Keep an eye on Beldex
Get instant alerts for major price changes.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Beldex is on the decline this week.
The price of Beldex has fallen by 3.32% in the past 7 days. The price declined by 0.52% in the last 24 hours. In just the past hour, the price grew by 0.30%. The current price is $0.050598 per BDX. Beldex is 70.24% below the all time high of $0.17.
The current circulating supply is 0 BDX.
What Is Beldex (BDX)?
The is a privacy-based decentralized ecosystem developed to participate in secure anonymous messaging and transactions. The Beldex network also makes the footprints of online users completely anonymous through incentivizing network validators. is the of the Beldex network. According to the , the Beldex platform aims to develop a practical solution to the problems of scalability and privacy, within the network of technology. To achieve scalability, Beldex uses masternodes during the process. The are servers using the concept to validate transactions in the network by locking coins.
To ensure privacy within the network, the Beldex platform uses Monero's source code, along with a combination of ring signatures, stealth addresses, and RingCT. is a private, secure, untraceable, and decentralized digital currency. Ring signatures conceal the original sender's information with several inputs. RingCT is used to make the amount in a transaction completely anonymous, while a stealth address reflects an intermediary address used to hide user identity. These applications fulfill the platform's aim to create a scalable, privacy compact ecosystem. Also, to ensure a smooth ecosystem, the Beldex network introduced its native cryptocurrency, the Beldex (BDX) .
The presently offers incentive-based masternodes that use the POS (proof of stake) mechanism rather than . The token also focuses on developing an ecosystem where users can freely trade using the token without any middleman. According to the , to use the Beldex token, users can purchase or exchange the token against other cryptocurrencies or acquire the token by mining it within the Beldex network. Users can also the token within the Beldex network to generate additional income. Token holders can achieve this by running a masternode with peers or by themselves. The token reflects many different features:
Privacy: This is achieved with RingCT, which ensures transactions are always concealed. Sender and receiver addresses, as well as the transaction amount, are all disguised.
Security: This is achieved with masternodes, which safeguard transactions by validating them and preventing any attempt at double-spending.
Untraceable: The token achieves this structure by combining RingCT, stealth addresses, and the cryptonight algorithm, making it virtually impossible to trace transactions. is the name of the hash function used in the CryptoNote proof-of-work algorithm.
Unlinkable: This is achieved by creating end-to-end encryption for the transaction.
Masternodes: These are full nodes that save the complete copy of the Beldex blockchain and assist in its security by validating transactions.
Ecosystem: This refers to a set of products and services within the token ecosystem that helps hide individual online identities.
The unique features of the Beldex network, as mentioned above, help to create a solution for the scalable, private ecosystem that did not exist with any other blockchain technology.
History of Beldex (BDX)
The foundation of the Beldex blockchain network is based on Monero, from which the network and its cryptocurrency have been . The journey of the Beldex network began in 2018, and the network has many different products and services; some of them are Beldex browsers, wallets, bridges, etc. The of the asset was released on September 25, 2021. token has a total supply of 9.9 billion BDX.
How Are New Beldex (BDX) Created?
BDX tokens are private decentralized coins developed to resolve the problems with privacy and scalability on other blockchains. BDX tokens are mined using a proof-of-stake mechanism by verifying transactions made on the blockchain. Further, an additional Beldex token (BDX) can also be created by staking the tokens on the network.
Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.
What is the current price of Beldex?
The price of 1 Beldex currently costs $0.0506.
What is the market cap of Beldex?
The current market cap of Beldex is $0.00. A high market cap implies that the asset is highly valued by the market.
What is the all time high of Beldex?
The all-time high of Beldex is $0.17. This all-time high is highest price paid for Beldex since it was launched.
What is the 24 hour trading volume of Beldex?
Over the last 24 hours, the trading volume of Beldex is $1.09M.
What other assets are similar to Beldex?
How many Beldex are there?
The current circulating supply of Beldex is 0.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.