What is Oasis Network? All information about Oasis Network and ROSE . coin

• Oasis Network Overview
• What is Oasis Network?
• Outstanding features of Oasis Network
• Oasis Network technology highlights
• Products of Oasis Network
• Oasis Ecosystem Fund
• The development team, the investor of the Oasis Network project
• Oasis Network development roadmap
• Overview of the ROSE . coin
• What is ROSE coin?
• ROSE . Coin Allocation
• Where can ROSE buy and sell?
• The future of Oasis Network and should I invest in ROSE?
• summary

Oasis Network Overview

What is Oasis Network?

Oasis Network is a smart contract platform built on top of the Cosmos SDK engine. The development direction of this platform is to focus on privacy specifically for the open financial market. 

Therefore, Oasis Network prioritizes supporting applications that promote and develop data privacy, as well as focus on user security. Oasis Network has separated the consensus layer from the contract enforcement layer, while providing an integrated interface connecting the two for computation and privacy protection. 

In it, the consensus layer acts as a hub using the Proof-of-Stake (PoS) mechanism to secure the Oasis Network's network and reach consensus on the validity of transactions. The execution layer consists of many parallel runtimes (called ParaTimes) that handle specialized computational requirements for inclusion in the consensus layer.

Oasis Network offers a unique, versatile design that is highly customizable and extensible, with easy privacy enabled. This is also the reason why Oasis Network stands out from the existing Layer 1 protocols in the cryptocurrency market. At the same time, this also explains why Oasis Network has the potential to redefine the crypto application cases in DeFi today. 

Oasis Network provides a robust and customizable privacy protection model on blockchain-based applications. By separating data storage from data processing, Oasis Network provides solid solutions that help data be collectively managed in a single project. It also allows developers to fine-tune privacy rules for specific workflows. Several prominent projects such as Nebula Genomics and Binance's CryptoSafe Alliance have used the Oasis network to enhance their privacy-first features. 

Structure of Oasis Network

The Oasis Network is composed of two main parts: the Consensus Layer and the Time Layer (ParaTime Layer). In it, each class will take on a number of important functions, specifically as follows: 

• The consensus layer will take care of running the Proof-of-Stake consensus algorithm and maintaining the immutable history of the data. 
• ParaTimes will act as a parallel computing environment that can communicate with the consensus layer. 

The consensus layer and the time layer, when combined, provide secure computation and data storage for a variety of use cases.

Besides, Oasis Network supports a ParaTime which is backward compatible with Ethereum, meaning any Ethereum-based DApp can launch on Oasis Network. This network will provide the capacity to process more than 1000 transactions per second.

Compared to the 13 transactions per second of the Ethereum blockchain , the processing speed of the Oasis Network is significantly faster, and the gas fees on this network are also relatively low. Oasis Network is currently sponsoring a Hackathon on ParaTime, where any programmer can participate and earn rewards for completing various challenges.

Outstanding features of Oasis Network

Guaranteed Privacy : Oasis Network is a scalable and privacy-focused blockchain. ParaTime on the Oasis network can leverage private computing technology (Secret Computing) as secure lines of code to help protect data, unlock new use cases and applications for blockchain .

Scalable and DeFi Privacy Features : The Oasis network's privacy-first design can extend DeFi's reach to a wide range of traditional financial investors. Besides, the Oasis network also offers fast DeFi transaction processing speed with high throughput.

Enabling data first : Oasis Network can encrypt data, unlocking game-changing use cases for blockchain and a whole new ecosystem of applications and projects on the network. That is, it powers the next generation of privacy-first apps.

Oasis Network technology highlights

Scalability

Separation of Consensus: Each ParaTime will handle a complex workload, causing slower transaction processing speed. To solve this problem, Oasis Network has separated ParaTime from Consensus, multiple ParaTimes can process transactions in parallel, making transactions faster and smoother.

Discrepancy Detection: The Oasis network's sophisticated divergence detection makes it more efficient than blockchains that use models like sharding and parachain.

