ORBS

OrbsORBS

Rank #300
Token
On 16,041 watchlists

Orbs Price (ORBS)

$0.09594
4.00%

0.000001962 BTC0.10%

0.00002257 ETH1.43%

Low:$0.0918
High:$0.1126
24h
ORBS  Orbs ORBS
Price:
$0.09594
 4.00%
Market Cap
$213,931,514
4.00%
Fully Diluted Market Cap
$959,355,430
4.00%
Volume
24h
$42,802,062
75.74%
Volume / Market Cap
0.2001
Circulating Supply
2.23B ORBS
Max Supply
--
Total Supply
10,000,000,000
Sponsored

Orbs to USD Chart

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ORBS Price Live Data

The live Orbs price today is $0.095936 USD with a 24-hour trading volume of $42,802,062 USD. We update our ORBS to USD price in real-time. Orbs is down 4.00% in the last 24 hours. The current CoinMarketCap ranking is #300, with a live market cap of $213,931,514 USD. It has a circulating supply of 2,229,950,518 ORBS coins and the max. supply is not available.

If you would like to know where to buy Orbs, the top cryptocurrency exchanges for trading in Orbs stock are currently OKEx, FTX, KuCoin, Upbit, and Gate.io. You can find others listed on our crypto exchanges page.

To find out even more about this project, check out our deep dive of Orbs.

What Is Orbs (ORBS)?

Orbs is a public blockchain infrastructure that combines scalability, low fees, performance, security, and ease of use.

The platform is designed for mass-use applications and supports a complete blockchain stack. The Orbs platform is a decentralized, open and transparent network that offers practical blockchain solutions for enterprises and other large-scale consumer applications.

The Orbs protocol uses the ORBS token, which calculates commissions for executed applications and provides an incentive system that is used to select validators, thereby ensuring the integrity of the network. The ORBS token serves as the only means of payment on the Orbs platform.

Orbs was established in 2017 and was developed by experienced engineers, businessmen and scientists who have managed to create an infrastructure that uses blockchain virtualization and randomized proof-of-stake (RPoS) to ensure blockchain scalability.

Who Are the Founders of Orbs?

There are four people behind Orbs: Daniel Peled, Tal Kol, Netta Korin and Uriel Peled.

Daniel Peled is president of Orbs. He is also the co-founder and CEO of an Israeli fintech startup called PayKey. Peled is a veteran of the Israeli Bitcoin community and holds an LLM and Bachelor’s of Science in Economics.

Tal Kol holds a Bachelor’s of Science in Computer Engineering from the Technion, a university in Haifa, Israel. He’s an expert in blockchain applications and was formerly the head of engineering at Kin by Kik Interactive. Prior to Orbs, he co-founded Appixia, a mobile app startup that was acquired by Wix.com.

Netta Korin began her career on Wall Street as an investment banker and later retrained as a hedge fund manager. Korin has an impressive philanthropic background. Moreover, prior to her success at Orbs, she served as senior advisor to Deputy Minister for Diplomacy Dr. Michael Oren in the Israeli Prime Minister’s Office.

Uriel Peled is a consultant on a number of blockchain projects, which has earned him a reputation as one of the most influential and respected tech personalities in Israel. He has a degree in electrical engineering from the Technion. Before joining the Orbs team, Peled co-founded Visualead, an AR/VR startup that was later acquired by Alibaba.

What Makes Orbs (ORBS) Unique?

Orbs is a public blockchain platform that supports smart contracts and works by complementing the already existing Ethereum standards. This combination of Orbs and Ethereum allows DApps on the platform to take advantage of both chains at once, enjoying security, liquidity, low tariffs, scalability and access to payment infrastructure.

Key benefits include:

  • The seamless transfer tokens between blockchains. *
  • Developers have access to the ecosystem, its wallets, tokens and exchanges. *
  • With Orbs' scalable production environment, users have access to the benefits of basic liquidity.

There are two types of roles in the Orbs platform ecosystem: delegators and guardians.

