Orbs offers the winning blockchain stack, providing the perfect mix of performance, cost, security and ease of use, while harnessing the power of community, decentralization and distribution. Combining scalability, low fees and isolation between virtual chains with a top-grade developer experience, online IDE and smart contracts in familiar languages, Orbs provide developers the perfect mix of performance, cost, security and ease of use.
Orbs is a public blockchain infrastructure designed for mass usage applications. Unlike private and permissioned blockchain solutions typically used for such applications, the Orbs infrastructure is open and permissionless. The Orbs protocol is decentralized and executed by a public network of permissionless validators using Proof-of-Stake (PoS) consensus. The Orbs protocol relies on the ORBS token used for the settlement of fees related to app execution and provides the system of incentives used to elect validators in a secure and decentralized manner.
Founded in 2017, Orbs is being developed by a dedicated team of more than 30 people out of Tel Aviv, Israel, London, UK, Singapore, Tokyo, Japan and Seoul, South Korea. Orbs was named Gartner's “Cool Vendor in Blockchain Technology” for 2018.