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About Oasis Network(ROSE)
What Is Oasis Network?
The Oasis Network is a privacy-enabled Layer 1 blockchain platform, designed to restore control and ownership of data to users through confidential smart contracts. These contracts maintain data privacy even during processing, fostering a responsible data economy. The network is akin to renowned platforms like Ethereum and Bitcoin but stands out with its enhanced transaction speeds, capable of handling around 1000 transactions per second. This feature positions it as a formidable alternative to Ethereum, especially with its focus on low transaction costs.
In a digital era where personal data has become a highly sought-after commodity, the Oasis Network aspires to reshape the data economy. It envisions a decentralized data marketplace where users have the autonomy to control, stake, and monetize their data without compromising their privacy. This approach not only safeguards users' data but also opens up avenues for them to earn from the data they share with businesses.
Resources
Whitepapers: https://docsend.com/view/aq86q2pckrut2yvq
Official website: https://oasisprotocol.org/
How Does Oasis Network Work?
At the core of the Oasis Network's functionality is its unique two-layer architecture: the Consensus Layer and the ParaTime Layer. The Consensus Layer, powered by a scalable Delegated Proof-of-Stake (DPOS) consensus algorithm, is managed by a decentralized set of validators. This layer is responsible for maintaining the network's security and integrity. On the other hand, the ParaTime Layer hosts multiple parallel runtimes (ParaTimes), each representing a replicated computation environment with a shared state, enhancing the network's scalability and supporting intensive computations.
This separation facilitates concurrent transaction processing, ensuring that complex workloads in one ParaTime do not hinder the performance of others. Furthermore, the network leverages Tokenized Data, allowing users and developers to log policies with high integrity while ensuring data privacy through confidential computing. This feature has attracted several reputable projects, including Binance and Chainlink, to utilize Oasis's Tokenized Data.
What Is The GNO Token?
The ROSE token, the native utility token of the Oasis Network, plays a pivotal role in the ecosystem. With a capped supply of 10 billion tokens, it serves multiple purposes including transaction fees, staking, and delegation at the Consensus Layer. It also offers staking rewards to incentivize users to secure the network.
Oasis Network’s Impact on Finance
The Oasis Network stands as a beacon of innovation in the financial sector, particularly in the burgeoning DeFi space. Its privacy-first design empowers developers to create financial applications that can potentially integrate with traditional financial networks, bringing DeFi features to a broader audience. Moreover, its approach to data control flips the traditional business model, enabling users to benefit more from their Web 3.0 experiences.
What Determines Oasis Network’s Price?
The Oasis Network (ROSE) value is a hot topic in the cryptocurrency sphere, with enthusiasts avidly discussing the ROSE token forecast on platforms like Oasis Network (ROS)E Reddit and ROSE cryptocurrency Twitter. The ROSE token price is influenced by its innovative technology and strong community backing, reflected in its growing market cap. Investors keenly follow ROSE crypto news and Oasis Network token updates to make informed investment decisions.
The ROSE token price history showcases a trajectory influenced by broader crypto market trends and its developmental milestones. Strategic partnerships and collaborations have played a pivotal role in its price dynamics, as depicted in the ROSE crypto chart. As the network embarks on a roadmap focused on launching new smart contracts and DeFi apps, the ROSE token trading volume is anticipated to surge, making it a focal point in ROSE cryptocurrency prediction discussions.
Conclusion
In conclusion, the Oasis Network, with its groundbreaking approach to data privacy and decentralized finance, stands at the cusp of a new era in the blockchain and cryptocurrency domain. Its innovative architecture and the promising ROSE token are paving the way for a more secure, efficient, and user-centric digital economy. As it continues to foster collaborations and expand its ecosystem, the Oasis Network is undeniably a project to watch, holding the potential to redefine the paradigms of data ownership and financial transactions in the digital space.
ROSE to local currency
Crypto calculator- 1 ROSE to USD$0.09
- 1 ROSE to JPY0.08628464
- 1 ROSE to VND0.08628464
- 1 ROSE to RUB0.08628464
- 1 ROSE to EUR (Español)0.08628464
- 1 ROSE to TRY0.08628464
- 1 ROSE to EUR (Italiano)0.08628464
- 1 ROSE to EUR (Français)0.08628464
- 1 ROSE to EUR (Deutsch)0.08628464
- 1 ROSE to CNY0.08628464
- 1 ROSE to TWD0.08628464
- 1 ROSE to EUR (Português)0.08628464
- 1 ROSE to IDR0.08628464
- 1 ROSE to THB0.08628464
- 1 ROSE to PLN0.08628464
- 1 ROSE to UAH0.08628464
- 1 ROSE to UZS0.08628464
- 1 ROSE to SAR0.08628464
- 1 ROSE to PHP0.08628464
How to buy Oasis Network (ROSE)
Trade ROSE perpetual futures
After having successfully signed up on Bitget and purchased USDT or ROSE tokens, you can start trading derivatives, including ROSE futures and margin trading to increase your income.
The current price of ROSE is $0.08628, with a 24h price change of +1.36%. Traders can profit by either going long or short onROSE futures.
Join ROSE copy trading by following elite traders.
Oasis Network news
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Oasis Network Social Data
In the last 24 hours, the social media sentiment score for Oasis Network was 1, and the social media sentiment towards Oasis Network price trend was Bearish. The overall Oasis Network social media score was 153, which ranks 224 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Oasis Network being mentioned with a frequency ratio of 0.02%, ranking 125 among all cryptocurrencies.
In the last 24 hours, there were a total of 1,226 unique users discussing Oasis Network, with a total of Oasis Network mentions of 199. However, compared to the previous 24-hour period, the number of unique users increase by 15%, and the total number of mentions has decrease by 18%.
On Twitter, there were a total of 1 tweets mentioning Oasis Network in the last 24 hours. Among them, 0% are bullish on Oasis Network, 100% are bearish on Oasis Network, and 0% are neutral on Oasis Network.
On Reddit, there were 29 posts mentioning Oasis Network in the last 24 hours. Compared to the previous 24-hour period, the number of mentions increase by 12% . Additionally, there were 0 comments mentioning Oasis Network. Compared to the previous 24-hour period, the number of mentions decrease by 0%.
Visão geral das redes sociais
1