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Orbit Chain (ORC) Informații din piață
Despre Orbit Chain (ORC)
What is Orbit Chain and how does Orbit Chain work? The project was made to be a multi-asset supporting platform. Along with multi-asset support, users can utilize several crypto assets of different blockchains on a singular chain. Through this, Orbit Chain will enable easy management and transfer of a user’s asset through decentralized communication channels of different chains including Orbit Chain.
Orbit Chain (ORC) Updates and Features
Block Consensus
Proof-of-Stake or also known as POS is a consensus algorithm that gives voting power that equates to the amount of staked on a public blockchain. POS provides block-producing rights based on the number of tokens held. Unlike Proof-of-Work-based systems, Proof-of-Stake-based blockchains provide high security, a high level of decentralization, and are more energy efficient.
Orbit Chain
The Orbit IBC protocol gives access to a decentralized 2-way pegging based on the existing lightning network and plasma for public chain scalability and communication.
Orbit Chain SDK Advantages
- Service layers are examined for direct service and user experience.
- Provides REST, and SOCKET that support stable and reliable connectivity between.
- Centralized legacy services and decentralized blockchain-based services.
- Unified API
- A system that provides a centralized experience without harming the decentralized governance.
- JSON RPC wrapper layer
- Sync Module
Orbit Chain (ORC) Team
The project is headed by Taekyu Park the Chief Operating Officer of OZYS. OZYS is a company located in South Korea that specializes in developing blockchains that aim to merge the divided blockchain sector.
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