Orbs is a decentralized and transparent network providing infrastructure as a service developed on the Ethereum platform. The project allows developers without deep technical knowledge to create decentralized Blockchain applications.
Orbs offer 3 breakthrough technologies:
- Randomized Proof-of-stake (RPoS) Mechanism: Allows transactions to be validated quickly and the Orbs network to be highly scalable.
- Virtual Chains: Provides the infrastructure that allows developers to build Blockchain applications on it.
- Cross-chain interoperability: Orbs' smart contract allows DApps on it to interact and access Ethereum's platform without leaving the platform.
ORBS is the official token in the Orbs network, used for the following purposes:
- Gas fee
- Pay for using the service, for example, Consensus, smart contract…
- Reward: For members or organizations acting as Validator Nodes.
- Name: Orbs Token
- Symbol: ORBS
- Platform: Ethereum
- Standard: ERC-20
- Type: Utility
- Smart Contract: 0xff56cc6b1e6ded347aa0b7676c85ab0b3d08b0fa