Orchid Protocol launches, ending internet surveillance and censorship.

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Orchid Protocol launches, ending internet surveillance and censorship.

The Orchid Protocol, once considered one of the top ten projects in 2018, is set to launch its mainnet and release the OXT token this month. This news has reinvigorated the long-dormant Orchid community enthusiasts.

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The official explanation of the Orchid Protocol is: The Orchid Protocol is an open-source network designed to end internet surveillance and censorship while protecting users' personal data from internet service providers (ISPs) or other entities.

In simple terms, the Orchid Protocol is a distributed virtual private incentivized network that allows the public to avoid any internet censorship and surveillance. It is decentralized in nature. Traditionally, users would connect to websites through a VPN. With Orchid, there will be many willing nodes in the network willing to rent out network services, and the Orchid Protocol brings them together through the "Orchid Market" to serve all users interested in using the network.

The nodes mentioned above refer to the points in the circles, with the circles representing the Orchid Market.

There is a high risk of our information being leaked from existing centralized servers on the internet, as seen in recent events like the Facebook privacy breach. While most people may not be concerned about their privacy being violated while using the internet, it is one of our fundamental rights that we should strive to protect.

As reported earlier, Twitter has established an independent team to develop a decentralized new standard architecture called the Blue Sky Project. Twitter has always been an open community where celebrities, politicians, and the general public like you and me can express their opinions. If Twitter were to become a tool manipulated by a country or organization one day, what would happen? I dare not imagine.

The Orchid Protocol has five founders, including entrepreneurs, technical experts, and blockchain experts. The team is strong, and from a capital perspective, it was a high-potential project in 2018. In October 2017, the company received a $4.7 million investment from A16z and Blockchain Capital, and its token sale raised $36.1 million, making it one of the largest token sales in the cryptocurrency industry in 2018.

Further Reading

  • What Does the Stagnation of Bitcoin's Active Users Growth Rate Mean?
  • Research Report: Blockchain in China Is Rapidly Maturing
  • Further Reading: Twitter Forms New Independent Team to Develop Decentralized Standard Architecture

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