The Coin Shark: Confidential Stock Token: A Short Overview of Beldex Coin

  • Friday, 22 February 2019 15:30
Recently, the creators of many exchanges began to issue their own tokens. The exchange, which will be discussed today is registered in Kuala Lumpur. Its developers decided to repeat the successful example of the well-known Binance exchange and release their own token Beldex coin. The fact is that there is very little information about this exchange on the Internet, that is why we decided to write this short Beldex review. What is the Beldex project? The creators of this project claim that their token will have the same level of confidentiality as the well-known Monero or Dash projects. It was mentioned above, there is not much information about the basic principles of the Beldex exchange on the Internet. The creators of the site claim that their brainchild is a symbiosis of a hybrid and centralized exchange. What does this mean in practice? If the exchange positions itself as a “hybrid”, this means that it has decentralized trading, but with a centralized confirmation mechanism. In other words, the site allows you to participate in peer-to-peer trading together with other users, but it still controls all transactions and can cancel them. Such exchanges can even manage user funds. The creators of Beldex claim that their exchange will have a convenient and advanced interface, a high level of security and support for most popular digital coins. How does Beldex Coin work? It may seem strange, but there is much less information about the exchange and the development team than about the token itself on the Internet. Beldex Coin developers position their coin as confidential. This means that users do not have the physical ability to find out the balance of someone else’s wallet or look at its transaction history. Beldex Coin is built on the CryptoNight encryption protocol, which is based on the CryptoNote algorithm. The blockchain token is decentralized, all users are granted equal rights. For more popularization of the project in the future, its creators want to issue a debit card. The Beldex growth prospects are difficult to evaluate since we have rather limited information about this project. According to what token creators say, the Beldex rate will show an increase of 10,281% in December 2020. Beldex rate online is 1 BDX = $0.1482. Conclusion As it is possible to see in the screenshot, the Beldex price chart has been monitored only since November 3, 2018, though this project was started to be talked about since April of last year. Source: https://neironix.io/zh/cryptocurrency/beldexAs it was mentioned above, there is extremely small information regarding this project. The developers themselves calculated the Beldex price for the next two years – according to them, the price of the token will show an increase of 10,281% in December 2020. It is worth noting that they did not specify on the basis of what they made this calculation. Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

Additional Info

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.

Disclaimer: As a news and information platform, also aggregate headlines from other sites, and republish small text snippets and images. We always link to original content on other sites, and thus follow a 'Fair Use' policy. For further content, we take great care to only publish original material, but since part of the content is user generated, we cannot guarantee this 100%. If you believe we violate this policy in any particular case, please contact us and we'll take appropriate action immediately.

Our main goal is to make crypto grow by making news and information more accessible for the masses.