Privacy first

Trusted Execution Environment: In a private ParaTime, nodes will use a type of secure computing technology called TEE (Trusted Execution Environment). TEE acts as a hypothetical black box for smart contract execution in a private ParaTime. This process ensures that the data remains secure and does not leak to the outside.

Oasis ETH/WASI ParaTime: This is a prime example of private ParaTime using Intel SGX. Some other secure computing technologies applied on Oasis Network are ZKP, HE or other secure areas.

In addition, the security of the Oasis Network opens up a host of new use cases on the blockchain by allowing applications on the Oasis Network to use personal or sensitive data (such as security numbers). social security, bank statements, health information). For other Layer 1 networks, this is a relatively large risk.

Products of Oasis Network

Oasis Wallet

Oasis Network's web wallet will be the best place for users to store and stake ROSE - the network's coin. Oasis Wallet offers some typical benefits such as:

• The wallet has a high security feature to keep the user's balance in a safe state.
• The beautiful user interface allows for quick ROSE transfers between wallets.
• The wallet offers staking services with APY up to 20% to let users earn staking rewards.
• Ledger-enabled wallets allow easy access to hardware wallets.

The Chrome extension wallet has all the core features of the Oasis web wallet, with several benefits as follows:

• Simple Chrome Extension
• Easy to use ROSE in DApps built on Oasis Network
• Transfer ROSE to new wallet
• Stake ROSE to earn rewards (APY up to 20%)
• Easily keep track of the rewards you've earned
• Transfer ROSE from Ledger hardware wallet.

Wormhole Bridge and YuzuSwap

YuzuSwap's goal is to become an important piece of the Oasis Network. The platform allows users to participate in liquidity pools, swaps, trades and earn rewards with high annual interest rate (APY). In addition, YuzuSwap takes advantage of Emerald's low fees and high throughput up to 1000 TPS – ParaTime is EVM-compatible.

In YuzuSwap, there is a special feature that 80% of the transaction fees collected will go to the smart contract. This contract assumes the role of supporting and contributing to the goal of stabilizing the YUZU token price. 

With this mechanism, whenever the token price falls below the 72-hour average, that smart contract will buy back YUZU. The remaining 20% ​​of the cost will go to the DAO governance repository, where all YUZU token holders will be able to vote on how it is allocated.

Use of the DAO governance repository can include purchasing insurance to protect YuzuSwap users and incentivizing developers to build more tools for YuzuSwap, even being used as startup capital for new protocols. on the Oasis network. 

Wormhole Bridge supports connecting Oasis Network with many other blockchains such as Avalanche, BSC, Terra, Ethereum, Polygon and Solana to expand the accessibility of Oasis Network in general and YuzuSwap in particular.

Oasis Ecosystem Fund

Backed by industry-leading advocates, the $160 million ecosystem fund will be dedicated to helping developers develop apps on the Oasis Network. 

This ecosystem fund will promote projects in new areas, such as DeFi, NFT, Metaverse, data encryption, data DAOs, data governance and privacy applications, etc. on the Oasis Network. develop.

These projects will be technically backed with Oasis Network's unique technologies, including instant completion, gas fees 99% lower than Ethereum, high throughput, guaranteed privacy and ability to prevent MEV. 

In addition, this investment is allocated to support both new startups and existing projects currently building on the Oasis Network. Oasis Network has an extensive partner ecosystem that includes companies like Genetica, Nebula, Binance's Cryptosafe Alliance, BMW, and many more. 

In addition, Oasis Network's Layer 1 Blockchain University Program has attracted more than 300 registered developer groups, another program called Oasis Grants is also taking place in 2021. 

The investment of USD 160 million includes contributions from a number of key partners and large investment funds such as Pantera Capital, Electric Capital, FBG Capital, AME Cloud Ventures, Dragonfly Capital Partners, etc.

