Beldex is a privacy-based ecosystem of privacy-first decentralized applications (dApps). The concept of the project was developed in 2017, the ICO was announced in the spring of 2018, and the exchange was launched at the end of 2019. The Beldex project is committed to enhancing online privacy. BDX is a privacy coin and a utility token.

Beldex's mission is to provide a private environment where data can be exchanged securely. The project is focused on individual safety and true privacy with systematic research to ensure the privacy of individual transactions, thus the safety of users and the security of their funds are a priority.

BDX operates on the Beldex decentralized blockchain for performing secure and anonymous peer-to-peer (P2P) transactions, while the ecosystem supports secure and confidential dApps, among them: BChat, BelNet, Beldex Browser, the Beldex privacy protocol, and the Beldex bridge. Initially, Beldex was developed on a PoW architecture followed by PoS integration in order to increase the scalability of the BDX token, lower fees and reduce transaction times.

Beldex was launched in March 2018. The company is led by Afanddy B. Hushni, an investor and crypto economist with 20 years of experience in traditional finance. Hushni is the founder and chairman of Beldex International.

The co-founder is the CEO of Beldex known as Kim, who has extensive experience in privacy systems and cryptographic protocols. The core team of the project consists of Codeman-Crypto (cc) (the CTO of Beldex), Ziau (the CMO of Beldex), and Sanada Yukimura (the blockchain architect at Beldex).

Beldex solves some of the privacy and anonymity issues in the crypto space through its features. The RingCT protocol is responsible for the confidentiality of transactions, which disguises addresses of senders/recipients and other details of transactions, including the transfer amount. Due to RingCT, ring signatures and the hashing algorithm, CryptoNight, network transactions are almost impossible to trace.

To launch a masternode on the network and validate transactions on the proof-of-stake (PoS) Beldex blockchain, a user will need 10,000 BDX. By fulfilling this condition, a user acquires the right to stake BDX and verify transactions.

The ecosystem supports cross-chain anonymity and interoperability through the Beldex bridge, which is already integrated with BNB Smart Chain.

In order to curb inflation of the BDX token, Beldex applies a coin burn mechanism, which also involves Flash transactions performed on the second layer of the blockchain. Beldex offers its users a set of dApps with a focus on confidentiality, decentralized products include an anonymous private messenger - BChat, a private P2P VPN - BelNet, and a private Beldex Browser.

Beldex has a max supply of 9,900,000,000 BDX with a circulating supply of 5,329,258,963.95 BDX at the time of writing. The BDX tokenomics is as follows: Ecosystem Development - 40%; Circulation - 30%; Seed & VC Funds - 10%; Marketing Funds - 10%; Team - 6%; Exchange Liquidity - 2%; Legal Operations - 1%; Early Adopters - 1%.

Beldex is a privacy-based ecosystem that has inbuilt security features. The technology anonymizes transactions, addresses, data transfers, messages and online traces.

Beldex (BDX) was designed as a fork of Monero (XMR) with the integration of the Dash (DASH) privacy protocol - PrivateSend, the Zcash (ZEC) privacy feature - ViewKey, and its own custom privacy technology. In December 2021, the Beldex blockchain moved from a Proof-of-Work (PoW) consensus mechanism to Proof-of-Stake (PoS) to address scalability issues.

Currently, Beldex operates on the basis of the CryptoNight algorithm (developed within the CryptoNote protocol) with masternodes that are a significant contribution to functionality and scalability. Masternodes store copies of the blockchain, confirm transactions, and ensure network security. The fundamental part of masternodes are community members, so as the number grows, the Beldex reliability indicators also increase.

You can buy BDX on several crypto exchange platforms, some of which are: KuCoin, Gate.io, MEXC, Coinsbit, KoinBX, Hotbit and HitBTC.

Install the CMC mobile app to track prices of BDX in real-time.

The all-time high of BDX was 0.17158664 USD on 2019-11-18, from which the coin is now down 68.48061824218948%. The all-time high price of Beldex (BDX) is 0.17158664. The current price of BDX is down 68.48061824218948% from its all-time high.

As of , there is currently 6.68Bn BDX in circulation. BDX has a maximum supply of 0.

The current market cap of BDX is 361.26M. It is calculated by multiplying the current supply of BDX by its real-time market price of 0.054083048107.

The all-time low of BDX was 0.0145954 , from which the coin is now up 270.54858453348317%. The all-time low price of Beldex (BDX) is 0.0145954. The current price of BDX is up 270.54858453348317% from its all-time low.

Beldex (BDX) has a market capitalization of $361.26M and is ranked #181 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Beldex (BDX) price trends and patterns to find the best time to purchase BDX.