Beldex

Beldex (BDX) is a privacy-focused blockchain ecosystem aimed at securing the digital interactions of its users. The idea took shape in 2018, and the project went live that same year.

BDX is the coin of the ecosystem and is used for confidential transactions on the Beldex blockchain. The project describes its mission as providing a setting where data can be exchanged securely, with attention to user safety and the confidentiality of individual transactions.

Applications in the ecosystem include BChat and BelNet, along with a browser, a protocol layer and a bridge that carry the Beldex name. These are described as confidential decentralized apps.

The network was first built on proof-of-work. It later moved to a proof-of-stake consensus model, a change the project links to scalability, lower fees and faster transaction times.