Orbs is a public blockchain built for the needs of apps with millions of users
Token symbol
Smart contract blockchain
Team:
ORI ROTTENSTREICH - CHIEF RESEARCH OFFICER
ODED WERTHEIM - CHIEF TECHNOLOGY OFFICER
KFIR DAMRI - CHIEF STRATEGY & INNOVATION
Orbs is a public blockchain built for the needs of apps with millions of users, from SLAs to adjustable fee models to on-demand capacity.
Orbs is designed so that consumer application developers can focus on what they do best - creating decentralized apps that disrupt their industry and empower their users. We’re building a complete solution tailored for consumer apps, relying on our extensive experience in the consumer app space as well as insights from our design partners.
WHAT IS "CONSUMER READY"?
- A blockchain built for mass market B2C & B2B2C applications with millions of consumer end-users
- Designed to ensure an AWS-like experience for app developers
- Features developed with the consumer end-user in mind
Expert Review
Orbs consider itself as a very convenient addition to the Ethereum's technology and solutions. While Ethereum creates the whole ecosystem and base for dApps to be created, Orbs wants to bring the efficiency with tools allowing for features like scalability, low fees, liquidity and improved security. In order to provide dApps with fast transactions, Orbs came up with Virtual Chains and Randomized Proof-of-Stake (rPoS) system. Virtual chains optimize usage by allocating one virtual chain/lane per app, while rPoS chooses randomized number of nodes to reach consensus for each block. As the projects will need to run on both chains, an advanced cross-chain conversion called atomic swap will be used to conveniently move them between Orbs and Ethereum. The team is very big and has enough members and resources to easily develop and implement the idea. The whitepapers provide lots of information and technical aspects.
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