Orchid: anonymous blockchain Internet browser

Private Internet project Orchid by Andreessen Horowitz, Blockchain Capital, Draper Fisher Jurvetson and many more
28 October 2017   3735

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.

Brave Browser Start Paying BAT For Ads Viewing

Brave browser ICO was launched in 2017 by the creator of the JavaScript programming language and ex-Mozilla CEO Brendan Eich; it raised $35M in 30 seconds
25 April 2019   68

Users of the new Brave browser desktop version will finally be able to participate in the Brave Ads program.

Brave is developed by the creator of the JavaScript programming language and ex-Mozilla CEO Brendan Eich and is positioned as something more than a “ad-blocking browser”. The implementation of this idea is based on Brave Ads.

Users who decide to take part in the program will be able to receive up to 70% of the profits generated by the advertisements shown to them, TechCrunch reports with reference to the company's statement. Awards will be paid in the form of own tokens of the Basic Attention Tokens project (BAT), which users, in turn, will be able to share with the creators of the content they like on the network.

By default, donations to BAT will be transferred to owners of sites that a user visits most often, however, developers plan to realize the possibility of exchanging tokens for awards, such as vouchers for restaurant visits or hotel accommodations. Also, earned advertising tokens can be exchanged for other cryptocurrencies and Fiat through exchanges. If desired, users can continue to use Brave without receiving a BAT.

A lot of users don’t want to cash out [when they receive BAT]. It’s not a huge amount of value for most people, so they may prefer to just use it to give back. And that’s the real idea: A browser with the user steering it is replacing the ad tech complex.

Brendan Eich

Founder, Brave

BAT can only be used to reward publishers. Soon with their help, users will be able to buy additional content and, possibly, some products. The ability to withdraw tokens will be realized after the introduction of the user identification system.