Oasis (ROSE)

An Introduction to the Oasis network
Written by StakeSeeker
Updated 1 year ago

Oasis (ROSE)

Oasis Network is a Layer-1, Proof-of-Stake blockchain that enables private smart contracts, high scalability, and data tokenization. The network is separated into two main components to preserve data privacy and confidentiality of transactions – the Consensus Layer and the ParaTime (execution) Layer. Oasis Network prioritizes applications and unlocks new use-cases that promote data privacy and user confidentiality. Combined with its high throughput and secure architecture, the Oasis Network gained notoriety for its confidential computation tech that sits at the core of the ecosystem.

The Oasis Foundation, an organization that promotes development on the Oasis Network, has launched a $160 million ecosystem fund to attract new developers to the Oasis Network to build the next generation of decentralized applications.

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