Orbit Chain wallet

What is Orbit Chain (ORC)?

Orbit Chain is an inter-chain protocol: a network whose job is to move assets between other blockchains, with a validator set responsible for producing blocks and confirming the transfers that cross it. ORC is its native token, used for validator selection and for holder voting on how the chain is run.

The detail that catches holders is where the token actually sits. ORC circulates as an ERC-20 on Ethereum as well as in forms carried across by the bridge itself, and a bridged representation on some other chain is a different contract from the Ethereum one even though the ticker and the balance look alike. If someone gives you a deposit address, know which version they are asking for; crossing between them means using the bridge, not a plain transfer.

Voting is also worth thinking about before you pick storage. Participating means signing a message or a transaction with the address holding the tokens, so the tokens should sit somewhere you can still reach comfortably years from now, not on a device you expect to replace. With Tangem the signing key is created inside the card's chip and stays there, backed by a second card carrying the same key rather than by anything written down, so the voting address survives phone changes and reinstalls untouched. Holding a token whose main use appears once in a while, on your own terms, is exactly the case this suits.

Gas for any ORC transfer on Ethereum comes out of ETH at the same address, so keep a working amount there.

Supported networks in Tangem (1): Ethereum.