Orbs is a public blockchain infrastructure designed for businesses. The market cap is $78,702,489 and the 24h volume is $6,031,016.
- What is the Orbs Network?
The Orbs Network is a public blockchain infrastructure designed for businesses looking at trust as a competitive strategy.
The practical blockchain solution. Predictable fees you can scale with. Isolation between apps. Smart contracts in any language.
In a time where people are trusting major companies less than ever before, those enterprises can, at best, ask users to trust them. By empowering those enterprises with the option of operating on a public blockchain safely, Orbs grants them a major competitive edge in the form of digital guarantees to users: No need to trust when users can simply verify.
The Orbs network launched on March 28th, 2019.
- What are Guardian Nodes and what are their requirements?
Guardians operate the Orbs network nodes and run the virtual chains for the subscribed applications.
Orbs is a hybrid blockchain, utilizing Ethereum for added security and transparency of the Orbs PoS ecosystem. Thus, Orbs Guardians are required to run an Ethereum node.
Guardians have an option to be part of the Certified Committee and operate virtual chains that require certified Guardians. Certified Committee members are eligible for added incentives.
Guardians are expected to be committed to their communities and their Delegators’ staked tokens. Therefore, Guardians are required to have a self-stake of at least 8% of their total delegated stake.
- What is the Tetra Wallet?
TETRA is Orbs’ dedicated staking wallet, from which any ORBS holder can easily stake tokens with a Guardian of their choice.
With TETRA, it’s much easier for ORBS holders to stake their tokens for Rewards. But it has another important benefit to the project: Allowing Orbs community members to contribute to the network’s security and operation, making the Orbs Network the first choice for enterprise applications.