best thing here is the low inflation rate - compared to Grin! it was just a theoretical question- I wanted to know if this cryptocurrency is fully dependent on this team or if other people also can add features, updates etc. to this cryptocurreny... ?