Beldex 🚀🚀🚀What is VRF and How Does It Improve Consensus in Beldex
Greetings crypto folks 👋 Therefore, I was trying to explore the workings of the Beldex consensus mechanism (why not) and I came across something very interesting: VRF based consensus. You may find this mind-blowing a bit if you already know how Proof-of-Stake works in Beldex. And if you are not, then no stress, I will make it simple. Beldex is currently based on a PoS consensus but has this concept of a quorum which essentially is a team of 12 randomly selected nodes, these nodes are called ...
Beldex 🚀🚀🚀BelNet Clients, BelNet Namespaces, & MNApps
BelNet is an onion routing protocol. Like all onion routing protocols, BelNet anonymizes your internet traffic. However, most onion routers have some aspect of centralization or leak data in one way or another. We mean it when we say it’s an extremely arduous affair to build an onion router that doesn’t have a centralized registry of routers and exit nodes. Then, there’s the issue of security. If we’re not careful, issues such as DNS leaks and certain 0 day vulnerabilities can expose a person...
Beldex 🚀🚀🚀December 2022 Scheduled Release of BDX
The BDX allocated in various reserve wallets such as ecosystem development, seed & VC, team, marketing, legal are released pursuant to their release schedules. The following gives an overview of the scheduled release for December 2022 and the percentage of total funds held in these wallets.Ecosystem Development - 34.72%130680000 BDX was released on December 31, 2022. Remaining BDX in Ecosystem Development Wallet: 3437280000 BDX Seed & VC - 10%No BDX was released from the Seed & VC wallet, thu...
Empowering people's confidentiality | Building a confidential Web3 ecosystem with BChat, BelNet, Beldex Browser, and the Beldex Protocol
Beldex 🚀🚀🚀What is VRF and How Does It Improve Consensus in Beldex
Greetings crypto folks 👋 Therefore, I was trying to explore the workings of the Beldex consensus mechanism (why not) and I came across something very interesting: VRF based consensus. You may find this mind-blowing a bit if you already know how Proof-of-Stake works in Beldex. And if you are not, then no stress, I will make it simple. Beldex is currently based on a PoS consensus but has this concept of a quorum which essentially is a team of 12 randomly selected nodes, these nodes are called ...
Beldex 🚀🚀🚀BelNet Clients, BelNet Namespaces, & MNApps
BelNet is an onion routing protocol. Like all onion routing protocols, BelNet anonymizes your internet traffic. However, most onion routers have some aspect of centralization or leak data in one way or another. We mean it when we say it’s an extremely arduous affair to build an onion router that doesn’t have a centralized registry of routers and exit nodes. Then, there’s the issue of security. If we’re not careful, issues such as DNS leaks and certain 0 day vulnerabilities can expose a person...
Beldex 🚀🚀🚀December 2022 Scheduled Release of BDX
The BDX allocated in various reserve wallets such as ecosystem development, seed & VC, team, marketing, legal are released pursuant to their release schedules. The following gives an overview of the scheduled release for December 2022 and the percentage of total funds held in these wallets.Ecosystem Development - 34.72%130680000 BDX was released on December 31, 2022. Remaining BDX in Ecosystem Development Wallet: 3437280000 BDX Seed & VC - 10%No BDX was released from the Seed & VC wallet, thu...
Empowering people's confidentiality | Building a confidential Web3 ecosystem with BChat, BelNet, Beldex Browser, and the Beldex Protocol
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Our partnership with DWF labs has allowed us to gain an operating runway of a few years in return for the sale of a part of the BDX allocated for the seed & VC funding.
Our goal is to provide a private, secure, autonomous, community run ecosystem and the path to bringing that vision to fruition requires immense investment in terms of time, energy, and capital.
Thus, a part of the seed and VC funding will now be allocated to DWF labs to raise the required capital. Precisely, $25 M worth of BDX at the current price.
The coins will be vested over a period of 2 years from March 2023.
Seed & VC allocation: 990000000 BDX (10% of total supply)
Total Allocation to DWF Labs: 697000000 BDX (7% of total supply)
Thus, seed and VC wallet will be left with 293000000 BDX after the sale.
The primary objective of the investment is the research and development of the Beldex network, covering the day to day operational cost, marketing activities and adding more developers to the community.
The future funding rounds will be announced as and when they happen. They may or may not involve a token sale.
Beldex is on the lookout for strategic investment partners to grow together. For queries related to future investments and fundraising, please contact cmo@beldex.io
Follow us on
Telegram | Twitter | Discord | Facebook | Instagram | LinkedIn | Medium | CoinMarketCap
Our partnership with DWF labs has allowed us to gain an operating runway of a few years in return for the sale of a part of the BDX allocated for the seed & VC funding.
Our goal is to provide a private, secure, autonomous, community run ecosystem and the path to bringing that vision to fruition requires immense investment in terms of time, energy, and capital.
Thus, a part of the seed and VC funding will now be allocated to DWF labs to raise the required capital. Precisely, $25 M worth of BDX at the current price.
The coins will be vested over a period of 2 years from March 2023.
Seed & VC allocation: 990000000 BDX (10% of total supply)
Total Allocation to DWF Labs: 697000000 BDX (7% of total supply)
Thus, seed and VC wallet will be left with 293000000 BDX after the sale.
The primary objective of the investment is the research and development of the Beldex network, covering the day to day operational cost, marketing activities and adding more developers to the community.
The future funding rounds will be announced as and when they happen. They may or may not involve a token sale.
Beldex is on the lookout for strategic investment partners to grow together. For queries related to future investments and fundraising, please contact cmo@beldex.io
Follow us on
Telegram | Twitter | Discord | Facebook | Instagram | LinkedIn | Medium | CoinMarketCap
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