Orbs (ORBS) is a decentralized blockchain infrastructure that operates as an L3 execution layer to enhance EVM smart contracts. More
| Fully Diluted Valuation | $177.64M |
|---|---|
| 24H Trading Volume | $6.52M |
| 24H Low / High | $0.02 / $ 0.02 |
| Circulating Supply | 4.69B |
| Total Supply | 10.00B |
| Max Supply | 10.00B |
| Categories | Layer 3 (L3) 12 more |
|---|---|
| Founder | Daniel Peled 2 more |
| Website | orbs.com Whitepaper |
| Socials | 5 more |
| Chains | Ethereum Ecosystem 6 more |
| Explorer | Binplorer 9 more |
| Contracts |
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6 more
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| Name | Pair | OG Score |
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Orbs (ORBS) is a decentralized blockchain infrastructure created in 2017 by Daniel Peled, Tal Kol, Netta Korin, and Uriel Peled. It aims to improve existing blockchain solutions, especially for large-scale applications.
Main Features and Benefits
1. Decentralized Execution Layer:
Orbs operates as an L3 layer between current blockchain solutions (L1/L2) and the application layer. It enhances Ethereum smart contracts and supports Web 3.0, DeFi, NFTs, and GameFi.
2. Easy Token Transfer:
Orbs allows seamless token transfers between different blockchains, making it easy for developers and users to interact across multiple platforms.
3. Scalable Environment:
The platform offers a scalable environment designed for mass-use applications with low fees, high performance, and security.
4. Developer Ecosystem:
Orbs provides access to wallets, tokens, and exchanges, supporting a vibrant developer ecosystem.
Technical Details
1. Randomized Proof-of-Stake (RPoS):
Orbs uses RPoS for consensus, selecting validators through random committees to ensure security and decentralization.
2. ORBS Token:
The ORBS token is used for calculating commissions, incentivizing validators, and as the main payment method on the platform.
3. Ecosystem Roles:
Delegators: ORBS token holders who vote on network matters.
Guardians: Trusted entities responsible for network security.
Token Distribution
The total supply of ORBS tokens is 10 billion, allocated as follows:
55% for long-term reserves
20% for private sales
20% for the team and founders
5% for advisors
Conclusion
Orbs (ORBS) enhances existing blockchain solutions with its scalable, low-fee, and secure infrastructure. It supports a wide range of applications, making it a practical choice for developers and enterprises looking to leverage blockchain technology.
Orbs (ORBS) is unique for its decentralized execution layer (L3) that enhances Ethereum smart contracts and supports Web 3.0, DeFi, NFTs, and GameFi, allowing seamless token transfers between blockchains.
The founders of Orbs (ORBS) are Daniel Peled, Tal Kol, Netta Korin, and Uriel Peled.
You can buy Orbs (ORBS) on Bitget, Gate.io, OKX, HTXKuCoin cryptocurrency exchanges.
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