What is Probabilistic Nanopayment?

A probabilistic nanopayment is a specialized payment mechanism utilized on the Orchid blockchain platform, a blockchain-based VPN provider. Orchid users purchase network bandwidth by paying rapid-paced microtransactions in Orchid's native utility token (OXT). Probabilistic nanopayments are used as representative placeholder transactions until OXT payments are consolidated and resolved. Probabilistic nanopayments play a definitive role in Orchid's internal transaction management system by lowering costs and increasing network speed and transparency.