Oasis Network is a blockchain that provides a privacy and security foundation for Web 3. It is designed to be adaptable and efficientto support and incorporate new technology developments and use cases. The blockchain was created by professor Dawn Song in 2018.
Oasis Network consists of two main parts: the consensus layer and the ParaTime layer.
The former is a group of validators working together with a Proof-of-Stake consensus mechanism to ensure that transactions are processed in a secure and efficient manner.
The latter helps the network to process different transactions at the same time, which allows for fast transactions. The ParaTime layer is also highly versatile as it can be customized to meet the specific needs of a particular application.
ROSE is the native token that powers the Oasis Network. It is used to pay for gas fee, stake, and join governance.
ROSE has a hard cap of 10,000,000,000. 5,725,718,533 ROSE is in circulation.
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