What is Beldex (BDX)?
Beldex is a cryptocurrency designed to support a decentralized, privacy-focused network for digital communication and transactions. The project began in 2018 with the goal of creating a secure environment for data exchange within the Web3 space.
The Beldex ecosystem prioritizes data confidentiality and secure user interaction. It enables the development of decentralized applications (dApps) that maintain privacy standards, including tools like BChat, BelNet, the Beldex Browser, Beldex Protocol, and the Beldex Bridge. These applications function within a system that emphasizes secure data transfer and anonymous communication.
BDX is the native utility coin of the Beldex network. It is used to process private transactions and power various services across the platform. The project initially operated on a Proof-of-Work (PoW) model but later shifted to Proof-of-Stake (PoS) to improve network efficiency, lower transaction costs, and handle higher throughput.
Beldex was founded by Afanddy B. Hushni, who brings experience from the finance sector and currently serves as chairman. The company’s CEO and co-founder, known as Mr. Kim, has a background in cryptographic systems and secure computing.
BDX has a total supply of 9.93 billion coins, with approximately 7.47 billion currently in circulation. The live price of BDX is available and updated in real-time on Binance.