Orbs (ORBS)

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Description

Orbs (ORBS) is a decentralized cryptocurrency built for global non-custodial payment systems and distributed applications. It was founded in 2019 by Dan Reuveni, Hilla Ovil-Brenner and Uriel Peled, with the mission of creating a public infrastructure for the world's decentralized economy. What makes Orbs unique is its “proof of liquidity” consensus mechanism, which gives it the ability to process up to 100,000 transactions per second while also ensuring reliability. On its blockchain, trading, lending and access to decentralized applications can be securely carried out without relying on a trusted third party or custodian. It also uses a “decentralized virtual machine” that can be flexibly adapted to different user needs. Orbs is used primarily as a platform for the development and deployment of distributed applications, often referred to as dApps. These dApps can take various forms, including decentralised finance (DeFi) applications, storage solutions, data analytics and game applications. Orbs also supports conventional payment services, and is integrated with a variety of online payment applications and services, such as PayPal, WeChat, etc. Orbs can be bought and sold on a variety of cryptocurrency exchanges. Popular exchanges that offer Orbs trading include Binance, OKEx, and KuCoin. Orbs can also be traded on a peer-to-peer (P2P) basis, allowing users to buy and sell the asset directly from one another. In conclusion, Orbs provides a fast, secure and reliable infrastructure for the development and deployment of distributed applications. Its proof-of-liquidity consensus mechanism ensures scalability, and its integration with numerous online payment services increases its utility. Ultimately, this makes Orbs a promising cryptocurrency for both developers and investors.