Question 1

What is Orbs (ORBS)?

Accepted Answer

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.

Question 2

What is it used for?

Accepted Answer

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.

Question 3

Who created it?

Accepted Answer

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

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	ORBS-USDT ORBS_USDT	whitebit	BB	0.007335USDT	-0.85%	17,137,624.15ORBS	1,806	0.007398USDT	0.007488USDT
2	ORBS-USDT ORBS-USDT	okex	A	0.007367USDT	-0.41%	1,157,171.18ORBS	150	0.007397USDT	0.007479USDT
3	ORBS-USDT ORBS_USDT	gateio	A	0.007391USDT	0.26%	189,669.00ORBS	121	0.007372USDT	0.007425USDT
4	ORBS-USD ORBS-USD	okex	A	0.007063USD	0.00%	0ORBS	0	0.007063USD	0.007063USD
5	ORBS-USDT ORBS-USDT	kucoin	BB	0.007382USDT	-0.01%	96,276.00ORBS	58	0.007383USDT	0.007475USDT
6	ORBS-TRY ORBS-TRY	okex	A	0.3594TRY	0.00%	0ORBS	0	0.3594TRY	0.3594TRY
7	ORBS-EUR ORBS-EUR	okex	A	0.006551EUR	0.00%	0ORBS	0	0.006551EUR	0.006551EUR
8	ORBS-USDC ORBS-USDC	okex	A	0.007364USDC	0.00%	0ORBS	0	0.007364USDC	0.007364USDC
9	ORBS-USDT orbs_usdt	lbank	C	0.007391USDT	0.14%	45,466,950.66ORBS	84,680	0.007381USDT	0.007434USDT
10	ORBS-USDT orbsusdt	huobipro	C	0.007145USDT	5.10%	9,724,469.94ORBS	3,272	0.006798USDT	0.007334USDT
11	ORBS-KRW KRW-ORBS	upbit	B	10.00KRW	0.00%	5,685,486.01ORBS	213	10.00KRW	10.10KRW
12	ORBS-KRW ORBS_KRW	bithumbkorea	-	10.00KRW	-0.15%	4,980,101.99ORBS	279	10.01KRW	10.04KRW
13	ORBS-USDT ORBSUSDT	latoken	D	0.007322USDT	-0.83%	4,005,256.30ORBS	1,418	0.007382USDT	0.007448USDT
14	ORBS-USDT orbs_usdt	digifinex	D	0.007359USDT	-0.39%	147,886.40ORBS	68	0.007388USDT	0.007413USDT
15	ORBS-ETH ORBS_ETH	bilaxy	-	0.0₅2895ETH	13.78%	56,834.40ORBS	532	0.0₅2544ETH	0.0₅2925ETH
16	ORBS-USDT ORBSUSDT	bitrue	D	0.001420USDT	0.00%	0ORBS	0	0.001420USDT	0.001420USDT
17	ORBS-KRW ORBS_KRW	coinone	C	9.91KRW	-0.85%	3,596.37ORBS	1	9.99KRW	9.99KRW
18	ORBS-IDR orbsidr	indodax	E	130.00IDR	-1.52%	1,601.56ORBS	11	132.00IDR	135.00IDR
19	ORBS-BTC BTC-ORBS	upbit	B	0.0₇8000BTC	0.00%	0ORBS	0	0.0₇8000BTC	0.0₇8000BTC
20	ORBS-USDT ORBSUSDT	binanceusa	B	0.007250USDT	3.42%	449.00ORBS	1	0.007010USDT	0.007250USDT
21	ORBS-USDT ORBSUSDT	hitbtc	E	0.005963USDT	0.00%	0ORBS	0	0.005963USDT	0.005963USDT
22	ORBS-KRW ORBS-KRW	gopax	D	13.60KRW	0.00%	0ORBS	0	13.60KRW	13.60KRW
23	ORBS-INR ORBSINR	bitbns	-	0.3800INR	0.00%	0ORBS	0	0.3800INR	0.3800INR