In the vast realm of blockchain technology, one name stands out with its promise of revolutionizing the landscape - Orbs (ORBS). Imagine a public blockchain infrastructure that seamlessly integrates scalability, low transaction fees, top-notch performance, robust security, and unparalleled user-friendliness. This is the essence of Orbs, a visionary platform engineered to cater to mass-use applications while supporting a comprehensive blockchain stack.
Orbs isn't just another blockchain; it's a decentralized, open, and transparent network poised to deliver practical blockchain solutions to enterprises and large-scale consumer applications. At its core, the Orbs protocol leverages the power of the ORBS token, a digital currency that not only calculates commissions for executed applications but also forms the backbone of an incentive system crucial for selecting validators, thus upholding the network's integrity. In the Orbs universe, the ORBS token reigns supreme as the sole means of payment, underscoring its pivotal role in the platform's ecosystem.
The genesis of Orbs dates back to 2017 when a team of seasoned engineers, savvy businessmen, and forward-thinking scientists pooled their expertise to create a groundbreaking infrastructure. What sets Orbs apart is its ingenious use of blockchain virtualization and randomized proof-of-stake (RPoS), a dynamic duo ensuring unparalleled scalability in the blockchain space.
**Meet the Visionaries Behind Orbs**
The driving force behind Orbs comprises four individuals whose collective vision has propelled the platform to its current heights.
**Daniel Peled**, the President of Orbs, is not only a stalwart in the Israeli Bitcoin community but also the co-founder and CEO of PayKey, an Israeli fintech startup. Armed with an LLM and a Bachelor’s of Science in Economics, Peled brings a wealth of experience to the table.
**Tal Kol**, with a Bachelor’s of Science in Computer Engineering from the Technion, stands out as an expert in blockchain applications. Formerly the head of engineering at Kin by Kik Interactive, he co-founded Appixia before joining Orbs, bringing a wealth of knowledge in mobile app startups.
**Netta Korin**, an individual with a multifaceted background, started her career on Wall Street as an investment banker and later retrained as a hedge fund manager. Known for her philanthropic endeavors, she served as a senior advisor to Deputy Minister for Diplomacy Dr. Michael Oren before achieving success at Orbs.
**Uriel Peled**, a respected tech personality in Israel, acts as a consultant on various blockchain projects. With a degree in electrical engineering from the Technion, Peled co-founded Visualead, an AR/VR startup later acquired by Alibaba, before joining the Orbs team.
**Decoding the Essence of Orbs (ORBS)**
What makes Orbs truly unique is its role as a public blockchain platform that not only supports smart contracts but also complements existing Ethereum standards. This innovative fusion of Orbs and Ethereum allows DApps on the platform to harness the strengths of both chains simultaneously. Picture this: enhanced security, increased liquidity, minimal transaction costs, unparalleled scalability, and seamless access to payment infrastructure—all in one revolutionary package.
As we venture deeper into the intricate tapestry of blockchain technology, Orbs emerges as a beacon of innovation, poised to redefine the very fabric of decentralized applications. With a stellar team at the helm and a vision that transcends boundaries, Orbs stands as a testament to the limitless potential of blockchain in the digital era.
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