All of you heard about great $600,000 strategic investment from #Orbs Network to #Thena ❗
Very excited news ❗ But what do you know about Orbs Network?
Let's talk about.
Orbs is an open and decentralized blockchain. Picture it as a shared computer network, similar to Ethereum or Bitcoin , where everyone can participate. It uses #proof-of-stake (PoS) consensus and has special validators known as Guardians who oversee the network.
Key Points:
1️⃣ Decentralized Network: Guardians, acting like supervisors, ensure the network's security since 2019.
2️⃣ Proof-of-Stake: Guardians make decisions by staking Orbs tokens in contracts on Ethereum and Polygon. They can also receive additional staking power from the Orbs community.
3️⃣ Secure Elections: Orbs relies on Ethereum's robust security for trustworthy elections. It's the first Proof-of-Stake network not handling its own elections; instead, it leans on Ethereum for support.
In essence, Orbs enables people to collaborate on a Blockchain , leveraging Ethereum's security for fairness and reliability.
Thanks for reading 👍
