Beldex

Beldex is a Layer 1 blockchain project whose concept was developed and launched in 2018, built around the goal of private, confidential digital interactions on the internet. It targets individuals who want to exchange data and conduct transactions without exposing their activity, addressing the concern that most public blockchains leave transaction details visible to anyone. The ecosystem extends beyond simple transfers to include privacy-focused applications such as a chat client, a browser, a private network layer, and a cross-chain bridge.

Beldex uses the Cryptonight consensus algorithm, a proof-of-work scheme historically associated with privacy-oriented blockchains, though the project describes a subsequent transition toward a proof-of-stake model to improve scalability and reduce fees. Blocks are produced roughly every 2 minutes. BDX is the native coin that pays for transactions and activity across the network, and the ecosystem also supports masternodes, which are nodes that typically require staking a set amount of the coin to participate in network functions.

The data stored here does not include a specific fee revenue figure for the Beldex protocol, so no fee stream, fee recipient, or protocol earnings can be reported. What is recorded is that approximately 79.19 percent of supply has been issued at this point in time, with roughly 26.28 percent of additional supply still pending issuance relative to the tokens already in circulation, giving a fully diluted valuation that is about 1.26 times the current market capitalisation. The 24-hour turnover ratio sits at 0.38 percent of market capitalisation and the 30-day average turnover at 0.54 percent, both measuring how actively the circulating supply is trading relative to its total market value.