Orchid is a decentralized, market-based system for anonymous communication and virtual private networking, including a bandwidth market where node providers stake tokens to advertise their services using the Ethereal blockchain and payment in OXT, Orchid's native cryptocurrency.
Orchids VPN services offer a decentralized, pay-as-you-go solution that allows users to access a server located in another geographical location, and rose the internet as if the device were in that area. The VPN encrypts and securely transports traffic across a larger insecure network, protecting users' data from hackers and advertisers.
In addition to their VPN services, Orchid has recently announced their decentralized storage initiative, Starched. Starched aims to solve issues in existing decentralized storage systems by providing a truly decentralized system with better incentive mechanisms. This initiative will focus on technologies such as erasure coding, which allows for the encoding of source data into redundant blocks for durable storage, ensuring data safety even if some of the storage providers fail.