Orbs (ORBS)
Rank #572
Market snapshot
- Price
- $0.00534327
- Market cap
- $23.4M
- 24h volume
- $1.9M
- Circulating supply
- 4,383,036,582.705
- Total supply
- 10,000,000,000
- Max supply
- N/A
What is Orbs?
Orbs is a cryptocurrency designed to facilitate the development and deployment of decentralized applications (dApps) on the Ethereum platform. The network aims to provide developers with tools to easily test, run, and deploy smart contracts, enhancing the overall functionality of blockchain applications.
How Orbs works
Orbs operates on a blockchain architecture that allows for the integration of decentralized applications. The network employs a Proof-of-Stake consensus mechanism, with numerous independent validators ensuring transaction validation and network security. This structure supports ecosystem for dApp development, enabling efficient transaction processing and smart contract execution.
Key information
- Symbol
- ORBS
- CMC rank
- #572
- Network / platforms
Arbitrum, Avalanche C-Chain, BNB Chain, Ethereum
- Categories
- N/A
- Date added
- Apr 3, 2019
Contract address
Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.
Arbitrum
0xf3C091ed43de9c270593445163a41A876A0bb3ddAvalanche C-Chain
0x3Ab1C9aDb065F3FcA0059652Cd7A52B05C98f9a9BNB Chain
0x43a8cab15D06d3a5fE5854D714C37E7E9246F170
Key characteristics
Orbs features a personal blockchain that allows developers to easily test and deploy smart contracts. The network is designed to support various decentralized applications across multiple ecosystems, including Ethereum, Polygon, and Solana. It also utilizes a Proof-of-Stake consensus mechanism, which involves independent validators to maintain network integrity.
Official resources
Risks
Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.
Transfer and custody notes
Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.
FAQ
- What is Orbs (ORBS)?
- Orbs (ORBS) is a cryptocurrency that operates on the Ethereum platform, designed for the development and deployment of decentralized applications.
- How does the Orbs network operate?
- Orbs utilizes a blockchain architecture that supports decentralized applications, employing a Proof-of-Stake consensus mechanism with independent validators.
- What are the technical characteristics of Orbs?
- Orbs features a personal blockchain that allows developers to easily test and deploy smart contracts, and it operates across multiple ecosystems.
- What are the risks associated with transferring Orbs?
- Users should verify contract details and network before transferring assets, as digital asset prices can be volatile and transfers may be irreversible.
- How can I verify Orbs before acquiring it?
- Verify the asset name, network, and contract details before transferring to ensure safe acquisition.
- Where can I find official resources for Orbs?
- Official resources for Orbs can be found on their website and GitHub repository.
Related cryptocurrencies
Listed from stored network and category relationships, not a similarity score.
