We are thrilled to announce our exciting partnership with Orbs, an open, decentralized, and public blockchain infrastructure. As part of this collaboration, we have created a comprehensive Orbs dashboard that provides the latest updates, insights, and developments within the Orbs ecosystem.
We are excited to embark on this journey with Orbs and invite you to join us in exploring the endless possibilities presented by this cutting-edge blockchain technology.
Through our news dashboard, we aim to foster engagement, knowledge sharing, and community growth within the Orbs ecosystem.
What is Orbs?
At its core, Orbs is a public blockchain that utilizes a unique consensus mechanism called Proof-of-Stake (PoS) and virtual chains to achieve scalability and performance.
It provides a developer-friendly environment for creating smart contracts and DApps, offering a seamless experience for both developers and end-users.
Did you know, ORBS is live on Trader Joe!
Removing Centralized Points of Failure
Orbs operates as a separate decentralized execution layer, bridging the gap between existing L1 (Layer 1) and L2 (Layer 2) solutions and the application layer.
Unlike other blockchain platforms, orbs don't require liquidity transfer onto a new chain. Instead, it acts as a decentralized backend, augmenting the capabilities of both EVM (Ethereum Virtual Machine) and non-EVM smart contracts.
This innovation opens up a whole new spectrum of possibilities for Web 3.0, DeFi, NFTs, and GameFi.
The Missing Piece: Layer 3 in the Blockchain Stack
In the blockchain ecosystem, the infrastructure is built upon layers. The first layer, L1, ensures security, while the second layer, L2, focuses on scalability. Orbs introduces the third infrastructure layer, L3, which is the missing piece in the blockchain stack.
L3 executes complex logic and scripts that cannot be implemented on smart contracts alone. By providing L3 decentralized backend services, Orbs enables existing DeFi applications to achieve further decentralization and enhanced capabilities.
Manage your Cryptocurrency News & Information all in one place
Alphaday is the ultimate crypto dashboard for staying updated with crypto and interacting with your favorite DApps.
It is built on a highly customizable platform that lets you re-create your crypto workflow within minutes, so you never have to revisit another crypto website.
Our mission is to bring you all the tools to follow your favorite projects, stay up-to-date with the latest narratives, and use your favorite dApps from the comfort of one easy-to-use customizable dashboard.