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Orbs

Orbs

ORBS
#412
$0.007363Down 0.29 percent($0.00)

Key Stats

Market Cap$36.82MDown 0.29 percent
Volume (24h)$594.11K
Fully Diluted Value$73.64M
Vol/Mkt Cap (24h)1.61%
Total Supply10.00B ORBS
Max Supply∞
Circulating Supply5.00B ORBS
Launch Date2020-11-22
Block Number26,128,443

Orbs Information

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InstrumentExchangeBenchmark DataPrice24h Change
OrbsUSDT logo
ORBS-USDT
ORBS_USDT
whitebit logowhitebit
BB
0.007392USDT
-0.08%
OrbsUSDT logo
ORBS-USDT
ORBS-USDT
okex logookex
A
0.007367USDT
-0.41%
OrbsUSDT logo
ORBS-USDT
ORBS_USDT
gateio logogateio
A
0.007403USDT
0.42%
OrbsUSD logo
ORBS-USD
ORBS-USD
okex logookex
A
0.007063USD
0.00%
OrbsUSDT logo
ORBS-USDT
ORBS-USDT
kucoin logokucoin
BB
0.007382USDT
-0.01%

About Orbs

Orbs is a hybrid blockchain infrastructure-as-a-service platform and cryptocurrency designed to provide businesses with the benefits of blockchain technology. The platform aims to provide scalable, secure, and low-cost services, paving the way for mass-market businesses to adopt blockchain. The ORBS token is used to pay for transaction fees on the platform and for staking in the network. Orbs was founded by Uriel Peled, Tal Kol, and Daniel Peled in 2017.

Frequently Asked Questions

Orbs (ORBS) is a hybrid blockchain infrastructure-as-a-service platform and cryptocurrency that is designed to provide businesses with the benefits of blockchain technology. The platform aims to provide scalable, secure, and low-cost services, paving the way for mass-market businesses to adopt blockchain.

The token associated with this platform is the ORBS token. This utility token plays an integral role in the platform's ecosystem and is designed to align the incentives of different participants in the network, including app developers, validators, and users.

About the Platform The Orbs platform is essentially a public blockchain infrastructure that was built for the needs of businesses, specifically those looking for scalability, performance, and a low fee structure. One of its primary features is that it allows businesses to use blockchain in a manner that is compatible with their existing systems, thus reducing the barrier to blockchain adoption.

The Orbs platform operates using a unique consensus algorithm called Helix, designed to ensure high levels of security and performance while still providing decentralization. It also offers a unique "virtual chain" concept, which provides each app with its isolated blockchain, enhancing privacy and reducing interference with other apps on the network.

The ORBS token has several uses within the Orbs ecosystem. It is primarily used to pay for transaction fees on the platform, similar to how Ether is used on the Ethereum network. Additionally, ORBS tokens are used for staking in the network, which provides security and helps maintain the platform's decentralization. Validators, who process and validate transactions, stake ORBS tokens to participate in the consensus process and earn rewards.

Orbs was founded by Uriel Peled, Tal Kol, and Daniel Peled in 2017.