The Orchid network aims to enable a decentralized Virtual Private Network (VPN), allowing users to buy bandwidth from a global pool of service providers.
OXT is an ERC-20 token and is Orchid's native utility token. The token is used for staking when nodes join the network as routing service providers, and as a medium of payment for users to acquire VPN services. Orchid also allows users to buy a pre-funded Orchid accounts using native fiat currencies.
Orchid utilizes probabilistic nanopayments to alleviate onchian transaction expenses for services payments.
Users can access the Orchid network and its VPN services via the Orchid App client, which is available on iOS, Android, macOS, Linux, and Windows (planned).
Orchid (OXT)
A Decentralized Virtual Private Network.
Sep 21st, 2020