Here are the main differences between Grin and Beam (there might be more
)
Beam:
- coded in C++
- "store of value" like Bitcoin, limited supply (252 800 000 BEAM)
- Equihash Proof of Work (PoW) algorithm
- 20% of Mining reward go into treasury
Grin:
- coded in Rust
- unlimited supply
- Cuckoo Cycle PoW algorithm
- no dev tax, only community funding
- very high inflation rate
I generally like the idea of the mimblewimble protocol an the "Confidential Transactions" but at the moment there' s too much hype for me about these coins.
I would stick with monero.
Didn't know mimblewimble is also coming to monero.