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| Orchid 
| #OXT
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| OXT Price: | $0.07 | | Volume: | $4.0 M | | All Time High: | $0.95 | | Market Cap: | $73.2 M |
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| Circulating Supply: | 979,779,111 |
| Exchanges: | 28
| | Total Supply: | 1,000,000,000 |
| Markets: | 34
| | Max Supply: | — |
| Pairs: | 51
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The price of #OXT today is $0.07 USD.
The lowest OXT price for this period was $0, the highest was $0.075, and the current live price for one OXT coin is $0.07474.
The all-time high OXT coin price was $0.95.
Use our custom price calculator to see the hypothetical price of OXT with market cap of ETH or other crypto coins. |
The code for Orchid is #OXT.
Orchid is 5.2 years old. |
The current market capitalization for Orchid is $73,226,554.
Orchid is ranking downwards to #278 out of all coins, by market cap (and other factors). |
The trading volume is big today for #OXT.
Today's 24-hour trading volume across all exchanges for Orchid is $4,015,118. |
| The circulating supply of OXT is 979,779,111 coins, which is 98% of the total coin supply. |
OXT is well integrated with many pairings with other cryptocurrencies and is listed on at least 28 crypto exchanges.
View #OXT trading pairs and crypto exchanges that currently support #OXT purchase. |
Orchid’s Privacy Network Launches
Today we are proud to launch Orchid, the first incentivized, peer-to-peer privacy network. We welcome you to get set up at Orchid.com and start using it today for trustless digital privacy. The network features components designed to work together: the Orchid app (for download on Android), the Orchid VPN client that runs in the app, and the Orchid digital currency, OXT (available on Coinbase Pro) that powers the network, connecting buyers and sellers of bandwidth in an open marketplace. But the most important part of the network, what will enable it to offer users unprecedented digital privacy, is you. We built a privacy network because we believe that by bringing people together who value digital privacy in a world where it’s becoming scarce, and by pooling resources like Internet bandwidth — not just as altruists, but as fairly incentivized market participants — we can simultaneously protect ourselves and our communities. Read the rest here: https://blog.orchid.com/orchids-privacy-network-launches/ Orchid’s Privacy Network Launches was originally published in Orchid Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.
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Orchid’s Network: Random Selection + Stake Weighting
The web of providers running the Orchid Server software constitutes the Orchid Network. We’ve chosen to build an algorithm utilizing random selection and stake weighting as the core rule set that determines how the user software picks a provider. Our design evolved from proof-of-work and considers both attack models and user experience.. — Like Bitcoin, Ethereum, and most other decentralized systems, Orchid is designed as an open network built from open-source software; anyone can download the Orchid node software and run as many nodes as their resources permit. The viable defenses against systemic attacks in an open decentralized system are ultimately economic — a system is secure to the extent that the cost of an attack to an attacker outweighs the benefits to that attacker, or is too costly to execute regardless. Decentralized systems use these security parameters to secure their networks and provide incentives by which miners or participants can earn in return. Most open blockchains today use one of two models: proof-of-work, which requires electricity; or proof-of-stake, which requires coordination efforts and governance. The Orchid Network is expected to use a derivative of proof-of-stake, called stake weighting, to authenticate peer-to-peer bandwidth agreements combined with Ethereum’s consensus to settle transactions. This means that bandwidth providers stake Orchid cryptocurrency for commercial use on ... 
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Orchid: A New Approach to VPNs
We’re building a next-gen VPN market powered by probabilistic nanopayments, with a design emphasizing these core tenets: scalability, decentralization, usability, simplicity, and extensibility.. — Orchid is a decentralized, market-based system for anonymous communication and virtual private networking, including a bandwidth market where node providers stake tokens to advertise their services using the Ethereum blockchain and receive payment in OXT (Orchid’s native cryptocurrency).Using a distributed system allows you, as a user, to distribute trust across multiple distinct VPN providers, thereby breaking apart the flow of your information so no single entity can see the entire picture. In the Orchid marketplace, incentives are used to create economic security and reliability between clients and servers in a permissionless way. This peer-to-peer marketplace is dynamic; clients can select single- or multi-hop onion routed circuits by selecting nodes randomly weighted on stake and filtered on secondary desiderata (price, location, etc.). A single hop route has the benefits of a normal VPN connection, creating a tunnel to route your traffic over a public network or your ISP, while a multi-hop connection provides additional privacy benefits by securing your network data from any one provider. Traditional VPNs today are limited; the centralized nature of their offering cannot compete with the distributed properties of com...
