OXT

Orchid Protocol

EthereumLayer 1DePIN

Price
$0.008676
24h
+0.1%
7d
−5.8%
Market cap
$8.7M
24h volume
$179.3K

ethereum 0x4575f41308ec1483f3d399aa9a2826d74da13deb

Report

Orchid Protocol (OXT) is a smart-contract platform on Ethereum. 997.2M are in circulation, with no maximum. It ranks 1354th by market capitalisation among the coins tracked here. The project publishes its website, whitepaper, source and explorer.

The Orchid Protocol organizes bandwidth sellers into a structured peer-to-peer (P2P) network termed the Orchid Market. Customers connect to the Orchid Market and pay bandwidth sellers in order to form a proxy chain to a specific resource on the Internet.

Unlike more common methods for sending and receiving data from the global Internet, proxy chains in the Orchid Market naturally separate information about the source of data from information about its destination; no single relay or proxy holds both pieces of information, or knows the identity of someone who does. The structure of the Orchid Market further supports this separation of information by providing strong resistance against collusion attacks – the ability of a group of bandwidth sellers to overcome this separation of knowledge.

The Internet was originally an open platform where people could freely learn and communicate. Unfortunately, as the Internet grew it became a place where people could be monitored, controlled, and censored. We're building a new civil contract around a distributed marketplace for computation, storage, and bandwidth to provide the framework for a new form of digital citizenship.

Orchid Protocol's own description, via CoinGecko. We did not write it and we are not endorsing it.
Circulating
997.2M
Total supply
1.0B
Max supply
No cap

Supply as of 3h ago