Beldex Price (BDX)

Beldex (BDX) Price Now

Beldex price today is $0.0814 with a 24-hour trading volume of $11,558,102. BDX price is down -0.2% in the last 24 hours. It has a circulating supply of 6.68Bil BDX coins and a max supply of 9.92Bil.
In order to search for real-time and historical information about Beldex (BDX) blockchain, including data related to blocks, transactions, addresses, and more, you may use Beldex (BDX) block explorers. Here are some of the most popular and useful Beldex (BDX) blockchain explorers out there:

• explorer.beldex.io

What Is Beldex(BDX) Coin?

Beldex is a mined proof-of-work coin with master nodes as a mining opportunity for the community. Originally a fork of Monero, Beldex has integrated the PrivateSend privacy protocol from DASH and a few more key privacy features like ViewKey from ZEC to improve the original privacy, as well as its own configurable privacy technology.

Why Beldex?

Privacy in communication and transactions was often left out as lofty necessities in the past, however, there is a great degree of awareness among individuals about their privacy as global digitization continues to expand. Blockchain is thought to solve this problem. The early adopters of crypto assumed that a blockchain transactions could not be traced back to their origins. However, this false perception was soon debunked when a lot of blockchain analysis firms emerged with solutions for tracing blockchain transactions. This also applies to Bitcoin transactions. Most crypto transactions do not hide the number of transactions, the sender or receiver addresses and their balances. Coins such as Monero and other private crypto attempted to solve the problem of privacy. Monero, especially, remains an anonymous cryptocurrency with a strong foundation in privacy. But even privacy blockchains were met with issues of scalability in proof-of-work consensus. Moreover, even if a coin does support privacy, it may not support a wallet or an ecosystem. This adds to the deanonymization of transactions. For example, if there are no decentralized wallets, the user of a private coin may have to rely on a centralized wallet to store their coins. An institution with sufficient information about the inputs and outputs of a wallet can perform analysis to find information pertaining to a transaction, also known as an EABE attack. Beldex proposes a unique, viable solution to the problems of privacy, scalability, and ecosystem.

What Are the Beldex(BDX)'s Core Advantages?

• Untraceable Roots - Like Monero which uses RingCT, Beldex too uses RingCT network type but with a higher size of RingCT.
• Confidential Transactions - Transactions are completely anonymous and private.
• Airdrop - If an individual takes a certain amount of crypto in the wallet they get a specific number of rewards in terms of the same coins.

What Are the Features of Beldex(BDX)?

• zk-SNARKS: Zero-knowledge proofs to enhance privacy, security, and scalability of DApps.
• Ethereum Virtual Machine (EVM): Integrating EVM to build permissionless, private smart contracts and Web 3.0 applications
• BNS Domains: Human readable Beldex domains connected to your wallet address.

What Is B-Chat？

B-Chat is an anonymous messaging application that routes messages using BelNet. With modern day applications such as WhatsApp and Signal, messaging has become end-to-end encrypted. The Signal protocol , especially, has proven to offer a greater degree of privacy than the former. However, end-to-end encryption does not offer complete privacy as the data is ultimately stored on a centralized data centre. Centralized data centres are susceptible to attacks due to their centralized nature. They are also sparsely protected against government policies and intervention. There's no preventing a government or an authority from mandating centralized messaging applications to share user data. This takes away the privacy that is offered by these applications. B-Chat introduces routing of messages through the BelNet, a decentralized Virtual Private Network (dVPN). The decentralized VPN, the BelNet, ensures that messages are routed to their destination through the shortest possible node distance while encrypting them at each hop. The minimum hop length is set as 3, not counting the origin and destination nodes. This prevents a dishonest node from sabotaging the message as it only receives an encrypted form of the message to begin with. Messages can be sent by the sender even if the receiver is online or offline, with the help of Beldex Secure Masternodes. When the receiver is online, the message packets get routed through the masternodes. The secure Masternodes act as the routing channel when user A wants to send a message to user B. The Masternode determines the shortest possible distance over which the message can be routed on the routing channel. To do this, the origin node (node where the message originates) gets the destination nodes information from the distributed decentralized directory stored by the Masternodes. Then, it establishes a safe route while checking for available bandwidth and traffic congestion. It then transmits the message, which gets encrypted at each node hop and a minimum of three node hops are required for each message packed. The message is received by the destination node which in turn relays it to the user B. When the user B is offline, the closest node, or the destination node, stores the message and relays it when they return online.

Where Can You Buy Beldex(BDX)?

Investing in Beldex can seem complicated, but it is much easier when you buy Beldex through cryptocurrency exchange. Signing up for a cryptocurrency exchange will allow you to buy, sell, and hold Beldex — both for fiat money and other cryptocurrencies. Some of the most popular Beldex cryptocurrency exchange are:

• MEXC Global
• Hotbit
• Coinsbit
• HitBTC
• STEX

Please check Beldex(BDX) token address If you want to buy or sell Beldex(BDX) on dex exchange. Beware of scams!
Click here to view Beldex(BDX) price in different crypto exchanges.

Beldex (BDX) Community

• FaceBook: https://www.facebook.com/beldexofficial
• Twitter: https://twitter.com/BeldexCoin
• Discord: https://discord.com/invite/Hj4MAmA5gs
• Medium: https://beldexcoin.medium.com/
• Telegram: https://t.me/official_beldex