The development team, the investor of the Oasis Network project

Development team

Oasis Network's development team includes top talent from around the world and comes from famous technology companies and universities such as: Apple, Google, Amazon, Goldman Sachs, UC Berkeley, Carnegie Mellon, Stanford, Harvard… Which includes:

• Oasis Foundation: Jernej Kos – Director, Tadej Janež – Lead Engineer, Peter Us – Core Platform Engineer, Jon Poole – Community Manager.
• Oasis Labs: Dawn Song – Founder, Peter Gilbert – Director of Engineering.

Investors

Recently, Binance Labs announced its participation in the Oasis ecosystem fund to contribute to projects built on this platform. The contribution of Binance Labs has brought the Oasis ecosystem fund to a size of US$200 million. 

From 2018 to 2020, Oasis Network has raised more than 45 million USD from backers like a16z, Pantera Capital, Polychain Capital, etc.

Project partner

Oasis Network's partners are diverse, including application integration partners, Node Operators…

Oasis Network development roadmap

Oasis Network was born in 2018 and has completed the project's roadmap to 2020. Details of the 2022 roadmap are still being updated by Oasis Network and have not been announced to the community. TraderH4 team will update as soon as there is an official announcement from the project.

Overview of the ROSE . coin

What is ROSE coin?

ROSE is the coin of the Oasis Network project used to pay transaction fees, staking and authorization at the consensus layer (Consensus Layer). Some information about ROSE that investors need to know is:

• Ticker: ROSE
• Blockchain Network: Oasis Network
• Total Supply: 10,000,000,000 ROSE
• Circulating Supply: 3,49,000,000 ROSE
• Market Cap: $1,659,507,407 USD (January 27, 2022)

ROSE . Coin Allocation

Staking Rewards: 23.5% – rewards paid to stakers and delegators for contributing to the security of the Oasis network.

Strategic Partners & Reserve: 5% – This ROSE will be allocated to funding programs and services provided by key strategic partners in the Oasis Network.

Community & Ecosystem: 18.5% – This ROSE will be allocated to funding programs and services that engage the Oasis Network community. Includes Oasis Foundation developer grants and other community incentives.

Backers: 23% – this ROSE will be sold directly to backers prior to mainnet launch.

Core Contributors: 20% – This ROSE will be allocated to contributors who have contributed to the development of the Oasis Network.

Foundation Endowment: 10% – This ROSE will fund the Oasis Foundation to promote the development and maintenance of the Oasis Network.

Where can ROSE buy and sell?

Currently, ROSE coin has been listed on most major exchanges such as Binance, KuCoin, Gate.io, Bitfinex…

The future of Oasis Network and should I invest in ROSE?

The explosion of demand for data has made privacy one of the biggest concerns about the future of technology. The blockchain architecture of the Oasis Network has the potential to enable several privacy-preserving features and solve that pressing problem. 

Oasis Network provides a privacy-preserving blockchain platform that allows developers to create applications with a high degree of security and trust. By combining blockchain technology and secure computing (Confidential Computing), Oasis Network allows applications to easily integrate privacy protection features to ensure users' data and assets are always in good condition. safe state. 

In addition, Oasis Network also has a strong community of investors and partners around the world. One of the programs that influence the popularity of the Oasis Network is the Oasis Ambassador - where volunteers with a passion for the Oasis Network hold meetings, write and translate content, and answer questions from the sponsors. develop, manage online communities…

Bangladesh, Vietnam, India, Brazil, Korea, Nigeria, Philippines, Russia, China, Korea, Turkey... are some of the most well-known countries in the Oasis Network investor community. 

With more than 4 years, Oasis Network has grown continuously and gained a solid position when it entered the top 100 projects with the largest capitalization in the Crypto market. If investors are interested in this project, they can follow the project's official information through the following channels:

Website | Twitter | Telegram | Discord | Medium

summary

Thus, TraderH4 has just provided readers with all information about the Oasis Network project and the ROSE coin. Although, the technologies and features that Oasis Network provides help to partially solve security-related issues. However, investors need to do thorough research to be able to make the right decision for themselves.

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