Beldex
BDX
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
Whale Pulse
Large transaction flow (>$10k)
No whale transactions >$10k detected recently for BDX.
AI Analysis
Comprehensive evaluation of the token
Beldex presents a polarized investment profile characterized by a sharp contrast between its strong technical execution and concerning community dynamics. The project excels in Active Development (9/10), evidenced by the successful deployment of the Bern and Hermes hard forks, a robust privacy ecosystem (BChat, BelNet, Browser), and consistent code activity. This is supported by a solid Security score (7.5/10) backed by a CertiK audit and a transition to Proof-of-Stake. However, the investment thesis is heavily impacted by the Community Support evaluation (3/10), which uncovers critical red flags regarding associations with Multi-Level Marketing (MLM) schemes and incentivized, rather than organic, engagement. While the Tokenomics (6.5/10) include beneficial deflationary burning mechanisms, the high concentration of supply in non-public hands poses centralization risks. Ultimately, BDX offers a functioning privacy-as-a-service platform, but its adoption drivers and reputational baggage necessitate extreme caution.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Beldex (BDX)
Beldex (BDX)
Beldex (BDX) is a privacy-focused cryptocurrency designed to enable secure, untraceable transactions on its own blockchain. By combining advanced cryptographic techniques and a dedicated network architecture, Beldex ensures transaction details remain confidential while maintaining decentralization and scalability.
Key Features
- Privacy by Default: Implements ring signatures, stealth addresses, and Bulletproofs to obscure sender, receiver, and transaction amount.
- Dandelion++ Protocol: Enhances network-level privacy by anonymizing IP addresses during transaction propagation.
- Subaddresses & Integrated Addresses: Supports unlimited subaddresses for improved wallet management and optional integrated addresses for streamlined payments.
- Masternodes & Treasury System: Secures the network, supports governance, and funds development through a built-in treasury mechanism.
Technology Stack
- Consensus: CryptoNote-based Proof-of-Work (PoW) with ASIC-resistant hashing algorithm.
- Wallets: Official desktop and mobile wallets, third-party integrations, and hardware wallet support.
- Explorer & APIs: Public blockchain explorer and RESTful APIs for real-time data and analytics.
Use Cases
- Private Payments: Confidential peer-to-peer transactions without third-party surveillance.
- Merchant Solutions: Privacy-centric payment processing for e-commerce and retail.
- Decentralized Apps: Foundation for privacy-aware decentralized finance (DeFi) and NFT platforms.
Symbol: BDX
For more information, visit the official Beldex website and developer documentation.