๐ Gem Project Analysis! ๐#Blockchain #Infrastructure Gem Project Orbs (ORBS) ๐
๐ Orbs โ pioneering public blockchain infrastructure for mass usage applications! ๐ซ๐
๐ Let's dive into key features and potential of #Orbs in this captivating thread! ๐งต๐
1๏ธโฃ Introduction and Overview: Orbs offers developers a blend of performance, cost-efficiency, security, and user-friendliness, driven by a decentralized protocol executed by permissionless validators.
2๏ธโฃ Technology and Feature: Combining proof-of-stake (PoS) efficiency with virtual chain infrastructure, Orbs empowers decentralized applications with maximized throughput and minimized latency, ensuring seamless operation.
3๏ธโฃ Whitepaper Analysis: It is a Hybrid decentralized blockchain combining PoS efficiency with virtual chain infrastructure. It provide Attractive solution for deploying secure, efficient, and cost-effective decentralized applications. Provides client and smart contract SDKs for simplified development.
4๏ธโฃ Use Case: ORBS token serves various purposes on the Orbs blockchain, including commission calculation and validator selection, ensuring network integrity and efficiency.
5๏ธโฃ Team and Leadership: Orbs was founded in 2017 by Tal Kol, Daniel Peled, Netta Korin, and Uriel Peled. Tal Kol is an experienced engineer and multiple-time entrepreneur and Orbsโ technology, engineering, and product strategy lead. Daniel Peled is Orbsโ president and a law, technology, and economics specialist
6๏ธโฃ Partnerships: Orbs has signed an MOU with Coinbit, a Korean cryptocurrency exchange with 600,000 active users and over 167,000 BTC in daily trading volume. It has also partnered with leading Indian company Perlin. Last year DWF Labs invested $10 Million in ORBS.
7๏ธโฃ Security and Audits: The Orbs network underwent a third-party audit conducted by Trail of Bits focused on its iris-scanning Orb technology. The findings indicated that the devices do not store personal information, except for iris codes, which are encrypted and uploaded for verification purposes.
8๏ธโฃ Tokenomics: With a fixed total supply of 10 billion and circulating supply of 4.30 billion ORBS tokens, the network utilizes a priming process for token generation.
9๏ธโฃ Exchanges: ORBS is actively traded on major exchanges including OKX, Kucoin, Gate.io, Binance US and many more ensuring liquidity and accessibility for users.
๐ Recent Developments: With a $10 million investment from DWF Labs and the launch of Orbs V4 protocol, Orbs Network showcases its commitment to innovation and growth in the blockchain space.
1๏ธโฃ1๏ธโฃ Conclusion: Orbs (ORBS) stands poised for continued growth, driven by technological advancements and strategic partnerships, shaping the future of decentralized applications and blockchain infrastructure.
