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Orchid Stock

Orchid

OXT

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Orchid Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
AstralXOXT/USDT0.0516,964.6817,570.921.23 M0.19cex47/9/2025, 6:21 AM
GateOXT/USDT0.0539,711.4246,016.44322,253.880.01cex4407/9/2025, 6:23 AM
BinanceOXT/USDT0.0543,348.4548,036.86285,291.810cex610.177/9/2025, 6:23 AM
MEXCOXT/USDT0.0570,567.7166,407.01262,641.320.01cex4627/9/2025, 6:18 AM
BTCCOXT/USDT0.05217,840.86198,440.25259,427.470.05cex3437/9/2025, 6:18 AM
XXKKOXT/USDT0.05101,799.8451,582.15255,374.150.02cex537/9/2025, 6:21 AM
DeepcoinOXT/USDT0.0500204,469.340cex07/5/2025, 5:57 PM
CoinWOXT/USDT0.0574.7122.88115,433.670.01cex727/9/2025, 6:21 AM
WhiteBITOXT/USDT0.054,334.945,940.59109,619.820.01cex2217/9/2025, 6:18 AM
SuperExOXT/USDT0.054,019.424,087.42102,995.040cex17/9/2025, 6:18 AM
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Orchid FAQ

What is Orchid (OXT)?

Orchid (OXT) serves as the native token for Orchid, a virtual private network (VPN) powered by cryptocurrency. Initiated in December 2019, Orchid positions itself as the world’s first incentivized, peer-to-peer privacy network. Its objective is to circumvent internet freedom restrictions by enabling users to purchase bandwidth from any participating provider via cryptocurrency payments. This is facilitated through probabilistic nanopayments, which utilize OXT, an ERC-20 standard token on the Ethereum blockchain. Payments to providers are processed off-chain, helping Orchid to sidestep issues related to congestion and gas fees on the Ethereum network. The service operates on a pay-per-use basis, requiring users to contribute funds only when they connect, instead of committing to monthly or annual charges.

Who Founded Orchid?

Orchid's four co-founders hail from the blockchain and financial sectors: Dr. Steven Waterhouse, who serves as CEO, alongside Jay Freeman, Brian J. Fox, and Gustav Simonsson. Dr. Waterhouse is a prominent figure in the cryptocurrency realm, having co-founded the venture capital firm Pantera Capital, known for its investments in some of the industry's leading companies. Jay Freeman is noted for creating Cydia, an alternative app store for jailbroken Apple devices, which is currently utilized by approximately 30 million such devices. Brian J. Fox was instrumental in developing Wells Fargo's first interactive online banking system in the United States during the mid-1990s. Gustav Simonsson is one of the core security developers of the Ethereum network and contributed significantly to its initial launch in 2015. As per official documents, Dr. Waterhouse recognized the need for enhanced internet privacy after experiencing a SIM-swap attack, prompting him to delve into VPN technology research.

What Distinguishes Orchid? Orchid stands out in the rapidly evolving landscape of cryptocurrencies due to its unique features and innovative approach. As a decentralized VPN network, Orchid empowers users with increased privacy and security while surfing the web. This is achieved by allowing participants to use its native token, OXT, to pay for bandwidth on a pay-per-use basis, ensuring a fair and transparent system. Through its novel architecture, Orchid utilizes a peer-to-peer protocol, enabling users to route their internet traffic securely and anonymously. The dynamism of the Orchid platform is further enhanced by its distinctive use of blockchain technology, which facilitates decentralized network management and prevents any single point of failure. This robust framework ensures that user data remains confidential and protected from external threats. Additionally, Orchid integrates advanced privacy tools, such as multi-hop configurations, where traffic can be routed through multiple servers to bolster anonymity. For up-to-date information and detailed analysis of Orchid's market performance and metrics, Eulerpool provides comprehensive data and insights tailored to meet the needs of both seasoned investors and newcomers to the cryptocurrency space.

The primary concept behind Orchid is leveraging blockchain technology to improve the current VPN experience. By utilizing cryptocurrency-based probabilistic nanopayments, users can enjoy anonymous VPN usage that does not depend on a centralized server, thereby mitigating the risks associated with a specific country’s infrastructure. OXT, as a freely exchangeable ERC-20 token, also offers an incentive for trading, thereby enhancing the network value for owners. An additional feature allows users to buy so-called “Orchid credits” with fiat currency. In this scenario, OXT cannot be withdrawn or converted elsewhere, and can only be used with network providers. This feature caters to those who prefer not to engage in cryptocurrency transactions. Orchid's appeal extends beyond cryptocurrency users. Developers emphasize a rising trend towards internet freedom amid increasing geopolitical tensions and local restrictions. Web 3.0 technology is employed to create a version of an open internet, reminiscent of its initial concept when consumer access began gaining momentum in the early 1990s.

What is the Circulation Supply of Orchid (OXT) Coins?

OXT has a total supply of 1,000,000,000 (1 billion) units. There is no inflation; however, the potential for deflation exists through possible token burns, which are a regular network function. Of the total supply, 51.13% is allocated for network incentives (held in the Orchid Treasury) and other purposes. Investors received 17.3% through the seed Simple Agreement for Future Tokens (SAFT), 4.49% through SAFT 2a, and 3.38% through SAFT 2b. The remaining tokens will be distributed among four development teams. Various vesting schedules are implemented, depending on the purpose and destination of the tokens.

What Measures Secure the Orchid Network?

OXT is an ERC-20 standard token on Ethereum, with security risks primarily associated with an attacker's potential to harvest user data from the Orchid platform itself. Since the platform’s smart contracts used for payments contain minimal information, the primary vulnerabilities are generally user-related. As developers point out, involving third parties in token purchases to use Orchid — such as major exchanges — may eventually allow an attacker to ascertain a user’s identity by tracing transactions back to their exchange wallet.

Where to Purchase Orchid (OXT)?

OXT is available for trading on major exchanges, including Binance, Kraken, and Coinbase Pro. It can be traded against cryptocurrency, stablecoin, and fiat currency pairs. For more information on purchasing Bitcoin (BTC) and other cryptocurrencies, refer to Eulerpool to explore the available options.

Investors interested in Orchid are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.