Orchid (OXT) Explained in 60 Seconds
Orchid (OXT) Explained

Orchid (OXT) Explained in 60 Seconds

By CryptoSlackers | CryptoSlackers | 2 Dec 2020


Orchid is a decentralized blockchain based peer-to-peer marketplace for VPN (virtual private network) providers and network users. OXT is Orchid's native cryptocurrency token that carries value and is used to purchase VPN bandwidth.

By using a traditional centralized VPN service, users are trusting that service with their data, and often times these services end up selling consumer data for a profit.

Orchid solves this problem by allowing users to connect to a multitude of different VPN providers, and switch your connection to another provider at any time to another provider.

This incentivizes VPN providers to offer fast, secure servers that don't collect personal data because users will simply switch to the best, most secure providers over time.

With Orchid, you only pay for what you use rather than a monthly fee. To start using Orchid, you can download the app from Orchid's website here: https://www.orchid.com/download 

 

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CryptoSlackers
CryptoSlackers

CryptoSlackers is a website, YouTube Channel, and Slack chat group focused on educational content and smart, responsible crypto investing.


CryptoSlackers
CryptoSlackers

CryptoSlackers is a website, YouTube channel, and Slack chat group focused on educational cryptocurrency content and smart, responsible investment strategies.

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