Orchid Labs builds open-source VPN software, fostering an accessible, decentralized internet through its Ethereum-based bandwidth marketplace.
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Orchid Labs aims to create open-source tools that maintain a free and accessible internet for everyone. Founded in 2017, they are initially focused on developing an open bandwidth marketplace on Ethereum, along with a VPN client for various operating systems. The Orchid Network uses relay and bridge nodes that stake Orchid tokens (ERC20) to earn fees for providing bandwidth. A decentralized Ethereum smart contract stores the node list, making it accessible and editable by anyone globally. Users can use the Orchid App as a VPN on their phones or computers. The app uses a probabilistic nano-payment system to dynamically purchase bandwidth. Security is enhanced at each relay hop, exceeding traditional VPNs. No single relay receives personal information. Users can change providers based on s...
As of now, Orchid is trading at 0.071453 USD, with a 24-hour trading volume of approximately 174.42K USD. The OXT to USD price is updated in real time. Over the past 24 hours, Orchid has increased by 7.17%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 70.19M USD. Currently, there are 982 294 556.79799 OXT in circulation out of a maximum supply of 1 000 000 000 OXT.
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