Orchid Labs Unveils Open Source Protocol to Fight Internet Surveillance and Censorship

The Orchid Protocol uses an overlay network built upon the existing Internet, which incentivizes people with unused bandwidth to share it with other users in exchange for payment in Orchid’s ERC20-compatible token.

The company says it is a more viable option than Tor and virtual private networks (VPNs), which have become increasingly difficult to access in places like China, and assures that central authorities won’t be able to monitor traffic or payments.

The idea originated from Internet restrictions Orchid Labs co-founder Stephen Bell experienced while living and investing in China, he told Axios. Bell, an entrepreneur with more than a decade of experience backing Chinese seed stage startups, joined hands with four other technologists, entrepreneurs and blockchain experts, including Steve Waterhouse, a former partner at Pantera Capital, Gustav Simmonson, an engineer and developer who helped launch Ethereum in 2015, and Jay Freeman, a software engineer and the creator of the Cydia software distribution platform, to found Orchid Labs and build the protocol…

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