5 ms·
buzzwords I see. what does it do?
by anotheryou 9y ago
buzzwords I see. what does it do?
- jv22222 9y agoFrom the FAQ: The Orchid protocol uses an overlay network built upon the existing Internet, which is driven by a peer-to-peer tokenized bandwidth exchange. The orchid protocol is an open-source overlay network that runs on top of the Internet. Its fully decentralized, because rather than traffic being routed through central authorities—your ISP or your VPN—it’s instead routed randomly through a network of bandwidth contributors who sign up to share their surplus bandwidth and activate their Internet-connected device as a “node.” Users that want to access an uncensored Internet (bandwidth consumers) pay the bandwidth contributors in Orchid tokens through a peer-to-peer exchange. Because neither the traffic nor the payments can be monitored by central authorities, both contributors and consumers of bandwidth enjoy a fully anonymous, surveillance-free experience. Also of note: Who are the founders? Stephen Bell: Steve started companies in Europe, the U.S., and China before founding Trilogy VC China, where he spent 10 years backing Chinese seed stage startups. Brian J. Fox: Brian is an entrepreneur and open-source advocate, the first employee of the Free Software Foundation, and the author of the GNU Bash shell. Jay Freeman: Jay is a software engineer and the developer of the Cydia software distribution platform used on millions of jailbroken iOS devices. Gustav Simonsson: Gustav is an engineer and developer who helped launch Ethereum in 2015, working with core protocols, clients, and security auditing. Dr. Steven Waterhouse: Steven is an experienced investor and entrepreneur, having co-founded RPX Corp, led cryptocurrency projects at Fortress and Pantera Capital, and the Honeycomb product at Sun Microsystems. [Edit] I _think_ they are trying to create something like Etherium but for decentralized internet.
- floatboth 9y agoLike Tor, but with capitalism. Financial incentive for running relays.
- kunimu 9y agoIt's worth noting that a financial incentive does not necessarily equal capitalism; if one were employing wage labour then it would constitute a capitalist system, as the M-C-M' circuit would be fulfilled.