Beldex (BDX): D-Score 61/100 — Decentralized BlockIndex D-Score: 61/100 (Decentralized). Beldex (BDX) is a Layer 1 cryptocurrency using PoS consensus. Beldex: Privacy-first Layer-1 blockchain enabling confidential transactions, masternode PoS, BNS domains, privacy dApps, and cross-chain bridging. Source: https://blockindex.ai/coin/bdx · Data by BlockIndex.AI · Updated 2026-06-19 D-Score breakdown (0-100, higher means more decentralized) Component: Score: Overall D-Score: 61: Node distribution: 28: Initial distribution: 0: Governance: 15: Age and history: 13: Autonomy: 5: Key facts - Layer: Layer 1 - Consensus: PoS (N/A) - Launch: Other (2018) - Founder: Afanddy B. Hushni, Mr. Kim - VC funded: Yes - Max supply: N/A - Circulating: 7,738,334,772 Market data (as of 2026-06-19) - Price: $0.08 - Market cap: $637.26M - 24h volume: $9.5M - 24h change: +3.29% · 7d change: +68.08% About Beldex (BDX) is a privacy-first, native Layer-1 blockchain that launched in March 2018 and was designed to provide strong confidentiality primitives at the protocol level. The project evolved from a Proof-of-Work foundation with Monero-related lineage into a masternode-enabled Proof-of-Stake network following a consensus migration in December 2021. Beldex emphasizes transactional privacy—implementing RingCT-style confidential transactions, stealth addresses, and masked amounts to protect sender, recipient and value data. Over time the project has built an application layer of privacy-first dApps including BChat (a confidential messenger), BelNet (a P2P VPN), and a privacy-focused browser. The protocol also supports BNS confidential domain names and a bridge that enables a BEP-20 representation on BNB Smart Chain to enhance liquidity and cross-chain accessibility. From a technical and architectural perspective, Beldex combines cryptographic privacy primitives with a masternode-driven PoS validation model. The network requires a 10,000 BDX stake to operate a masternode, which provides staking, transaction validation and historical storage responsibilities. Following the 2021 migration from PoW to PoS, masternodes became central to consensus, aligning network security and incentives around staked operators rather than mining. The chain-level privacy features are core to the value proposition and differentiate Beldex within the privacy coin space: confidential transfers and stealth addressing are intended to preserve privacy for typical payments as well as application-level interactions for the privacy dApp stack. Beldex additionally employs selective fee-burn mechanics—fees from certain operations such as Flash transactions and BNS registrations are burned, which functions as a partial deflationary mechanism within the broader monetary policy. In terms of use cases and ecosystem applications, Beldex is positioned for private payments, private messaging, censorship-resistant VPN connectivity and privacy-preserving name services. The Beldex Bridge to BNB Smart Chain supports a BEP-20 wrapped representation of BDX that allows the token to be used in DeFi and DEX liquidity pools on BSC, enhancing accessibility for users who rely on EVM-compatible tooling. The on-chain privacy primitives are leveraged by the project’s dApp suite to offer end-to-end confidential experiences: for example, BChat aims to provide anonymous messaging built on Beldex confidentiality features, and BelNet targets private peer-to-peer VPN usage. Exchange listings across multiple centralized exchanges and availability of a BEP-20 representation broaden on‑ramps for users despite the privacy focus. Tokenomics detail in the provided sources shows a maximum supply in the neighborhood of 9.9 billion BDX and circulating supply snapshots in the mid-7 billion range (examples: 9,900,000,000 max supply; circulating snapshots such as 7,475,142,881 BDX and alternate snapshots exist). The project’s token allocation excerpts include ecosystem/treasury allocations as well as allocations labeled for seed/VC and team, indicating a non-fair-launch distribution. Explicit premine or PIP percentages were not documented in the provided files; distribution excerpts reference allocations (e.g., ecosystem wallet, seed & VC, team, marketing) but no clear single pre-issue percentage was labeled in the texts provided. Fee burn mechanics are documented for certain protocol operations and the masternode economics (10,000 BDX requirement) are a central design feature that affect supply locked for staking and the validator economics. Governance and organizational transparency in the supplied materials are limited: the combined summary references founder Afanddy B. Hushni (founder and chairman) and a co-founder/CEO referred to as Mr. Kim, but it does not provide a clear corporate registration, foundation name or a public, on-chain DAO governance mechanism. The network operates under a masternode/masternode-stake model that centralizes certain decision-making and validation responsibilities to staked operators. Development activity and dates beyond the core migration (December 2021) and the 2018 launch are not comprehensively documented in the supplied excerpts; many ecosystem dApps and features are referenced without precise release dates. Overall, Beldex represents a pragmatic privacy-led Layer-1 with a modest public corporate profile in the supplied materials, a masternode PoS security model, an ecosystem of privacy dApps, and cross-chain connectivity via a BSC bridge to broaden liquidity options. Links - Website: https://beldex.com/ - Whitepaper: N/A - GitHub: https://github.com/Beldex-Coin/beldex-explorer --- About the D-Score: BlockIndex.AI rates decentralization from 0 to 100 across node distribution, initial distribution, governance, age and history, and autonomy. Methodology: https://blockindex.ai/dscore