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What is OXT?

Crypto Terms Glossary: What is OXT?

OXT is Orchid's native utility crypto asset that helps facilitate Orchid's VPN-based blockchain network infrastructure and community. The Orchid network utilizes a payment mechanism called a probabilistic nanopayment for users to purchase bandwidth by paying in OXT. OXT is also used by VPN providers to stake to the Orchid network. Orchid is a peer-to-peer marketplace for virtual private networking (VPN) providers and users that allows any user of the network to purchase bandwidth from a participating VPN service provider.

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