Orchid (OXT) | live price, buy | BITmarkets
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What is Orchid?

Orchid is a decentralized, blockchain-powered VPN service designed to provide private, secure, and censorship-resistant internet browsing. Launched in 2019, Orchid allows users to access the internet anonymously by routing their traffic through a distributed network of bandwidth providers.

Orchid's native token, OXT, is used for bandwidth payments, staking, and network incentives.

How is Orchid useful?

Orchid enhances internet privacy and freedom by enabling users to bypass censorship, protect their data, and browse securely without relying on a centralized VPN provider. Unlike traditional VPNs, Orchid’s decentralized approach prevents single points of failure, reducing the risk of data tracking and security breaches.

Users can pay for VPN services per usage using the OXT token, while bandwidth providers earn OXT by supplying network resources, creating an open and trustless ecosystem.

How does Orchid work?

Orchid operates as a peer-to-peer VPN network, where users purchase bandwidth from a distributed pool of providers. Orchid uses probabilistic nanopayments, allowing users to pay for bandwidth on demand rather than through fixed subscriptions.

The OXT token is staked by bandwidth providers to ensure quality service and network integrity. By leveraging multi-hop routing, Orchid allows users to route traffic through multiple nodes for enhanced privacy, making it significantly more secure than traditional VPNs.

Orchid milestones

  • Launch of Decentralized VPN Protocol: Introduced a blockchain-based alternative to traditional VPNs.

  • Implementation of Probabilistic Nanopayments: Enabled efficient, pay-as-you-go bandwidth usage.

  • Multi-Hop Routing Feature: Enhanced user privacy by routing traffic through multiple nodes.

  • Expansion of Bandwidth Provider Network: Increased decentralization and service availability.

  • Cross-Platform Integration: Made Orchid available on mobile and desktop devices for wider accessibility.

Orchid continues to redefine online privacy, offering a secure, decentralized, and cost-effective VPN alternative for users seeking enhanced anonymity.

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