Launched in November 2020, Oasis Network is a Layer-1 blockchain focused on privacy and security, featuring innovative architecture and unique capabilities.
Genesis of Oasis Network
Oasis Network was founded by Professor Dawn Song of Electrical Engineering and Computer Science at UC Berkeley. The network addresses key limitations in early blockchain systems, such as data exposure and scalability bottlenecks.
Architectural Foundations
Oasis operates on a modular architecture that separates consensus from execution, enabling high scalability and efficiency. The main layers include the Consensus Layer and ParaTime Layer, ensuring security and parallel processing capabilities.
Confidential Computing and ROSE Token Utilization
Oasis Network supports confidential smart contracts and offers unique features such as the Confidential Ethereum Virtual Machine (EVM). The ROSE token is utilized for transaction fees, staking, and network governance.
Oasis Network showcases an innovative approach to privacy and security issues in blockchain applications, delivering high data protection without sacrificing performance.
