Beldex (BDX)

What is Beldex (BDX)?

Beldex officially entered the market in 2018. At this point, the platform begins to implement knowledge and usage of cryptocurrencies. From the early days of its launch, Beldex has conquered users by its prestige, safety and reliability. The platform attracts traders, crypto enthusiasts and even “newbies” trying to learn about the field.

The reason why Beldex exists until now is that the platform always maintains high-level security for users, providing a safe and optimal trading space.

Not stopping there, Beldex also "encroached" on the stock market. The platform becomes a decentralized application, providing a variety of financial services to investors. At the same time, Beldex has always maintained its mission of protecting users' data in any way.

Currently, Beldex is running on a cryptographic note protocol called Masternode Network. It is a utility tool capable of handling complex transactions using various solutions. Masternode is known as the new trend for future crypto projects.

Features of Beldex (BDX)

Masternode

Masternode is the core and most important platform for the Beldex ecosystem. This platform gathers nodes with the most powerful feature that helps to store an entire copy of the Blockchain. Besides, Masternode also helps to validate each transaction and secure the network. The more Masternodes, the stronger the Beldex network.

Masternode holders on Beldex are currently members of the platform's community. Besides, Beldex has also partnered with Evonodes Shared Masternode groups for staking activities. Accordingly, BDX coin is a Low Satoshi Masternode Encryption. Therefore, this coin has a very low input or blocking threshold for setting up a Masternode.

Private transactions

Basically, transactions on Beldex are based on the randomness of cryptographic protocols. Beldex's RingCT mechanism is capable of hiding the recipient's address for thorough identity protection. Beldex RingCT 10 input and output converters.

As a result, input and output transactions are verified but still ensure security. On the other hand, Ring Signatures will lock the private image with the transaction. So transactions will be authenticated without using the sender's Private Key.

In fact, coins need to use a variety of privacy protection techniques to anonymize transactions. However, this mechanism still faces scalability. Meanwhile, Beldex solved the scalability issues and made transactions truly private using a PoS solution.

From PoW to PoS

Previously, Beldex used the PoW consensus algorithm to confirm transactions. This is considered a popular solution that any crypto project used in the past. However, this mechanism is not capable of settling more complex transactions and causes the platform to consume quite a lot of energy.

Faced with this situation, Beldex cannot "turn a blind eye". The platform has decided to convert the PoW algorithm to PoS. As a result, the power consumption when processing transactions is optimized and more efficient. The rapid transformation shows that Beldex is a trendy platform that always embraces trends and wants to create the best user experience.

Roadmap

For more detailed road map information, please visit the link to learn more

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