Bringing consumer-scale to Ethereum assets
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Technology: Blockchain blockchain
Orbs ICO Short Review
Orbs is a public blockchain acting as the production layer to complement Ethereum. Adopting Orbs alongside Ethereum allows DApps to enjoy the best of both chains: unmatched security, liquidity and ecosystem integration, together with low-fees, production-ready scalability and a suitable fee structure. Orbs developed two groundbreaking technologies to make this possible: Virtual Chains and Randomised Proof of Stake. Virtual Chains are intelligent sharding and unlike current sharding solutions that randomly split traffic, virtual chains optimize (lane) usage by allocating one per app, while the Orbs rPOS consensus allows for the security and decentralization benefits of 1,000 nodes while enjoying the speed of 21 nodes. Orbs is a 60 person company working with projects like Kin by Kik, Zinc by ironSource (adtech giant with a reach of 1.5 billion consumers) and Endor (customers include Coca-Cola and Mastercard).