Create your unique Web3 ID with BANS: Beam Anonymous Name Service

Danai Raza

Published in

BEAM Privacy

4 min readJun 3, 2022

Welcome Beam Anonymous Name Service (BANS)

Greetings Beamers,

We’re pleased to announce the BANS DApp that will allow Beamers to create their own personalised identity for trading $BEAM and any confidential assets on top of the Beam blockchain.

BANS IDs are private-by-default and support all types of transactions(offline, online, public offline); simply receive funds on your BANS domain and withdraw them anytime to your Beam Wallet. Only the owner of the BANS ID can view the domain’s transaction history. Users that send funds to your BANS can only view details of their own transactions.

BANS IDs must have a minimum of 3 alphanumerical characters, e.g. alice.beam or bob.beam. The IDs are tradeable on the marketplace.

A user’s ID will simply unlink from their Beam wallet upon listing for sale on the marketplace. Any remaining balances under your BANS ID still belong to you and remain unaffected, even after the ID has been sold. Funds can be withdrawn to your Beam Wallet at any time.

Pricing

Users will be able to mint a BANS ID using the dedicated DApp located in Beam Wallet. Payments are made in $BEAM and 100% of the revenue collected is immediately deposited into the BeamX DAO treasury.

The price depends on the length of the BANS ID:

5+ character.BEAM names: $10 in BEAM per year.
4 character.BEAM names: $120 in BEAM per year.
3 character.BEAM names $320 in BEAM per year.

BANS IDs have a subscription duration of 1 year (in block heights). Initial registration can also be 1+ years, with the same flat price for additional years.

After expiration, BANS ID owners receive an additional 90 days to renew their IDs. Renewals are required when the initial registration expires, and are available for 1+ years.

Community Discussion

New features always bring out the creativity in Beamers that we’ve come to love & appreciate so much. Share your ideas about BANS in the Beam Initial Spec thread on the Beam Forum.

Some questions we’re currently discussing:

Should we support multiple top-level domains in addition to .beam?
Should we support subdomains at this point?
Can we make NFT as an image of your .beam domain? Example: https://www.one37pm.com/nft/how-to-make-your-nft-your-ens-profile-avatar
Should we add auction support similar to Ethereum Naming Service (ENS)?

Post-Discussion Finetuning

A big shoutout to everyone that answered our questions and gave constructive feedback! Beamers also made suggestions related to naming the service and pricing. [both of which have been reflected above & on the forum]

Forum Q&A after community feedback:

Should we support multiple top-level domains in addition to .beam?

Multiple domains that are not .beam will be enabled sometime in the future

Should we support subdomains at this point?

Answer: subdomains will be enabled in the future alongside multiple domains :)

Can we make NFT as an image of your .beam domain? Example: https://www.one37pm.com/nft/how-to-make-your-nft-your-ens-profile-avatar

Answer: An awesome idea! :) Research on how to achieve this is underway.

Should there be royalties for secondary sales?

Answer: No Royalties

Fair Launch

There will be a fair launch accessible to everyone (no signups, whitelists or team allocations).
The launch date will be announced a week before the contracts and DApp goes live on mainnet.
BANS IDs will be available on a first-come-first-served basis.

The initial specs for Beam Anonymous Name Service [BANS] are considered finalized. Any changes in the future to BANS specs can only be made by $BEAMX holders through proposal submission and on-chain voting via the BeamX DAO DApp.

Keep up Beam Anonymous Name Service [BANS] development on the gib here

What’s next for Beam?

BANS will sit in the R&D queue alongside other non-priority-yet-awesome features and be fired out in 2022. The Beam Team’s current focus is on the upcoming June 2022 hard fork that will introduce high-frequency transactions (HFTX) and also implement the outcome of BIP1 & 2 lowering the amount of $BEAM required for mint confidential assets to 10 $BEAM.