What is Orbs (ORBS)? - Coinleaks
Current Date:November 7, 2024

What is Orbs (ORBS)?

Orbs is a public blockchain infrastructure that combines scalability, low fees, performance, security and ease of use. The protocol, which uses the Proof of Stake algorithm, has a decentralized operating system.

What are Orbs?

Designed for mass use applications, Orbs is a platform that supports the full blockchain stack. Founded in 2017, Orbs was developed by experienced engineers who managed to create an infrastructure that uses virtualization and RPoS to enable blockchain scalability.

The platform has four founders. These founders; Daniel Peled, Tal Kol, Netta Korin and Uriel Peled. Daniel Peled serves as president of Orbs (ORBS). He is also the co-founder and CEO of an Israel-based fintech startup called PayKey.

What is ORBS Coin?

The Orbs platform is a decentralized, open and transparent network that provides practical blockchain solutions for businesses and other large-scale consumer applications. ORBS coin is the native cryptocurrency of the platform, which is a generation layer working with Ethereum. It draws attention with the integration of ecosystems and its favorable wage structure.

While one of the disadvantages of Ethereum is the lack of scalability, Orbs and Ethereum developers have teamed up to make applications that can benefit from the Ethereum blockchain even though a large number of users currently support it. This was made possible by Orbs’ invention of Virtual Chains and Randomized Proof of Stake as a consensus algorithm.

How to Get ORBS?

In order to buy ORBS coin, first of all, it is necessary to know the cryptocurrency exchanges where this coin is listed. As it is known, buying and selling transactions for a cryptocurrency are carried out through exchanges. However, not every cryptocurrency is listed on every exchange. For this reason, it is necessary to know the exchange that can be traded and to create an account on this exchange.

Then you need to log in to the account and load money into the wallet located here. You can load money with a debit or credit card, or you can transfer your balance via wire transfer. With the money loaded, you can get the desired amount of ORBS coins. Purchased coins can be optionally stored in cold or hot wallets.

What is ORBS Coin ATH and ATL?

ATH stands for “All Time High” in the cryptocurrency market. “All time” means all time, “high” means altitude. This means that the market value of a cryptocurrency is the highest in history and serves to improve insights for trading. For example, Bitcoin’s ATH is the highest price in history. This value can change over time and is usually determined by the current state of the markets. ORBS coin ATHIt is 0.36 USD on March 16, 2021.

In crypto, ATL is the abbreviation of the word “All Time Low”. All Time Low is divided into “all time” and “low” is the lowest. So the whole word means all-time low. This shows what level a cryptocurrency has seen the lowest to date. Therefore, it gives an idea about whether there is a buying opportunity for investors. ORBS coin ATL priceIt was recorded as 0.004 on 20 December 2019.

On Which Exchanges Is ORBS?

Cryptocurrency exchanges where ORBS can be purchased are as follows:

  • bithumb
  • Uniswap (V2)
  • KuCoin
  • PancakeSwap (V2)
  • pangolin
  • Bittrex
  • Hobby
  • OKX
  • Gate.io
  • Upbit
  • bibox
  • hotbit
  • Probit