What is Orchid ? (OXT)
Orchid is software that seeks to incentivize a network of computers to set up and maintain a decentralized virtual private network (***).
The main purpose of this cryptocurrency is to overcome the limitations of the Internet by using cryptographic payments. This is done by paying cryptocurrencies to each person to buy the desired band.
These payments are made on the Ethereum platform, where regular payments are made to the providers of each network. This service allows OXT to avoid gas costs on the Ethereum network.
A widely used tool for routing web traffic, ***s enable users to change the way the data they generate travels across the Internet, hiding details about browsing and data transmission. This can have advantages for users, especially those looking to bypass local networks.
However, ***s can still pose security risks to users. Notably, users should be confident that their *** provider is not stealing, spying or improperly accessing, compromising or monetizing their data.
Orchid aims to provide a solution to this trust problem by distributing its *** functionality across a network of users on the Ethereum blockchain. Specifically, it aims to build a program designed to prevent users from leaving a data trail when browsing
apps and websites.
source: https://coincupdaily.com/what-is-orchid-oxt/
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