Oasis (ROSE) Price

ROSE token is the main token of Oasis Network that will support the activities within the Oasis Network ecosystem. The ROSE token will be used for ecosystem transaction fees, token staking, and delegations within the consensus layer. ROSE token has a circulating supply of 1.5 billion tokens at launch and a 10 billion tokens total supply.

What is Oasis Network's aiming is to spearhead the privacy component and scalability with a layer 1 solution decentralized network that focuses on scalability and privacy. Supported by 2 main architectural components which are the Consensus Layer and ParaTime Layer.

The consensus layer is a proof of stake consensus focused on high throughput, security, and scalability that are run by a set of decentralized validator nodes while the ParaTime layer can host several parallel runtimes representing a replicated compute environment.

ROSE Features and Updates

How does Oasis Network work? The ecosystem is equipped with truly revolutionary features and designed to be the next-generation ecosystem built to support private, scalable decentralized finance, and to revolutionize open finance expanding through the mass audience and not limited to traders and early adopters. Oasis Network will not only revolutionize decentralized finance and Web3 but will also make a new wave of assets that enables users to own their data and to be tokenized.

Separating consensus and execution into two layers which are the consensus layer and the ParaTime layer equates to scalability and improved versatility by allowing ParaTime to process multiple parallel transactions.

ParaTime Layer is decentralized, allowing anyone to openly develop and build their own ParaTime. Each ParaTime can be built individually and in isolation enabling it to meet the standard of specific applications.

Oasis Network is more efficient compared to sharding and parachains through the network’s sophisticated discrepancy detection that requires a smaller factor for the same level of security efficiency.

Equipped with broad support for confidential computing technology. Oasis Network Eth/WASI runtime is an open-source confidential ParaTime that ensures keeping the data safe and private while being processed.

Emerald ParaTime is an Ethereum virtual machine compatible ParaTime built to solve problems encountered by solidity developers which are high fees and low throughput. Emerald ParaTime solves both problems by increasing the transaction amounts to 1,000 per second and reducing gas fees by 99% + compared to Ethereum.

Cipher ParaTime is known also known as the confidential smart contract as it is designed for holding the features of enabling Oasis Network privacy-preserving smart contracts.

Parcel ParaTime is a confidential data storage, governance, and computing ParaTime. Parcel ParaTime already has big partners like Nebula Genomics, Genetica, and BMW using ParaTime to store private data.

ROSE Team

The Oasis Network team consists of top talent with a heavy background working with top companies like Apple, Google, Amazon, Goldman Sachs, UC Berkley, Carnegie Mellon, Stanford, Harvard, and more. With the majority of the core engineering team has a Ph.D. level educational background committed to the growth of the ecosystem. Oasis Network is backed by top Venture Capitalist firms and big investors like Andreessen Horowitz, Accel, Binance Labs, Polychain, Pantera Capital, and many other reputable investing firms.