You may be familiar with the privacy coin Monero (XMR). Peer-to-peer transactions is not as private as you’d like them to be.
Anyone can look to see that a Bitcoin transaction was made and how much a person may hold. Well, privacy coins want to give you a little more privacy.
Beldex Coin (BDX) takes privacy to the next step by developing an ecosystem of products that protect your privacy. It is the first privacy coin to develop an ecosystem that has many interesting upcoming products like BChat, BelNet, Beldex Browser, and Beldex Privacy Protocol.
Beldex is a proof-of-stake crypto that has masternodes providing users with validation rights. Yes, the stakers of BDX will have the right to validate the transaction. And then everyone will get rewards on the basis of queue.
In PoS upgradation, the rewards have increased and transaction time has been reduced. So users can transact BDX in a few seconds. Beldex uses three key elements to ensure users have privacy. It uses:
Ring Signature: used to obscure the sender
Ring Confidential Transactions: allows verifying the transaction without revealing the transaction amount
Stealth Addresses: protects the identity of the receiver
Mr. Afanddy Bin Hushni, is the Chairman of Beldex International Inc. Here is an interview of him at the World Blockchain Summit.
Beldex Price
The cryptocurrency is currently $0.089 and has fluctuated between $0.079 to $0.09 in the past 30 days according to CoinMarket Cap.
