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0.91300000TRY
+1.67%
$0.02663342฿0.00000040Volume(24H)$320.23
Today
Low:0.02580600
High:0.02898130
Yesterday
Low:0.88800000
High:0.93800000

Market information

Market Cap $117,153,842.53
Global Volume(24H)$48,873,258.95
All-Time Low$0.00504087
All-Time High$0.35555400
Initial Price$0.1
ROI
-73.3666%
Circulating Supply 4,387,157,110 ORBS
Circulation Percentage 43.8716%
Max Supply 10,000,000,000 ORBS
Total Supply 10,000,000,000 ORBS

Price history

Information

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ORBS

Project Introduction

Orbs is a hybrid business public chain that helps other projects scale. Orbs uses the rPoS consensus protocol and has the advantages of high security, complete decentralization, and fewer nodes. In addition, Orbs coins from the Orbs network can be freely traded on the Ethereum network. Orbs assigns dedicated channels to each dApp to help customers focus on dApp development and avoid bugs, overloads, and other problems.

Project Vision

Orbs' vision is to become the Aliyun of blockchain.

Market Demand

As the market value of Bitcoin has repeatedly broken new highs, the recognition of blockchain and the crypto industry in the traditional world is also growing, but blockchain is always a critical step away from large-scale application. So what is the crucial step? Some say the lack of a high-performance public link to support commercial-grade applications; Some people think it's the lack of real applications; Others believe that the threshold for enterprises to deploy blockchain is too high. There is currently a lack of a platform similar to Internet cloud services, which can make it more convenient for enterprises to access and apply blockchain technology. This is the so-called blockchain cloud service platform, or Blockchain IaaS. There are already a number of projects developing such blockchain cloud service platforms, such as Orbs from an Israeli team.

Solution

Orbs (Orbs) is a blockchain IaaS platform and provides infrastructure for large applications. It is committed to building a public platform to de-chinese and help the software industry to achieve blockchain technology transformation. To put it simply, Orbs is similar to current cloud computing services such as Alibaba Cloud and Amazon's AWS. The difference, however, is that Alibaba Cloud provides the infrastructure for centralized applications, while Orbs provides similar services for future decentralized applications.

Project Implementation Mechanism

The Orbs platform consists of two infrastructure services, one is consensus-based computing and the other is consensus-based storage. Orbs also provides API compatibility in the smart contract SDK layer and allows providers to rely on THE CONSENSUS layer of Orbs. At the same time, because Orbs is highly personalized, it can also provide high scalability based on virtual instance sharding and separation of sorting and validation. In addition, transactions are encrypted by end users and can be decrypted only after consensus is formed to ensure fairness and anti-censorship.

Token Usage Scenarios

Users can use ORBS to pay verifiers for running a consensus layer, executing smart contracts, and consensus-based storage. This provides an incentive for nodes to allocate their resources and for the network to remain stable. At the same time, ORBS can also be used to vote to maintain the integrity of the network and play a governance role in the protocol.

Algorithm

ORBS provides the infrastructure for distributed applications in a similar manner to existing cloud computing platforms, with innovative custom consensus algorithms designed to meet the needs of consumer applications, providing extreme scalability based on the separation of virtual instances, random committees, and sorting and validation.

Characteristic

1. The project mainly adopts rPoS consensus protocol, which has the advantages of security, efficiency, decentralization and node saving on the basis of ensuring certain scalability. 2. The project allocates exclusive channels to corresponding DApps, which can have a good response to application development, fault tolerance rate and overload iteration to a certain extent. 3. Based on reality, the project can provide users with basic services through smart contracts and decentralized storage services, and realize the perfect transformation of part of blockchain technology. In a sense, it can play a transitional role, which is a good breakthrough.

Technical Characteristics

1. Orbs adopts a hybrid blockchain architecture, namely Ethereum +Orbs, in which Orbs plays the role of the second layer to improve production efficiency. Orbs is a Protocol architecture that is stacked and operates on top of Ethereum. 3. Through Virtual Chains and RPOS (Randomized proof-of-stake) consensus mechanism, strengthen scale, speed and security respectively.

Release Mechanism

The total supply of tokens 10,000,000,000 ORBS tokens are distributed as follows: Strategic Reserve: 55% Private Placement: 20% Team and Founding Partners: 20% Advisor: 5%

Project Highlights

1. RPOS consensus protocol is adopted, with high security and complete decentralization. ORBS coins can be traded freely on the Ethereum network. 3. First-class team technology and management level. 4. High scalability, providing billions of transactions per day. 5. ORBS provides comprehensive compliance. ORBS provides the capabilities required for manageable deployment, including: versioning, migration, and multi-chain.

