Orchid is a decentralized VPN network built on Ethereum that allows users to browse the internet securely and privately. It uses blockchain-based payments to offer a decentralized and censorship-resistant solution to internet privacy.
OXT is the native token of the Orchid network and is used as a payment mechanism for VPN bandwidth and premium VPN features. Users can also earn OXT by providing VPN bandwidth on the network. OXT is an ERC-20 token on the Ethereum blockchain and can be stored in any ERC-20 compatible wallet.
Orchid offers multi-hop technology, which allows users to route their traffic through multiple VPN nodes, increasing the privacy and security of their internet activity. Users can also customize their VPN experience by choosing specific providers or countries from which to route their traffic.
The Orchid app is available on both iOS and Android, and users can purchase OXT tokens directly within the app using a credit card or cryptocurrency.
The network is built on a unique architecture that allows it to scale horizontally, meaning that as more users join the network, it becomes more decentralized and resilient.
The value of OXT tokens can be affected by various factors such as network adoption, demand for VPN services, and overall market conditions. As with any cryptocurrency, the value of OXT can be volatile and subject to rapid changes.