Easily scalable to accommodate thousands of transactions per second.Orbs implementation of RPoS is called Helix and it is a Byzantine fault-tolerant algorithm that relies on Orbs staking by Delegators and Guardians to elect the pool of Validators. The large pool of validators ensures decentralization and randomization ensures security, while the use of small committees for consensus makes for a fast and highly scalable consensus method. It works by randomly choosing small committees from a large pool of validators for each consensus round. It has benefits of being both fast and secure. Orbs makes use of a PoS consensus model called Randomized Proof-of-Stake. Clients can begin with a private blockchain and later switch to a public blockchain without worrying about having to migrate.Isolation avoids any potential congestion from other chains.Developers are able to choose the consensus protocol and governance model for the virtual chain associated with their app.
Each application has its own sharded virtual chain.An added benefit is a reduction in memory requirements for the virtual machine thanks to the isolation of state for each virtual machine. They are also put through a sharding process and can be maintained independently while computing is performed in parallel. This means decentralization and security from the physical nodes and customization and isolation thanks to virtualization.ĭifferent virtual chains can get consensus for their transactions independently and the run concurrently on separate resources.
Virtual chains run on top of shared physical node infrastructure, which gives the benefits of a dedicated blockchain to all the virtual chains sharing the environment. There are three primary features to the Orbs platform: Virtual Chains, Randomized Proof-of-Stake, and Cross-chain Interoperability. Orbs combines its own scalability, virtual chain isolation, and low fees with the mature decentralized ecosystem of Ethereum to provide developers with everything they need to scale their decentralized blockchain applications massively. Orbs is also working on a custom blockchain solution for Canada-based Kik, a chat and messaging app company who have also released a crypto token called Kin meant to provide incentives for Kik users. Orbs will be developing blockchain applications for the Kakao network of over 50 million users. Orbs is based in Israel but has recently opened an office in South Korea as well after partnering with the internet conglomerate Kakao. This has been made possible by the Orbs inventions of Virtual Chains and Randomized Proof of Stake as a consensus algorithm. One of the downsides to Ethereum has been the lack of scalability, but by combining Orbs and Ethereum developers can take advantage of the Ethereum blockchain even when their application supports huge numbers of users right now.