Competitors

In the field of blockchain, WHAT Orbs is actually doing is similar to what ETH, EOS, TRON, IOST and other mature public chain projects are doing, which is blockchain infrastructure and services. However, these public chains already have a lot of DApps running on them. If Orbs wants to grow bigger and stronger, it needs better technology and stronger support of capital, marketing, promotion, incentive and other strength. However, big public chains have been doing these things, and it is very difficult for Orbs to emerge as a new force. In the field of Internet, cloud computing giants have begun to lay out blockchain, including AWS, Alibaba, Google Cloud, Oracle, etc., all started to act. Ali Cloud has also proposed BaaS blockchain service, which is based on Hyperledger Fabric and Ant Financial's independently developed Ant blockchain technology, aiming to help enterprise customers reduce difficulties in deploying blockchain, operation and maintenance, development and other aspects. At present, enterprises can apply for public testing.

Points

Although the situation of the project looks good, for example, the background of the members is great, and it is also sought after by the capital. But looking at the market is not very good, the domestic feeling of this project is not too cold, to the Korean market is very popular, it is estimated that this is also related to the Investment of Korean high-tech companies in this project. From the perspective of the project itself, it is a good strategy to position itself as an enterprise service platform. With the continuous optimization of blockchain technology in the future, the demand for all kinds of enterprises to develop blockchain applications will be increasing, so it can be foreseen that the cloud service platform of this chain will develop better and better.

Market Commentary

ORBS wants to do the cloud server thing. It provides a set of viable blockchain underlying code, which is open source and decentralized, and is building communities across major platforms. The choice of the project is good, both its direction and its concept is a positive attempt. After a look at the team, the overall technical level is still relatively high. Led by the founder DANIEL PELED, he has strong strength and rich experience in science and technology finance, scientific innovation and Internet algorithm services. Overall, the ORBS project concept is good and the team is strong.

KOL

As a blockchain cloud service platform focusing on personalized customization, Orbs is expected to accelerate the integration of blockchain and traditional Internet enterprises, so that more enterprises can quickly deploy decentralized applications, thus speeding up the large-scale implementation of blockchain. Although the prospects are bright, Orbs also faces a lot of challenges. The competition of cloud service platform is very fierce, such as Oracle has announced that it will launch a blockchain cloud service platform, and it still takes time to tell whether Orbs can stand out.

Project Risk

1. ORBS is committed to providing a set of underlying technologies for a variety of applications that compete for commercial profits with the traditional cloud server industry. Mature public chains have been established in the same field, and there are many DAPP applications and fierce competition. The pressure and competition is huge. 2. In the process of technological advancement, it is difficult to implement commercialization due to the obstacles from different policies of different countries. 3. The total amount of ORBS currency is 10 billion, which is too large.

Values

1. Blockchain infrastructure and service projects conform to the current stage of blockchain development. 2. Strong team strength, good configuration, detailed job division, high overall credibility. 3. The project has cooperated with relevant large-scale enterprises, and the ecological prototype has been established. 4. There are many Orbs listed on exchanges, and they have certain credit endorsement.

Pairs

RankSourcePairPrice24hVolume(24H)Trading PercentUpdated
1Upbit1UpbitORBS/KRW
37.1400
1.53%$24,788,988.8925.0124%2024-10-26 20:12:47
2OKX2OKXORBS/USDT
0.02660000
1.68%$3,215,613.093.2446%2024-10-26 20:26:25
3Gate.io3Gate.ioORBS/USDT
0.02649000
1.38%$674,560.550.6806%2024-10-26 20:27:04
4KuCoin4KuCoinORBS/USDT
0.02656000
1.45%$241,853.470.2440%2024-10-26 20:27:07
5Bitget5BitgetORBS/USDT
0.02659000
1.72%$79,114.070.0798%2024-10-26 20:24:52
6OKX6OKXORBS/USDC
0.02650000
1.49%$55,698.790.0562%2024-10-26 20:22:44
7Upbit7UpbitORBS/BTC
0.00000039
-4.88%$2,577.910.0026%2024-10-26 20:12:47
8Gate.io8Gate.ioORBS/TRY
0.91300000
1.67%$320.230.0003%2024-10-26 20:26:32
9Gate.io9Gate.ioORBS/ETH
0.00001086
0.46%$239.120.0002%2024-10-26 20:25:30
10KuCoin10KuCoinORBS/BTC
0.00000039
0.26%$192.270.0002%2024-10-26 20:26:13
11BitMart11BitMartORBS/USDT
0.02658000
1.61%$2,443,176.092.4652%2024-10-26 20:27:05
12HTX12HTXORBS/USDT
0.02658900
1.56%$316,501.360.3194%2024-10-26 20:26:47

Trading platform transaction information

Trading Percent

All Exchange
ExchangeVolume(24H)Trading Percent
OKXOKX$3,271,311.886.5122%Visit
Gate.ioGate.io$675,119.91.3440%Visit
KuCoinKuCoin$242,045.750.4818%Visit
BitgetBitget$79,114.070.1575%Visit
UpbitUpbit$24,791,566.849.3524%Visit
BitMartBitMart$2,443,176.094.8636%Visit
HTXHTX$316,501.360.6301%Visit
WhiteBITWhiteBIT$7,465,042.5714.8606%Visit
XT.COMXT.COM$1,004,647.641.9999%Visit
ProBit GlobalProBit Global$24.30030.0000%Visit
IndodaxIndodax$116.10.0002%Visit