What is the use of orbs coin?

Orbs is a digital asset that adheres to the ERC-20 standard, seamlessly integrating with the Ethereum blockchain ecosystem. This compatibility ensures interoperability and accessibility across a wide range of wallets and decentralized applications.

Serving as the cornerstone of the Orbs platform, the Orbs token facilitates seamless transactions and interactions within the ecosystem. It acts as the primary medium of exchange, enabling users to access and utilize various services offered by the platform.

Within the Orbs network, infrastructure operators rely on the token to receive payment for their services. This model incentivizes efficient and reliable service provision, ensuring a robust and sustainable infrastructure for the platform's growth.

Beyond mere payment, the Orbs token also plays a pivotal role in the governance of the network. Users can utilize the token to participate in the selection of validators, a crucial process that safeguards the integrity and security of the blockchain.

The validator selection process, powered by the Orbs token, ensures that only trusted and competent entities are entrusted with the task of verifying and adding new blocks to the blockchain. This mechanism contributes to the overall stability and resilience of the network.