"Beam is a privacy coin that aims to explore confidential DeFi. It utilizes the Mimblewimble protocol, which conceals the values and metadata of transactions while reducing blockchain bloating and improving scalability. With the latest implementation of LelantusMW, it aims to bring privacy and anonymity on all fronts. Beam's mission is to give users complete control over their money. The team is building a new blockchain to provide a confidential, decentralized, and usable store of value and medium of exchange and a strong self-governed community to develop further and support it."