Orbs - The Hybrid Blockchain. Extreme Scale With NextGen Security
The hybrid model
Enjoy the best of both chains
Orbs offers interoperability with multiple base-layer blockchains.
1st Milestone: Ethereum Interoperability
Ethereum – the leading liquidity ecosystem for token-issuance.
Orbs – the new standard in scalability, powered by virtual chain technology & Helix RPoS consensus algorithm.
Orbs Autonomous Swaps transition tokens to different networks without relying on a centralized entity or a third-party to monitor.
Tokens are first anchored on an Ethereum bridge smart contract.
The anchored tokens are automatically transferred to the relay token contract on the Orbs platform.
– The transfer of data from the Ethereum network is performed by the Orbs nodes’ cross chain connector under consensus.
To transfer tokens back to Ethereum, tokens are sent to the bridge smart contract on the Orbs platform. This generates a proof.
– The proof is validated by the Ethereum bridge smart contract that transfers tokens to the tokens contract.
– The decentralized, smart contract based transfer assures 1:1 ratio and a secure and atomic transfer.
THE OPTIMAL SOLUTION FOR APP DEVELOPERS
“Don’t reinvent — partner or innovate”
Uriel PeledOrbs co-founder
Virtual Chains Plug & Play provide flexibility on consensus, governance, smart-contract coding language, base-layer connectivity features and a choice of base-layer.
Intelligent Sharding and Randomized Proof-of-Stake (RPoS) block creation consensus provides the TPS requirements needed for business-ready dApps. There is no compromising security, nor decentralization.
The Orbs consensus offers the security and decentralization benefits of 1,000 nodes with the speed of 22 nodes. A randomized committee is generated to reach consensus for each block. Bad actors have no way of knowing which nodes will participate in the creation of blocks.
Orbs introduces a monthly subscription model based on desired computing power. By applying this form of pricing – standard for business software – Orbs treats blockchain as a practical technology that real businesses need.
The new standard for scale
Scaling dApps does not end with speed, and infinite TPS is futile without providing a comprehensive solution for the needs of real businesses. Orbs is building a new global standard of comprehensive scalability.
Orbs has developed groundbreaking technologies that make this possible:
Intelligent Sharding via Virtual Chains
Dedicated resources per app
Virtual chains are intelligent sharding. Unlike current sharding solutions that randomly split traffic, virtual chains optimize (lane) usage by allocating one per app. Apps running on virtual chains enjoy the security and decentralization provided by Orbs’ shared infrastructure while being protected and insulated.
Out of the 1,000+ planned nodes in the Orbs network, a smaller randomized committee of nodes is generated to reach consensus for each block, making it mathematically impossible to know which nodes will be chosen.