Beldex. Is it really okay? @BeldexCoin Many people see the Beldex system and naturally think of Monero $XMR due to their common strong privacy features. And they soon arrive at one question: "Will it eventually follow the path of being delisted from major exchanges like Monero?" To put it simply, Beldex carries the same regulatory risks as Monero, but it is pursuing a completely different strategy for survival. ☠️Beldex vs Monero The reason Beldex is compared to Monero is clear. Beldex is derived (Forked) from Monero's codebase, sharing the core technological DNA (RingCT, Stealth Addresses) that implements privacy. This was discussed in detail in the previous post. 👇 The most important commonality here is that all these privacy features are applied 'mandatorily.' It is not a choice for the user; all transactions are fundamentally anonymized. This point guarantees Beldex's strong privacy while also being the reason that regulatory bodies and exchanges find it most burdensome. 🌈Beldex's Differentiation Although starting from the same starting line, Beldex has chosen a different path from Monero in two important aspects. - Transition of Consensus Mechanism: PoS and Masternodes While Monero operates on a proof-of-work (PoW) mechanism that maintains the network through mining, Beldex operates on a proof-of-stake (PoS) based masternode system. This not only enhances energy efficiency but also provides users the opportunity to stake BDX and directly participate in network operations, earning stable rewards. - Expansion of Ecosystem: 'Privacy as a Service' If Monero focuses on the function of 'anonymous currency' itself, Beldex focuses on building a practical service ecosystem based on privacy technology. Dapps like the anonymous messenger BChat or the decentralized VPN BelNet are the results of this. This makes BDX function as a 'utility token' for using actual services rather than just a means of value storage. 🌈Beldex's Survival Strategy So how does Beldex plan to overcome this risk? Their strategy can be summarized as 'reducing dependence on centralized exchanges.' Beldex is not a project that relies solely on price fluctuations on exchanges; it focuses on the actual use of BDX within its own Dapp ecosystem. As the number of users of BChat or BelNet increases, the actual demand for BDX arises, which serves as a foundation for maintaining the network's value without being listed on major exchanges. In other words, Beldex's core survival strategy is to build a 'privacy economy' that can sustain itself. In conclusion, while Beldex shares technological roots and regulatory risks with Monero, it envisions a different future by building a unique ecosystem of 'privacy as a service.' Whether this unique path can withstand the waves of regulation remains to be seen.