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COINTURK NEWS > Altcoin News > Orbs Launches Version 4.0: A Milestone for Layer-3 Blockchain Platforms
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Orbs Launches Version 4.0: A Milestone for Layer-3 Blockchain Platforms

In Brief

  • Orbs announces the deployment of its v4.0 mainnet software.

  • The upgrade marks significant progress for the pioneering Layer-3 platform.

  • Orbs v4.0 introduces key enhancements to meet growing demands.

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COINTURK NEWS 2 years ago
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The pioneering Layer-3 platform Orbs (ORBS) has reached a significant milestone by announcing the deployment of its v4.0 mainnet software after more than two years of development. This is considered extremely valuable for the project’s progress and future. Let’s look at the details of the move and what it includes.

Contents
Network Upgrade: The Transition to Orbs V4Building on Past Success: Key Features of Orbs 4.0Facilitating Operations: Technical Enhancements

Network Upgrade: The Transition to Orbs V4

The latest version, called Orbs 4.0, signifies an important upgrade addressing the increased demands observed in 2024. Positioned as a significant advancement, Orbs V4 ensures the platform remains at the forefront of Blockchain technology and is ready to meet the upcoming surge in Layer-3 adoption.

Orbs CEO Nadav Shemesh emphasizes the transformative impact of this upgrade on programmable Blockchains and the dApps ecosystem:

“The transition to Orbs V4 marks a very important moment in our journey. This upgrade is not just about scaling up; it’s about setting a new standard in L3 infrastructure and ensuring we stay ahead of the curve in this continuously evolving field.”

Building on Past Success: Key Features of Orbs 4.0

Following two years after the innovative L3 architecture showcased by Orbs 3.0, V4 offers advanced decentralization and hardware features. The introduction of Orbs Lambda and Orbs VM, which allow smart contract extensions with L3 decentralized backend services operated by Orbs Guardians, significantly reduces reliance on centralized backend solutions.

The latest iteration of the Orbs Network protocol will have significant improvements, including a more efficient node implementation and Layer-3 scaling enhancements. In addition, upgrades during runtime, an improved L3 Activity dashboard for monitoring Orbs-supported protocols, and a refreshed Tetra stake wallet have also been introduced.

To accelerate upgrades, Orbs will automate the manual deployment process for Guardian nodes and diversify deployment beyond AWS-centric infrastructure to support decentralization efforts.

Facilitating Operations: Technical Enhancements

Orbs V4 simplifies operations for node operators by replacing the existing manual Orbs node installer CLI. Moreover, improvements in the observability of the Orbs core orchestrator are set to increase transparency and efficiency across the network.

With the implementation of Orbs V4, the platform is not only poised to meet the evolving demands of the Blockchain environment but also to set a new benchmark for Layer-3 infrastructure. As Orbs continues to innovate, the stage is set for a future where decentralized applications thrive on robust, scalable, and secure Blockchain solutions. At the time of writing, the ORBS price is trading at $0.03380.

You can follow our news on Telegram, Facebook & Coinmarketcap & X
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 6 February, 2024 - 5:59 pm 6 February, 2024 - 5:59 pm
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