Orchid (OXT) is the native token of Orchid, a virtual private network powered by cryptocurrency (VPN). Orchid's basic concept is to employ blockchain technology to improve the existing VPN experience.
Orchid advertises itself as the world's first rewarded peer-to-peer privacy network, having launched in December 2019.
Its goal is to break down barriers to internet freedom by allowing anybody to buy bandwidth from any participating provider using bitcoin payments. This is accomplished by probabilistic nanopayments, which are made with OXT, an Ethereum ERC-20 standard token.
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