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The Beldex project aims to create a full ecosystem of cryptos. Centered on the Cryptonight protocol with master nodes, it has developed its own coin. It is also establishing its cryptocurrency exchange where the Beldex coin would serve as the currency of the network.
The Beldex team is on track to launch the exchange in Q4 of 2019 with a working alpha in development. Initially serving the APAC area, then spreading globally, Beldex fulfils a real consumer need for a user-friendly hybrid exchange where people can trade in cryptocurrencies and have a high level of token utility.
Beldex exchange: a centralized/decentralized hybrid exchange incorporating anonymity, peer-to-peer exchanges, a wide variety of coins and trading pairs, and Beldex coin and wallet integration. Echo trading is a way to allow new traders to experience experienced traders' returns.
Beldex 's price is $0.082906 USD today, with a $367,403 USD 24-hour trading volume. In the past 24 hours, Beldex is up 0.87 percent. The existing CoinMarketCap rating is # 234, with a $81,266,543 USD market cap. It has a circulating stock of BDX coins, 980,222,595, and the max. There's no supply available.
In November 2018, the opening price of Beldex was Rs. 4.68 INR and volume available for Indian crypto traders Rs. 1,617,813 INR.
In December 2018, the price of Beldex was Rs. 8.62 INR and volume for Indian crypto traders 1,420,09. INR.
In January 2019, the price of BDX was Rs. 8.27 INR and volume available for crypto traders Rs. 2,663,550 Inr.
And In December 2019, the price of Beldex Coin was Rs. 7.74 INR and volume for cryptocurrency traders Rs. 52,202,760 INR.
In January 2020, the price of Beldex Coin (BDX) was Rs. 7.68 INR and volume Indian cryptocurrency traders Rs. 23,601,256.
In October 2020, the price of Beldex Token (BDX) is Rs. 6.33 INR and volume for Indian traders Rs. 28,235,413 INR.
Untraceable Roots - Like Monero which uses RingCT, Beldex too uses RingCT network type but higher size of RingCT.
Conditional Transactions - Transaction will be done only if the specified conditions are met.
Airdrop - If an individual, stake a certain amount of crypto in the wallet they get a specific amount of interest in terms of the same coins.
Trustworthy - If owner reports fraudulence and the suspected receiver is unable to justify the transaction, that particular transaction alone is revertible by the decision of the review tribunal
BASIC PARAMETERS - Beldex difficulty target(blocktime): 120 Seconds Difficulty Algorithm: Zawy LWMA Hashing Algorithm: Cryptonight Conceal Elliptic curve: Curve25519
MASTER NODES Although Beldex implements novel changes on top of the CryptoNote protocol, much of Beldex’s networking functionality and scalability is enabled by a set of incentivised nodes called Master Nodes. To operate a Master Node, an operator time-locks a significant amount of Beldex and provides a minimum level of bandwidth and storage to the network. In return for their services, Beldex Master Node operators receive a portion of the block reward from each block.
BLOCK REWARD Distribution of block rewards in Beldex is conducted through proof-of-work, a robust and well studied system for the creation of blocks and the ordering of transactions. Miners collect and write transactions into blocks and collect fees for doing so. As a consensus rule in Beldex, each block contains multiple reward outputs of which only one goes to the miner. The Beldex block reward is set to a constant value as 2 BDX.
Mining Reward: As well as collecting transaction fees, 10% of the block reward is awarded to the miner that constructs the block