Orchid takes a new approach to digital privacy with the first peer-to-peer, incentivized privacy network. On the network, anyone can buy and sell bandwidth using the Orchid digital currency (OXT). Users can browse privately and access content without being limited by their geography. With its decentralized design, multi-hop architecture, and Open Source ethos, Orchid offers users unprecedented digital privacy in a trustless context.
Orchid offers a decentralized VPN service built on the Ethereum network and powered by the Orchid network. The network consists of users on one hand who want to access the VPN services and bandwidth providers that are running network nodes and providing the bandwidth on the other hand. To bring those two together and align their interests, Orchid has issued the orchid token (OXT). The token allows users to pay for services on the go, and bandwidth providers stake Orchid tokens as a reward for acting as a network node.
Swyftx has lower spreads and cheaper trading fees when you buy Orchid Protocol, than our closest competitors.
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