The live Orbs.comprice today is $0.139757 USD with a 24-hour trading volume of $1,766,910 USD. Orbs is up 3.82% in the last 24 hours. The current CoinMarketCap ranking is #172, with a live market cap of $311,651,480 USD. It has a circulating supply of 2,229,950,518 ORBS coins and the max. supply is not available.
Orbs.com (ORBS) is a cryptocurrency and operates on the Ethereum platform. Orbs has a current supply of 10,000,000,000 with 2,229,950,518.201359 in circulation. The last known price of Orbs is 0.13917976 USD and is up 3.15 over the last 24 hours. It is currently trading on 20 active market(s) with $1,763,841.00 traded over the last 24 hours.
Combining Orbs.com scalability, low fees and isolation between virtual chains with a first-grade developer experience, online IDE and smart contracts in familiar languages. Developers get the perfect mix of performance, cost, security and ease of use.
Virtual chains provide the feel and benefit of a dedicated blockchain while running on top of a shared physical node infrastructure, enjoying the security and decentralization provided by the shared environment as well as the isolation and customization provided by virtualization
Orbs.com Consensus on transactions of different virtual chains can be run independently, are sharded and run concurrently on separate resources. The ledgers of virtual chains can also be maintained independently and their compute can be performed in parallel. Moreover, the isolation of state for each virtual chain reduces the memory requirements of its virtual machine.
Each app operates its own virtual chain with inherent sharding
App developers choose their virtual chain’s consensus protocol and governance model
Autonomous governance and flexibility
Isolation from congestion in other virtual chains
Ability to start with a private instance and later switch to public without having to migrate blockchains.
The Orbs.com consensus model, Randomized Proof-of-Stake (RPOS), is both secure and fast. Small random committees are chosen out of a large validator set for each round of consensus. The large validator set and randomization ensure security and decentralization while the small committees allow consensus to be fast and highly scalable.
The Orbs implementation of this model is called Helix – a Byzantine fault tolerant algorithm which relies on the Orbs Proof-of-Stake ecosystem where Guardians and Delegators use stake to elect Validators.
Highly scalable to thousands of transactions per second
Speed is maintained and security increases as the number of nodes increase
Each virtual chain can choose its consensus model “flavor” – optimized for latency, throughput, fairness and cost-savings
Byzantine fault tolerance
Orbs.com smart contracts provide seamless cross-chain access to Ethereum state under consensus. This allows apps running on Orbs to leverage the power of Ethereum directly without leaving the platform.
An example of this technology is autonomous swap, a secure mechanism that allows developers to move part of the base-layer assets (ex: ERC-20 tokens) to run on Orbs for their utility while keeping other parts on the base-layer for trade.
Avoid painful token migrations when moving between blockchains
Developers can use their base-layer’s token ecosystem (wallets and exchanges)
Tokens can be kept on a Proof-of-Work base-layer for added security without the performance and cost drawbacks
Take advantage of the liquidity of the base-layer while using Orbs’ scalable production environment
Digital Trust at Scale
The Orbs.com Network is a public blockchain infrastructure designed for businesses looking at trust as a competitive strategy.
Built for business value
The practical blockchain solution. Predictable fees you can scale with. Isolation between apps. Smart contracts in any language.
Learn how communities collaborate on running decentralized apps together Join the Orbs open source community.
Orbs.com Learn how public blockchain can make your business more competitive Become a partner and join the Orbs ecosystem.
Ready today, geared for tomorrow
Test risk-free to find out if the Orbs technology stack is right for your needs.
Orbs.com Create a solution that drives real business value using a public blockchain stack.
Scale to multiple virtual chains to run parallel applications with millions of transactions.
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One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.