What is Oasis Network (ROSE)? | Oasis Network ROSE Explained in Under 60 Seconds

2 years ago
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The Oasis Network is a next generation privacy-enabled blockchain solution for open finance and a responsible data economy.

The network is powered by the Oasis Network native token ROSE. ROSE crypto is used for transaction fees, staking rewards and delegation.

▶ Search All Crypto Tokens (Name or Symbol) https://cryptodefirevolution.com/

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Privacy-Enabled Blockchain - As a scalable, privacy enabled blockchain, Oasis Network keeps all data confidential. This enables new blockchain use cases and applications, such as the support of confidential smart contracts.

The Oasis Network brings private DeFi to the mass market with high scalability, private smart contracts, and the unique ability to tokenize data. These features enable blockchain innovations such as private lending, undercollateralized loans, private AMMs, and more.

Tokenized Data - Data can be tokenized on the Oasis Network, allowing users to earn rewards by staking data, and develop privacy-first applications in the responsible data economy.

Parallel Smart Contract Layers - The consensus and execution are separated into two layers, allowing multiple ParaTimes to process transactions in parallel for faster, more versatile transactions.

WEBSITE: https://oasisprotocol.org/

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