Orchid Price OXT

    About Orchid

    With internet privacy becoming such a hot topic in today's tense and overly-monitored online environment, the introduction of the Orchid coin made perfect sense, and it looks like it will become even more relevant as time goes on. Orchid is a Virtual Private Network (VPN) that has a cryptocurrency foundation. In other words, it may be described as an incentivized peer-to-peer privacy network. Trading under OXT, Orchid is an ERC-20 token that can be freely exchanged, although the platform encourages long-term holding for maximum value appreciation. It has a strong backing of experienced and respected figures in the world of finance and blockchain technologies as its founders. These co-founders include the CEO Dr. Steven Waterhouse (crypto, venture capital professional), Gustav Simonsson(network security expert), Brian J. Fox (online finance expert), and Jay Freeman(software development professional). There are 1 billion OTX tokens in existence, although 51.13% are held in the treasury for network incentivizing purposes. OTX is freely accessible on exchanges including BITTREX, Coinbase Pro, GEMINI, Bithumb, gate.io, CoinDCX, Kraken, and more. Based on current trends in the online privacy and geopolitics landscapes, OXT is looked upon as a solid investment option with a good future ahead of it.

    How it works

    Trading as OTX, the Orchid token is designed to bypass the restrictions currently preventing full internet freedom, allowing anonymous, untraceable communication and data transmission worldwide. Orchid (OTX) achieves this by facilitating crypto payments (probabilistic nano payments) to bandwidth providers from users who are willing to pay for it. Users will then have a bandwidth not centralized or tied to one internet provider, making data tracking and monitoring almost impossible. Users are not required to pay monthly or yearly fees, as happens with most, if not all, traditional VPN services. Instead, they will be required to pay user fees only when they connect to the service. Depending on how much OXT providers have staked, Orchid's directory will randomly connect users. OXT account can be used on Ethereum and is compatible with any other EVM-enabled chains.

    Release Time: 2019-12-18

    Orchid is a type of decentralized marketplace for those who require bandwidth and those who are willing to sell it. Orchid is the exchange currency they use among themselves.

    Orchid is a type of decentralized marketplace for those who require bandwidth and those who are willing to sell it. Orchid is the exchange currency th

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    Orchid Protocol is going multichain to drive down the cost of its decentralized VPN service.

    Orchid Protocol is going multichain to drive down the cost of its decentralized VPN service.

    A crypto VPN for now What else is there that can be decentralized? Well, everything, really.

    A crypto VPN for now What else is there that can be decentralized? Well, everything, really.

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