ORC crypto is a new cryptocurrency standard that aims to solve the scalability and security issues of BRC-20, especially addressing the double-spending problem. It introduces several improvements such as using the UTXO model for transactions, allowing token identifiers to distinguish between tokens with the same name, and supporting a broader format including JSON. ORC-20 also enables easier integration for projects following the ERC-20 standard, facilitating a smoother transition and broader adoption.
6 answers
BonsaiGrace
Wed Nov 06 2024
Orbit Chain (ORC) represents a revolutionary advancement in blockchain technology.
benjamin_brown_entrepreneur
Wed Nov 06 2024
It functions as a multi-asset blockchain, capable of facilitating smooth and efficient asset transfers.
KimonoElegant
Tue Nov 05 2024
The platform aims to bridge the gap between token economies, connecting various chains and fostering interoperability.
InfinityEcho
Tue Nov 05 2024
ORC's decentralized architecture ensures that the platform is both secure and resilient.
Riccardo
Tue Nov 05 2024
Scalability is a
CORE design principle of Orbit Chain, enabling it to handle a high volume of transactions without compromising performance.