Deep Dive
1. Bulletproofs++ Integration (9 July 2025)
Overview:
Beldex upgraded its cryptographic framework with Bulletproofs++, a zero-knowledge proof system, to optimize confidential transactions. This reduces proof size by ~30% and verification time by ~25% compared to earlier versions.
Technical Details:
The proveRangeBulletproofPlus
function generates compact range proofs, ensuring transaction amounts remain hidden while validating their legitimacy. This minimizes blockchain bloat and enhances network efficiency.
What this means:
This is bullish for Beldex because it strengthens transaction privacy while lowering costs and improving scalability—key for adoption in privacy-sensitive use cases like decentralized finance (DeFi). (Source)
2. EVM Compatibility Research (Q1 2024)
Overview:
Beldex is researching Ethereum Virtual Machine (EVM) integration to enable smart contracts and interoperability with Ethereum-based dApps, while retaining privacy features.
Technical Details:
The team is developing a hybrid architecture combining Beldex’s Cryptonote protocol (for privacy) with EVM compatibility. This involves creating shielded smart contracts that execute confidentially.
What this means:
This is neutral for Beldex until execution. Success could attract DeFi developers seeking privacy, but technical complexity poses risks. (Source)
Conclusion
Beldex is prioritizing privacy and scalability with cryptographic upgrades like Bulletproofs++, while exploring EVM integration to broaden utility. Will these updates help Beldex carve a niche in privacy-centric DeFi?