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What is Oasis Network? Rose Price Predictions
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0:00 What is Oasis Network.
0:35 Who created The Oasis Blockchain.
2:10 Oasis Blockchain Explained.
4:10 Oasis Rose Cryptocurrency.
6:00 Oasis Para-Times Explained.
7:20 Oasis Rose Tokenmics.
8:30 How much Rose do you need to stake to run a Oasis Validator.
11:00 Oasis Validator Rewards Explained.
12:05 Rose Price Predictions
13:10 Oasis Price Prediction 2023
Overview of the Oasis Network
The Oasis Network is a Layer 1 decentralized blockchain network designed to be uniquely scalable, privacy-first and versatile.
The Network has two main architectural components, the consensus layer and the ParaTime layer.
1. The consensus layer is a scalable, high-throughput, secure, proof-of-stake consensus run by a decentralized set of validator nodes.
2. The ParaTime layer hosts many parallel runtimes (ParaTimes), each representing a replicated compute environment with shared state.
Technology Highlights
• Separates consensus and execution into two layers — the consensus layer and the ParaTime layer — for better scalability and increased versatility.
• Separation of consensus and execution allows multiple ParaTimes to process transactions in parallel, meaning complex workloads processed on one ParaTime won’t slow down faster, simpler transactions on another.
• The ParaTime layer is entirely decentralized, allowing anyone to develop and build their own ParaTime. Each ParaTime can be developed in isolation to meet the needs of a specific application, such as confidential compute, open or closed committees, and more.
• The network’s sophisticated discrepancy detection makes Oasis more efficient than sharding and parachains — requiring a smaller replication factor for the same level of security.
• The network has broad support for confidential computing technology. The Oasis Eth/WASI Runtime is an open source example of a confidential ParaTime that uses secure enclaves to keep data private while being processed.
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