. What is Orchid (OXT)? Here is the Crypto Currency OXT Coin in All Details – In this article, What is Orchid (OXT)? We will answer the question and try to present details about the project.
The Orchid network aims to enable a decentralized Virtual Private Network (VPN) that allows users to purchase bandwidth from a global pool of service providers.
OXT is an ERC-20 token and is Orchid’s native utility coin. Token nodes are used for staking when they join the network as routing service providers and as a means of payment for users to purchase VPN services.
Orchid also allows users to purchase a pre-funded Orchid account using local fiat currencies.
Orchid uses probabilistic nano payments to ease onchian transaction costs for service payments.
Users can access the Orchid network and its VPN services through the Orchid App client on iOS, Android, macOS, Linux and Windows (planned).
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