Probabilistic Nanopayment

    A probabilistic nanopayment is a type of payment mechanism used on the Orchid blockchain platform, which is a blockchain-based VPN service provider. Orchid users purchase network bandwidth by making quick microtransactions in the Orchid utility token (OXT). Until OXT payments are consolidated and resolved, probabilistic nanopayments are used as placeholder transactions. Probabilistic nanopayments reduce costs while increasing network speed and transparency in Orchid’s internal transaction management system.