Orbs, a blockchain solution for companies, now offers staking through the Enjin wallet, which as of today has been made available on Coinbase.
It must be noted that Orbs is no stranger to the leading digital exchanges, as it is currently listed on Bittrex, Bithumb, Huobi and more. The difference with Orbs, is that it is a PoS (Proof of Stake) network, rather than the more commonly used PoW consensus algorithm. It offers predictable fees that developers can scale with, as well as the ability to isolate between apps, and to build smart contracts in any language.
While both Bitcoin and Ether are using POW consensus, Ethereum, the protocol behind the Ether token, plans to move across to a PoS model as part of their development plan. PoS comes with many benefits such as enhanced security and scalability.
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Users can currently stake Orbs through the Enjin wallet, a popular wallet that has already had 2.1 billion installs and currently supports Bitcoin, Ethereum, Binance Coin, Litecoin, ERC-20 and ERC-721 tokens, among others.