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Introducing Nanopayments
When you wake up in the morning and flick on a light switch, do you pause to think about how many tiny fractions of a penny that electricity costs? Or do you just flick on the light so you don’t bump your head? And if you could pay for other kinds of services the same way you pay for electricity — a tiny flow of resources that could be turned on or off at any moment — what possibilities would that open up? Orchid’s novel layer 2 scaling architecture for Ethereum uses probabilistic nanopayments to allow users to pay for services in just this way. Nanopayments are what they sound like: they are tiny, and you can turn them on or off at will. But unlike a monthly electric bill, nanopayments transmit value as they move. We’re using this core technology to power our bandwidth marketplace, which is intended to offer users of the Orchid App a new way to construct VPN routes and manage them — just like flicking on a light switch.Scaling payments on Ethereum with Orchid The Orchid Network’s bandwidth marketplace is two-sided, comprising buyers (Orchid App users) and sellers (Orchid Server operators). The exchange of bandwidth requires a high transaction throughput to support both basic service and payments. Payments are expected to be made at a per-packet level with high frequency. Ethereum’s layer 1 would be too slow and expensive to settle nano transactions at the level of bandwidth exchange required be...
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Pre-release Orchid App now available
Our initial feature is a local VPN traffic analyzer. The complete VPN service is coming soon.. — We’ve decided to distribute an early version of the Orchid app ahead of our network launch. This pre-release version analyzes network traffic on your phone and does not include VPN service yet (your IP address will not change). Visit Orchid.com/Download to get the apps now. One of the unique things about Orchid is its integration of cutting edge networking technology with cryptocurrency to create an incentivized network. This pre-release version allows us to test and audit our networking code on both iOS and Android prior to integrating the token and interfacing with the Orchid Network. Once we launch our network, we can update the Orchid App to provide complete VPN service. In its initial form, this app will only be focused on one thing: analyzing and reporting the hosts that the data on your device are connecting to. For now, our app includes the following features:Local VPN service providing network flow analysisAdvanced filtering to drill down on the data you care aboutIP address & port number for both source and destination It’s important to us that this app is both open source and localized to your device, meaning no third parties see your data and nothing leaves your phone. We believe that an Open Source approach embraces the core tenets of decentralization and provides the greatest opportunity to create ...
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The Commodification of You
How ISPs, apps, third parties, and websites are raking in the big bucks by tracking your clicks, emails, and purchases — and what we can do to control our digital identities.. — It’s ubiquitous and overwhelming. In our current system of the Internet, we’re asked to forfeit any modicum of privacy in a leveraged exchange, simply to access news, entertainment, and social interaction. While in the U.S. data mining is largely framed as a privacy issue, in Europe, the GDPR considers data collection a security issue. Realistically, they’re one and the same. You shouldn’t have to relinquish your right to privacy and security simply to access the online world. Take PayPal for example. In order to utilize their services for something as simple as sending $50 to a friend, you have to consent — whether you know it or not — to allow PayPal to share your personal data with over 600 companies. 600. From there, who knows what happens to your data? How do these companies use it? Do they sell it to even more third parties? And most importantly, how rigorous is the security of each of these companies? Because ultimately, while corporations in the U.S. see data harvesting in economic terms, for the end user, it’s a security issue. We’ve seen corporation after corporation — either willingly or mistakenly — spill our data and put us at risk over the last five years. So even if the companies harvesti...
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Why We Need a Better VPN
As dueling interests move to control the future of the internet, users around the globe are increasingly turning to VPNs. But what users don’t know is that many VPNs fail to provide the security and privacy that they advertise. It’s time for a product that we can trust — a truly decentralized solution that will deliver an open, inclusive internet free of censorship and data harvesting. In much of the world, we’re now well into our third decade of online connectivity. In Europe and North America, internet access is now nearly universal. In other nations, the possibilities of an online world are just emerging. But as access to the internet continues to expand around the globe, we’re seeing a troubling pattern: an increasing desire on the part of state actors and big corporations to own and control the internet. It should come as no surprise that authoritarian regimes want to restrict the internet. From their perspective, the availability of information on the internet poses the greatest threat to control since the advent of the free press. As Ray Bradbury wrote in Fahrenheit 451, “If you don’t want a man unhappy politically, don’t give him two sides to a question to worry him; give him one. Better yet, give him none.” This is the basic ethos of governments that embrace digital authoritarianism. And it goes well beyond stifling activists and dissidents. Under an authoritarian regime, anyone — journali...
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Open, unrestricted internet that’s owned by users.
Meet the Orchid protocol. A decentralized, open-source, uncensored internet.. — We’re open-source developers who believe in the power of collaboration and community. At Orchid Labs, we’re working to ensure that everyone on Earth has unrestricted access to information and communication on the internet, without surveillance or censorship. One of the founders of the web, Sir Tim Berners-Lee, once said “I imagined the web as an open platform that would allow everyone, everywhere to share information, access opportunities, and collaborate across geographic and cultural boundaries.” During the first days of the web, we used the internet as a communications platform to learn, express ideas, and build communities. The internet was a tool for freedom and collaboration. There were no limits — only possibilities. Berners-Lee’s dream of a collaborative, open-to-all internet has been replaced by today’s realities of government firewalls, ISP surveillance, and corporate data harvesting. Some of the brightest minds in the world lack access to Google and Wikipedia. And, in some countries, a blog post can get you jailed, or worse. Wherever you live, your personal data — your every click — is sold to the highest bidder. The internet doesn’t have to be this way. At Orchid Labs, we believe:The internet should be decentralized and free of censorship and surveillanceEveryone deserves access to the internet, r...
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