Orbs Update August 2019

Nate Simantov
Nate Simantov


5 years ago


In this update: Japanese Orbs community ⁂ Huge Celsius partnership ⁂ V1.1.1 released with features ⁂ ORBS on Coinbase Custody ⁂ OKEx listing of ORBS ⁂ New Validator joins Orbs ⁂ Podcast interviews ⁂ Hexa Foundation Update


Welcome back to Orbs’ monthly update, folks! The goal of this post is to give you a general idea as to what has been happening at Orbs HQ while you were busy. July was a month marked by strong partnerships and milestones for the network. Here are some highlights:

Orbs with Celsius, BitGo, and Staked!

As reported at the end of the month, ORBS has been added to Celsius’ wallet, allowing their 30,000 users to stake the token as part of Orbs’ proof of stake universe. This partnership is particularly exciting as it grants thousands of Celsius’ users with unprecedented access to the Orbs network.


Another entity, the popular crypto custodian BitGo (aka The $1 TRILLION Wallet) is adding ORBS support to its crypto wallet following talks between the two blockchain companies.

In addition to these collaborations, all part of a wider push to make the network as accessible and secure as possible, SaaS vendor Staked.US has chosen to join the party, adding ORBS as well by acting as a Guardian to the Orbs Network! You can read a bit more about the nature of the partnership, as well as the Seoul meetup celebrating it, in my blog post.

Orbs Japanese community

Shout out to Orbs’ Japanese rep Mayo Hotta for jumpstarting the first Orbs Japan community! Orbs popularity in East Asia is growing steadily, and Japan is no exception.

You can follow Orbs Japan on Twitter, and join the growing Line group, as weel as the newer Telegram community!

Full custody support for ORBS on Coinbase Custody

Thanks to the new ORBS support announced in July, holders of the tokens can now custody their ORBS on Coinbase Custody. This is great news as Coinbase Custody is one of the world’s largest and most secure custodians for digital assets, today.

Coinbase Custody is a regulated entity and an independent, NYDFS-regulated company that offers access to a secure, audited, and insured custody solution. As a qualified custodian, Coinbase Custody is a fiduciary under NY Banking Law and is licensed to custody its clients’ digital assets in trust on their behalf.


New validator: DE-LIGHT

Orbs Universe is happy to announce its newest Validator, DE-LIGH! DE-LIGHT offers technical leadership in blockchain technologies and aims to support and scale the decentralized ecosystem by providing world-class protocols with rapidly deployable solutions. You can learn more about them at de-light.io.

Truly Amazing technical leaders in the space! We are happy to have you onboard, DL <3

OKEx listing

TERRIFIC news: Orbs is now listed directly on OKEx Exchange! Only very high-profile projects are listed directly with the OKEx’s main exchange, without being required to listing with CoinAll or OkCoin. It is the world’s #2 exchange according to Coinmarketcap by adjusted volume (~$2b average daily volume).


News from the Foundation

This segment was contributed by Netta Korin of The Hexa Foundation

Hexa Foundation was invited to Bahrain!

I was part of a very select group of business leaders invited to attend the Peace to Prosperity Workshop in Bahrain, specifically due to blockchain projects in our region which the Hexa Foundation is working on for the last year. It was a great honor to be part of such an effort and to discuss blockchain ideas within a group of world land business leaders. The Hexa Foundation’s goal is blockchain for social impact and we focus on education, research, and special projects.

Some of the people we met and discussed blockchain ideas within Bahrain include Ambassador Josette Sheeran, Abe Goldschmidt and Will Doffermyre of Oversea Private Investment Corporation of the US Govt Participation in GBBC Round Table at the U.S. Senate.

Hexa Foundation in US Congress!

Ran Hammer, Adv. was sent to represent the Hexa Foundation [and Orbs] at a first of its kind legislative roundtable at the U.S. Senate, discussing the state of blockchain technology and digital assets in the United States. The event was organized by the Global Blockchain Business Council and the Consumer Technology Association. Participants included members of Congress (including Darren Soto (FL-09), David Schweikert (AZ-6), Trey Hollingsworth (IN-09), Bill Foster (IL-11) and Warren Davidson (OH-08), Clyde Vanel of the NY State Assembly, as well as representatives from governmental authorities and municipalities, leading law and consulting firms as well as dominant market leaders.

