Orchid: anonymous blockchain Internet browser

Private Internet project Orchid by Andreessen Horowitz, Blockchain Capital, Draper Fisher Jurvetson and many more
28 October 2017   1743

One of the most influential names in the cryptocurrency world are to work on the creation of a truly private Internet.

Andreessen Horowitz, Blockchain Capital, Compound VC, Crunchfund, Danhua, Draper Fisher Jurvetson, MetaStable, Polychain Capital, Sequoia and Struck Capital announce a $4.7 million investment in a new startup called Orchid Labs Inc. Among the co-founders of the project are Steve Waterhouse, Gustav Simonsson, Stephen Bell and Brian Fox.

This is about anti-surveillance and anti-censorship, the ability to not be tracked. We see this not just in China or the Middle East, but in this country, in states that are considered to be free. If you go back in history, there was a lot more concern about privacy on the internet before Facebook.
 

Steve Waterhouse
Pantera Capital

The man sees Orchid's token working within these margins, going so far as to suggest large internet applications such as Facebook could eventually become users of the tech to anonymize their own traffic.

As for the ICO, the Orchid token (CHI) will be issued on the Ethereum blockchain. However, as coindesk.com details, unlike other decentralized internet attempts, Waterhouse believes Orchid would offer software for the exit and routing nodes that form the network itself, marking a differentiator, in that the underlying infrastructure wouldn't be altered. In practice, users would use the Internet as they do today, but exchanging tokens with these nodes as a means of protecting their information from internet service providers (ISPs) and carriers, or providing it to an intermediary like a virtual private network (VPN).

You're paying to access the relay nodes and encrypt and anonymize the traffic, and all the way along the chain, the nodes are being paid.
 

Steve Waterhouse
Pantera Capital

According to the Orchid co-founder, it would utilize techniques to make Orchid protocol traffic indistinguishable from typical Internet traffic.

As reported, a beta launch is not expected until early 2018.

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TOP-3 Upcoming ICO 11.02 - 17.02 according to our readers

Let’s check which ongoing ICOs from 11th to 17th February are considered the best according to our readers
19 February 2018   118

Our readers are dedicated cryptocurrency enthusiasts and fans of blockchain technology. We provide them with the ability to express their opinion regularly. Let’s check top three ongoing ICO according to our readers.

1. Viola.AI

Harnessing on Artificial Intelligence, Blockchain and trustless Smart Contracts, Viola.AI is set to revolutionize the dating and relationship space in the world. She will be the first dating and relationship A.I. that evolves with the users - creating a global and borderless full loop solution from dating, courtship, relationship to marriage. With the capability to perform deep learning about each user’s personality, background and behaviour, Viola.AI can give them the most relevant and valuable advice, as well as proactively prompt couples before any important relationship milestones and help them solve their challenges early.

Viola AI team had postponed their tokensale. As we understand, this is absolutelly needed in order to get fully ready for the sale. We wish good luck to the team and we will keep our eyes on the project's future.

Public Sale of Viola AI will start on the 14th of March.

2. Thrive

Thrive is using a meritocratic, community-based system that rewards publishers and consumers all over the world. Thrive claims to be the premium decentralized advertisement marketplace you never realized you needed. Using the blockchain to create a safe, rewarding platform where users can buy and sell advertisement space, all the while also rewarding real-life consumers and reviewers who help make the system work, this is digital marketing taken to the very next level.

Thrive
Thrive

At the moment of press, € 8,019,646 raised during the presale! Good result!

3. REMME

REMME is the Distributed Public Key Infrastructure protocol with a set of DApps for Access Management. 65% of confirmed data breaches involve weak, default, or stolen passwords and cybercrime costs the global economy around $400 billion annually. REMME is building the distributed Public Key Infrastructure (PKI) solution, which prevents phishing, server and password breach, and utilize SSL/TLS protocol to protect the entire channel from attack.

REMME ICO
REMME ICO

REMME reached hardcap! 19343.1605 ETH raised!

Great result! We wish good luck for the team!

We will keep our eye on these campaigns and we hope that their projects will be successful. We are really grateful to our readers for your opinion expression. Please, check the new Top Upcoming ICO and take part in new poll!