Orbs Funding Insights

Orbs is bringing consumer-scale to ethereum assets. 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. This combination of Ethereum + Orbs is the optimal solution for applications with millions of users looking to adopt blockchain, today. 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.