Delegators are ORBS token holders who assign their voting weight (their share) to the guardians, who are tasked with keeping the network safe. The guardians are thus widely represented in the ecosystem via a delegated stake and can vote for validators without following protocol.

On top of this, Orbs has developed two technologies: virtual chains and randomized proof-of-stake (RPoS). DApps that use Orbs deploy their own separate virtual chain to maximize performance, while the RPoS consensus mechanism ensures security and decentralization.

Read about Bancor (BNT) and 0x (ZRX).

What are DApps? Learn more with CMC Alexandria.

Read a comparison between proof-of-work vs. proof-of-stake.

What is a blockchain? Let's go back to basics via our educational portal.

Take a look at the CoinMarketCap blog.

How Many Orbs (ORBS) Coins Are There in Circulation?

Orbs is an ERC-20 token that operates on the Ethereum platform. Tokens are the main means of payment for all services on the Orbs platform. Via the token, users can pay for services from infrastructure operators and the token is also used to select validators and to manage the protocol in general.

The network’s total supply is 10 billion ORBS tokens. This supply is fixed and is generated using a process called priming. The distribution of tokens is as follows: 55% for long-term reserves, 20% for private sales, 20% for the team and founding partners, 5% for advisors.

How Is the Orbs Network Secured?

The proof-of-stake (PoS) ecosystem is the basis for the Orbs network and ensures its security and smooth operations, thereby optimizing the platform for DApps.

For its part, randomized proof-of-stake (RPoS), is both fast and secure. For each round of consensus, a selection is made from a set of validators, executed by small, random committees. This randomization and set of validators serve to establish security and decentralization and, with the committees’ help, consensus is achieved. This Orbs model is called Helix. It’s a Byzantine fault-tolerant and scalable algorithm, in which guardians and delegators use a stake to select validators.

Where Can You Buy Orbs (ORBS)?

In the rapidly evolving DeFi ecosystem, the Orbs blockchain platform has managed to implement a set of integrations with decentralized exchanges (DEXs). As of July 2021, ORBS' share of the total cryptocurrency market is 0.01%, and the list of exchanges where ORBS can be traded includes Bithumb, KuCoin, Bittrex, OKEx, Indodax, ProBit Global, Upbit, Hotbit, Bilaxy, Coinone, Huobi Korea, LiteBit.eu, Bitsonic, KyberDMM (Kyber Dynamic Market Make Protocol), BHEX (BlueHelix Exchange), and Bitbns.

Cryptocurrency newbie? Learn how to buy Bitcoin and other tokens with our guide.

Our most recent articles about Orbs:

ORBS to USD Converter

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ORBS Price Statistics

Orbs Price Today
Orbs Price$0.09594
Price Change24h$-0.004
4.00%
24h Low / 24h High
$0.0918 /
$0.1126
Trading Volume24h$42,802,061.76
75.74%
Volume / Market Cap0.2001
Market Dominance0.01%
Market Rank#300
Orbs Market Cap
Market Cap$213,931,513.87
4.00%
Fully Diluted Market Cap$959,355,430.21
4.00%
Orbs Price Yesterday
Yesterday's Low / High
$0.09213 /
$0.1126
Yesterday's Open / Close
$0.09291 /
$0.1019
Yesterday's Change

9.64%

Yesterday's Volume$49,444,250.07
Orbs Price History
7d Low / 7d High
$0.08097 /
$0.1218
30d Low / 30d High
$0.08097 /
$0.142
90d Low / 90d High
$0.08097 /
$0.1581
52 Week Low / 52 Week High
$0.01152 /
$0.3626
All Time High
Mar 16, 2021 (9 months ago)
$0.3626
73.55%
All Time Low
Dec 18, 2019 (2 years ago)
$0.004628
1972.91%
Orbs ROI

122.46%

Orbs Supply
Circulating Supply2,229,950,518 ORBS
Total Supply10,000,000,000 ORBS
Max SupplyNo Data