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Decentralized VPN Gaining Steam At 100,000 Users Worldwide (#GotBitcoin?)

Tachyon, a blockchain-based ecosystem built with the help of proof-of-stake creator, Sunny King, already has 100,000 entities using its VPN. Decentralized VPN Gaining Steam At 100,000 Users Worldwide

Blockchain-based ecosystem, Tachyon, has a decentralized virtual private network, or VPN, hosting 100,000 users as of April, according to V Systems chief architect, Sunny King.

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“Tachyon has started open pilot testing,” King told Cointelegraph in an April 25 email. “Features are introduced step-by-step,” he said, adding:

“I’m delighted that Tachyon VPN has just reached 100,000 users globally this month and I believe that eventually it would enable a vibrant VPN service marketplace for the world.”

Tachyon And V Systems Go Hand In Hand

Pseudonymous proof-of-stake, or PoS, creator Sunny King is the chief architect for a blockchain infrastructure outfit called V Systems. King helped Tachyon get off the ground during its early days. “Tachyon is the first major V System enabled ecosystem project,” King said.

In general, standard VPN’s let users surf the web without exposing their location, calling on various networks to mask a user’s true IP address — the information gathered about each computer’s location and activity.

“Tachyon is designed as a VPN services marketplace,” King explained. “It creates the necessary infrastructure for service providers and users to participate in a highly decentralized VPN marketplace.”

The Endeavor’s Team Holds Prior VPN Expertise

With team members holding significant prior knowledge and background in the VPN world, Tachyon looks to harness decentralized tech for higher levels of privacy and security, King said.

V Systems looks to grow blockchain’s capabilities using cloud and database technology, King said. Tachyon appreciates this outlook, constructing its solution on top of V Systems’ blockchain and jointly working with the outfit.

“The V Systems team including myself have provided and continues to provide blockchain infrastructure and technology services and solutions for Tachyon,” King included.

Tachyon first released its whitepaper to the public back in September 2019. Blockchain itself has also come a long way since Bitcoin’s creation roughly a decade ago, and is gaining more mainstream adoption by the day.

Updated: 7-9-2020

Orchid Labs CEO Says New VPN Seeks To Enhance Privacy Rights

U.S.-based company launched a VPN app for iOS users after witnessing a surge in VPN services demand across the world.

On July 9, peer-to-peer bandwidth market company, Orchid, announced the official launch of its crypto-enabled VPN app in the Apple App Store. This move comes after the company witnessed a record-breaking demand for VPN services across the world.

iOS users will now be able to use Orchid Network’s services amid the current fight against government surveillance in places like Dubai, China, and Hong Kong.

One of the major features of Orchid’s VPN is that bandwidth providers are compensated with Orchid’s own digital token, OXT.

Strengthening Users’ Internet Privacy

Speaking with Cointelegraph, Dr. Steven Waterhouse, the CEO of Orchid Labs, went into details about the major motivations behind the expansion of Orchid VPN services across more platforms:

“Orchid’s mission is to enhance the global human right to internet privacy. Orchid has been available to the crypto industry for some time, so the launch of the app is really about bringing privacy to a wider audience. The app even allows for users to make in-app purchases of the crypto-backed credits needed to access the network, so it’s no longer required for users to bring their own OXT (although they still can).”

OXT Token Usage In The Platform

Dr. Waterhouse clarifies that with their latest iOS release, users don’t have to buy OXT on an exchange in order to use Orchid. Instead, they can simply download the Orchid app in the Apple App Store and buy credits for in-app purchases.

Orchid Lab’s CEO Also Added:

“Orchid users can now use Apple Pay to purchase the OXT-backed credits needed to access bandwidth. Having our own digital asset we can create incentives for our community to grow as well as solve technical hurdles like nanopayments.”

Looking ahead, the Orchid team told Cointelegraph that they will be focused on bringing the app to more people around the world:

“We are growing our communities globally and have expanded our reach with listings on Coinbase, Gemini, OKEx, Bittrex, Kraken, CoinDCX, MXC and others.”

Updated: 8-24-2020

Tachyon VPN Reaches 1 Million Users In Just Six Months

The app is among the top 5 most popular DApps in the world and it is available for both Android, iOS, and macOS users.

Tachyon Protocol, a blockchain-based network set up by proof-of-stake creator Sunny King, reported its decentralized virtual private network, or VPN, reached 1 million users worldwide last week after only six months.

The VPN has seen tremendous growth since May when Cointelegraph reported it reached 100,000 users.

According to the website, Tachyon VPN allows users to bypass internet activity restrictions. It provides many features such as a P2P network without central nodes, multi-path routing to prevent single-point attacks, protocol simulation to disguise traffic in transit and free access to Facebook, Netflix, Spotify, and other platforms.

About Tachyon Protocol

Tachyon VPN is part of the Tachyon Protocol project that includes applications such as the internet of things, decentralized finance (DeFi), storage in addition to other applications. The goal of the Tachyon Protocol project is to provide secure, secure, and private internet for users.

According to the website, technologies such as distributed has table (DHT), blockchain, user datagram protocol (UDP), and encryption were used to build the project.

Tachyon Protocol (IPX) has ranked among the top 100 cryptocurrencies on CoinMarketCap with a $23 million market cap. IPX, the native token of Tachyon Protocol, is based on v.systems blockchain with 1 Billion total supply. IPX has been listed on global exchanges like Bithumb, HitBTC, Hotbit, and OceanEx.

Tachyon released its white paper last year.

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