Article • almost 7 years ago
Orchid Protocol: Paving the Way for an Open and Decentralized Internet
Summary
- Orchid Labs aims to ensure that every individual on Earth can have access to an open, decentralized, and uncensored Internet.
- The current centralized system restricts internet access for the majority of people, preventing free communication, collaboration, and access to information.
- The Orchid Protocol is an open-source overlay network that utilizes excess bandwidth on top of the existing Internet to provide unrestricted access to information and collaboration.
- Orchid combines surplus bandwidth, state-of-the-art encryption, and a decentralized infrastructure.
- Internet users can participate in peer-to-peer transactions using Orchid tokens on the Ethereum blockchain to exchange bandwidth for payment.
- The Orchid team consists of engineers, cryptocurrency experts, and technologists dedicated to creating a surveillance-free Internet.
- The protocol has gained support from investors and partners who believe in its ability to transform Internet access and privacy.
- By creating an alternative funding model and combining open-source technology with cryptocurrency, Orchid aims to transcend the current power structure of the Internet and benefit every Internet user.
- Orchid Labs invites individuals who share their ideals to join them in the mission to realize a better Internet.
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