Beldex is a private ecosystem consisting of decentralized applications. The Beldex privacy coin (BDX) is a utility coin of the Beldex private ecosystem.
Beldex is a private ecosystem consisting of decentralized applications. The Beldex privacy coin (BDX) is a utility coin of the Beldex private ecosystem.
February 23, 2023
Beldex coin transactions are based on the improvisations to the cryptonote protocol. A one-out-of-many proof (RingCT) is used to obfuscate the sender, while stealth addresses are used to protect the identity of the receiver. The Beldex RingCT uses 10 transactors’ inputs and outputs. Thus, the original input and the output can be verified on the whole, however, the sender’s input and output remains confidential. Ring signatures, on the other hand, lock the key image associated with the transaction, thus, they allow for a transaction to be validated without the private key of the sender