Orbit Chain ORC

1. Summary

Ranks

Liquidity

-

Developer

-

Social

73

Momentum (beta)

0

Stack Rank™

-

Price

$0.003798440000 +0.5%

Market Cap

$0.00 (#10716)

Supply

0.00 / 1.00B

Tags

Polygon Ecosystem Ethereum Ecosystem

More Metrics

Price
52W High price	$0.06
52W High date	5th Mar 2024 (11 months ago)
All Time High (ATH) Date	5th Apr 2021 (3 years ago)
ATH Price	$9.51
% From ATH	-99.92%
All Time Low (ATL) Date	21st May 2020 (4 years ago)
ATL Price	$0.000539940000
% From ATL	1317.76%

Supply & Trading Volume
Trading Volume (24h)	$16,761.00
Total Supply	1.00B

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Description

Orbit Chain is an interchain communication protocol that allows heterogeneous blockchains to communicate seamlessly. This technology overcomes traditional scalability and connectivity limitations by integrating digital assets from various public chains, enhancing user accessibility and convenience. As a key innovation, Orbit Chain hosts a broad ran...

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Orbit Chain is an interchain communication protocol that allows heterogeneous blockchains to communicate seamlessly. This technology overcomes traditional scalability and connectivity limitations by integrating digital assets from various public chains, enhancing user accessibility and convenience. As a key innovation, Orbit Chain hosts a broad range of assets and supports the operation of major public chains like Bitcoin, Ethereum, Ripple, Klaytn, BNB, and ICON.

Key Components:

• Orbit IBC: The world’s first open Hub Chain, which links various chains to Orbit Chain, enabling the free handling and usage of digital assets within Orbit.

• Orbit Bridge: An interchain communication protocol that facilitates communication between heterogeneous blockchains, ensuring decentralized, trustless, and secure transactions.

• Consensus Process: Built on a multi-signature BFT consensus, ensuring that all authority throughout the process remains decentralized and secure.

• Assets and Services: Supports a variety of protocols, including asset exchange through the DEX protocol, lending and borrowing through the Divine protocol, and staking services to heterogeneous chains through Orbit.

• Node Management: All Orbit chains are powered by self-managed nodes that implement both AnyTrust and Rollup protocols, making it possible for Orion chains to interact with each other and share information seamlessly.

Governance and Participation:

• Chain Ownership: Chain owners are entities that can carry out critical upgrades to the chain's core protocol and manage system parameters, ensuring flexibility in governance decisions.

• Public Input and Feedback: Orbit Chains are still in their public preview stage, and the development roadmap encourages user participation and feedback to shape the final product.

• Security and Accessibility: Orbit Chain is designed to ensure fast, secure consensus processes and expand the reach of blockchain-based protocols and services into real-life applications.

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