Articleover 5 years ago

Orchid: Decentralized and Market-based Anonymous Communication and VPN

Orchid: Decentralized and Market-based Anonymous Communication and VPN
Summary
  • Orchid utilizes a decentralized marketplace where node providers stake tokens to advertise their VPN services.
  • Users can distribute trust across multiple distinct VPN providers, increasing privacy and preventing any single entity from gaining complete access to user data.
  • Traditional centralized VPNs cannot offer the same level of security as multi-hop VPN routes provided by combining multiple different providers.
  • The system employs staking to align incentives against operator malfeasance and neutralize sybil attacks.
  • Orchid's technology is modular, employing smart contracts on the Ethereum blockchain for secure and economically sound operation.
  • The Orchid protocol is designed for high-performance networking and is built on top of WebRTC, allowing users to access remote network resources and pay for them using Orchid's native cryptocurrency.
  • Orchid servers maintain registration information and metadata in a stake registry and provider directory for decentralized discovery.
  • Clients can efficiently select bandwidth-sellers' nodes using a two-step process: random relative stake-weighted linear selection followed by secondary constraint filtering.
  • The Orchid App offers advanced functionality, including the ability to analyze network traffic and configure multi-hop configurations with multiple providers.
  • Orchid employs a probabilistic nanopayment system to facilitate decentralized payments on a per-packet basis, enabling low transaction costs.
  • The Orchid Market is a decentralized network where users can purchase bandwidth from sellers to form a proxy chain to specific online resources.
  • Orchid aims to give users more control over their privacy and data, while also creating demand to support a healthy marketplace.
  • Future developments may focus on traffic analysis resistance, payment anonymity, improved double-spend detection, traffic obfuscation, and more.
  • Orchid believes that a peer-to-peer marketplace and decentralized architecture on the Ethereum blockchain can empower individuals in the face of increasing government and corporate control over online interactions.

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