Orchid Protocol

Orchid Protocoloxt

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Genesis Date

N/A

Market Rank

#736

Based on Market Cap

What is Orchid Protocol

The Orchid Protocol organizes bandwidth sellers into a structured peer-to-peer (P2P) network termed the Orchid Market. Customers connect to the Orchid Market and pay bandwidth sellers in order to form a proxy chain to a specific resource on the Internet.

Unlike more common methods for sending and receiving data from the global Internet, proxy chains in the Orchid Market naturally separate information about the source of data from information about its destination; no single relay or proxy holds both pieces of information, or knows the identity of someone who does. The structure of the Orchid Market further supports this separation of information by providing strong resistance against collusion attacks – the ability of a group of bandwidth sellers to overcome this separation of knowledge.

The Internet was originally an open platform where people could freely learn and communicate. Unfortunately, as the Internet grew it became a place where people could be monitored, controlled, and censored. We're building a new civil contract around a distributed marketplace for computation, storage, and bandwidth to provide the framework for a new form of digital citizenship.

Orchid Protocol vs Stoic

It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.

There is no guarantee that In 5 years, OXT would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of OXT might derail its progress.

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The algorithm analyzes price data, returns, volatility, correlations, and other factors to identify coins that are likely to go up. It then rebalances the portfolio daily to cut losses early and take profits regularly. Stoic is a great alternative to researching coins and trading manually.

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