ORBS
-8.77%
($180.05 M)
40.13%
21.61%
16.98%
4.88%
2.39%
1.88%
1.52%
1.52%
1.51%
0.87%
Orbs merges useful components of public blockchains with attributes inherent in private blockchains. The distinctive feature of using Orbs is its potential in assisting businesses with implementing their tasks on a public blockchain, equipped with digital measures intended for verification. Accordingly, it tackles issues of reliability in larger enterprises, replacing sole reliance with a decentralized option. This approach provides different organizations with the option of deploying operations on a public blockchain while simultaneously upholding a sense of integrity similar to those found in private blockchains. The Orbs network operates based on a consensus algorithm that engages in network validation. The ORBS token is designed as the network's native token and serves various purposes. The platform's compatibility with Ethereum Virtual Machine (EVM) offers innovators the possibility to divert their preliminary efforts to the Orbs network. To provide a succinct picture of its framework, economic structure, and consensus algorithm, Orbs has, for all concerned, put forth an illustrative whitepaper. The project's source code is also available in an open format on GitHub for developers and parties that are interested. The platform is structured to control large transaction volumes with limited latency and allows for smooth integration with existing enterprises' infrastructure and developers' needs. Orbs has entered partnerships with multiple companies and organizations, including the likes of Hexa Labs, Ground X, a Kakao blockchain offshoot and Fusion, a distinct operational network. To sum up, the platform offers a level of integrity and applications that could be useful across diverse sectors such as finance, supply chain, and gaming.
The ORBS token has an integral role within the functions of the Orbs network. It is used for various activities within the network such as sustaining network operations and subscribing to network services. This network employs a distinctive approach of dividing operations between virtual and physical chains. This approach tries to ensure contract isolation and scalability to avoid network congestion. The platform also integrates delegated proof-of-stake (DPoS) consensus in an effort to improve transaction efficiency, therefore the ORBS token supports the overall goal of bettering the network's efficiency. An added characteristic of the network is a well-structured governance system, with the ORBS token being an essential part of the network's mission, which centers around appealing to proficient developers and bolstering the growth of decentralized applications on its platform.
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ORBS Metrics:
Current price: $0.0191
Market cap: $192.98 M
All-time high: $0.36 (Mar 16, 2021)
All-time low: $0 (Dec 20, 2019)
Daily trading volume: $39.65 k
470.08 k
We estimated the value of this pool based on the value of its stable/native coins.
Top pools
ORBS / WETH
$233.34 k / $234.95 k
ORBS / WETH
$885.82 / $911.85
In the last 24h, ORBS holders generated $40.47k volume.