The timing of the event was great, as it was conducted a day after the two congressional hearings conducted on the matter of the Facebook-led cryptocurrency project, Libra, which received a lot of attention. This week will surely be remembered as the week during which cryptocurrency and blockchain technology hit DC straight on. We were very happy that the discussion was focused on the actual benefits and positive social impact blockchain technology can promote and the means to improve education about and achieve adoption for this ground-breaking technology.

During the discussion we were able to convey two of the major ideas we have been advocating over the last year – (i) use of blockchain technology as a means to generate digital trust at scale; and (ii) our vision for appropriate regulatory regime to govern the sale, use, and promotion of token-based products and services.

The lawmakers and other participants were very receptive to our ideas and we plan to follow up on our participation with additional discussions based on the connections we made in DC.

Check out Netta Korin’s latest post: Dear President Trump: Here’s why you want everyone using Bitcoin, including the bad guys.

GLF Update

This segment was contributed by @assaf_bielski

On 23-25 of July, @jnoam and I participated in the first out of four GLF workshops in London. In attendance were some of the largest telecom operators globally, including AT&T, Verizon, Deutsche Telekom, Orange, Telefonica, and Telstra. There were also several vendors from the telecom and blockchain sectors, including IMB, Consensys, and Corda. The goal of the workshops is to create a blockchain-based reference architecture for global interoperability in the telecom industry.

As we have a seat at a major industry initiative, our role is to push for an architecture that is open to public blockchain and work with some of the other partners on proof-of-concept projects, based on the GLF guidelines. The first phase of this work should be completed by the end of October 2019, and we will update you on the progress!


Media highlights

Interview for Coin Boys

@talkol and Coin Boys discuss decentralization and why he feels how companies should approach blockchain technology. As you'll hear in this episode, both sides of the table had a lot of fun recording this :)


Listen to the full episode using these links:

Tal’s featured article for DevOps


"Open source code is more than just a way to create new technology; it’s a disruptive force that changed the way software is built, from taking individual developers and turning them into thriving communities to changing how enterprises do business–building open ecosystems versus restricted walled-gardens."

You can read the full post by @talkol here: Blockchains Done Right Are the Next Evolution in Open Source.

Mayo Hotta interview for Token Economist (Japan)

Our newest Orbs Japan community members will be happy to learn about Token Economist conducting a interview with Orbs' #1 Japanese rep, Mayo Hotta!

Check it out here: なぜ企業は Orbs を選択するべきなのか?

Tal’s article on FreeCodeCamp

_“How to write bulletproof code in Go: a workflow for servers that can’t fail_”


Tech highlights

Node upgrade

New node upgrade includes several mini-features and improvements based on requirements gathered from:

  • Insights regarding the Orbs production network operating since March 2019
  • Insights from elections processing
  • Insights from an internal hackathon, which was focused on application development on the Orbs platform

Normally this news would be relegated to a separate R&D post (coming next week!), but the Orbs core team is very excited to publish the first version that is not a hot-fix and contains actual features.

You can read more about the node upgrade in Noam’s post.

Be sure to stay tuned for next week’s upcoming R&D update which will dive deeper into the ongoing developments behind Orbs’ open-source infrastructure!


Before I sign off, I want to remind our readers that in September, Ethereal Summit is coming to Tel Aviv, and Orbs is sponsoring! If you plan to attend the conference, be sure to reach out on Orbs’ own turf :) Attended by Ethereum’s own Vitalik Buterin, this summit should be quite fun and interesting.

Of course, as with any events attended by Orbs’ representatives, you are invited and encouraged to come to meet us and introduce yourself!

Stay tuned for the upcoming R&D update and more exciting developments from Orbs soon. You can also reach out to me personally at nate@orbs.com with any comments or questions; I will do my best to get an answer for you.

Aerunoga tanoshimidesu!

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