The Winning Blockchain Stack orbs_network introduces multi-chain staking solution on Ethereum and Polygon
Orbs' team considers Polygon one of the most suitable chains for building a multi-chain staking solution. The Layer 2 solution allows companies like Orbs Protocol to highlight the advantages of Ethereum's core technology without worrying about underlying problems like network congestion and high fees.Whenever the multi-chain staking proposal gets accepted, the Orbs team will be able to deploy the PoS contract on Polygon and an additional contract designed for merge verification.
Users staking ORBS on Polygon will bring more inclusion and participation to the PoS universe. The proposal will also mark Orbs as the multi-chain protocol that opens up a considerable quantity of features that the team will be able to develop in the future. Orbs is a public blockchain infrastructure designed for the development of scalable solutions and applications integrated with EVM-based Layer 1 and 2 blockchains. Orbs' solutions work on such networks as Etherum, Binance SmartChain, Avalanche and Polygon.
The infrastructure can also act as a Layer 3 solution as an execution layer for amping up the benefits of EVM smart contracts.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Polygon Touts Faster Proving System Compatible with Ethereum as Plonky2 LaunchesPolygon announces the launch of Plonky2 Polygon Plonky2 Ethereum $MATIC ETH
Read more »
Vitalik Buterin gives thumbs down to cross-chain applicationsIf you were hoping for Ethereum to go cross-chain, you might be out of luck. Co-founder VitalikButerin isn't a fan, citing potential security problems.
Read more »
What the Future of Ethereum Looks Like Post London Hard Fork | Hacker NoonInvesting in crypto during the bear market isn’t for everyone here's what you need piece the market sentiment & Ethereum together before diving into investing
Read more »
$110 Million in Bitcoin and ETH Liquidated as BTC Drops Below $40,000, ETH Goes Under $3,000ICYMI: $110 million in $BTC and $ETH liquidated in just 30 minutes as BTC goes below $40,000 and ETH drops under $3,000 Bitcoin Ethereum
Read more »
Norton Antivirus Is Under Fire for Putting a Crypto Miner in Its ProductInstead of malicious actors hijacking your PC for crypto mining, you now have your antivirus software to count on that. 🧐 engineering
Read more »