What cryptocurrency are you most optimistic about in 2024#2024
Today I would like to share with fans this bull market, Binance’s eighth coin with 30-100 times potential #rose $ROSE
Those who understand this currency should know that ROSE belongs to privacy. Some people will ask: Guo Lao, rose is privacy, shouldn't it be banned? In fact, rose is about privacy, not a privacy coin, like the dark web sector. It is the privacy of WEB3. In the world of WEB3, users gain control (the project party cannot delete me, my data is mine, I can rent it to others, or sell the data to others.)
In January 22, during basically a bear market, Binance invested US$40 million in ROSE. It’s a bear market, Binance invested 40 million US dollars, which is a big deal. The coins invested in Binance have not been sold yet. What is so great about it that Binance is willing to invest $40 million? Let's find out...
Rose’s boss is a Chinese woman named Song Xiaodong.
As a blockchain-based cloud computing platform, Oasis Labs solves the pain points of blockchain in performance, security, and privacy through "software and hardware integration technology", enabling computing-intensive applications such as AI (machine learning) to be built in the region. Above the bottom layer of the blockchain. It separates calculation, consensus, and storage, and calculates nodes in parallel to generate results, and submits the results to the consensus layer, which is verified and uploaded to the chain. Since network consensus does not require all nodes to be carried out, the performance is greatly improved, and each calculation The node adopts the TEE trusted execution environment, and any external applications and underlying systems cannot obtain the execution code and sensitive data inside the node's secure area enclave, effectively solving the scalability and privacy issues that currently exist in public chains.
The Oasis Labs team has a total of 42 people, most of whom are from the University of California, Berkeley. Its team members generally have good academic qualifications, deep technical backgrounds, and high industry fit. The core members of the team have previous entrepreneurial experience in related fields. Its CEO Dawn Song (Song Xiaodong, personal homepage: https://people.eecs.berkeley.edu/~dawnsong/) is a recipient of the MacArthur Genius Award (MacArthur Fellow), a professor of computer science at the University of California, Berkeley, and a blockchain researcher. One of the founders of the chain alliance IC3, his research areas include deep learning, security, distributed systems and blockchain. She founded a computer security company called Ensighta Security, which was acquired by another computer security company, FireEye, in 2013.
In terms of investment, Oasis labs’ investors are extremely powerful in blockchain projects. They include not only first-line crypto funds such as Bitmain, A16z, XRP Captal, Pantera Capital, and Polychain, but also traditional star VCs such as Accel and Gaorong. With the entry of capital, the funds raised reached US$45 million.
The Oasis team is comprised of top talent from around the world, with backgrounds from Apple, Google, Amazon, Goldman Sachs, UC Berkeley, Carnegie Mellon, Stanford, Harvard, and more—all dedicated to scaling impact Oasis Network. (All core engineering team are PhD educated)
Rose is a privacy expert, especially her boss, who is an expert in security and has connections with the White House and the US military, which is normal.
The blockchain itself needs to implement three functions, namely: consensus, calculation and storage, and current blockchain projects mix these three functions together. Each node needs to perform these three functions, which will cause problems for the region. Blockchain as a whole creates a scalability bottleneck.
Oasis Labs specifically designed consensus and calculation into a consensus layer and a Paratime layer. Its unique design greatly enhances the scalability of the overall network compared to other competing products, supports computationally intensive operations such as machine learning, and provides rich future application scenarios.
The Oasis network separates consensus services and computation, significantly improving the overall performance of the network. Its core design mainly divides consensus and computation into a consensus layer and a ParaTime layer.
Different from sharding, Oasis Labs uses differential detection (discrepancy detection). Once the results output by the computing nodes conflict, the nodes in the consensus layer will verify which node's processing process has been tampered with, and then remove the erroneous node from the network. Eliminate, because in general, for the sake of security, all nodes in the blockchain must calculate hash values to ensure that the state is consistent, so as to reach a consensus. With differential detection, Oasis Labs can maintain the same state as the sharding in the case of smaller state replication. The same security level, thereby improving performance while ensuring network security.
In addition to separating the computing layer from the consensus layer, ROSE also creates a TEE trusted execution environment and runs contracts in a black box.
In order to ensure the privacy of the blockchain network, Oasis Labs uses Intel's SGX extended instruction set (a specific implementation of the TEE Trusted Execution Environment), which can be regarded as a "black box" in a secure area. The running contract code and data will not be illegally called by external programs or processes with any authority, or even the underlying operating system itself. Sensitive data will be encrypted and entered into this "black box" together with the smart contract, and then the decrypted data will be run by the smart contract. The results are generated, and finally the calculation results are encrypted before sending out the "black box". The entire process protects data privacy and ensures that sensitive data will not be leaked to computing nodes or software developers.
Oasis Labs specifically designs consensus and calculation into a consensus layer and a Paratime layer. Its unique design greatly enhances the scalability of the overall network compared to other competing products, supports computationally intensive operations such as machine learning, and provides rich future application scenarios. It is a public chain that is more suitable for the development of AI.
In terms of privacy protection, it uses the TEE Trusted Execution Environment as a solution. The computing nodes need to support the TEE Trusted Execution Environment. Smart contracts are run in "little black rooms" to effectively protect sensitive data and code. The active feature is privacy. Protect.
http://gardentools.jamie-oconnell.com/acc_score.html
Foreigners who are specifically monitoring ROSE’s wallet whale movements can refer to this website. oasis1qpg2xuz46g53737343r20yxeddhlvc2ldqsjh70p
This address belongs to Binance and holds a total of 1/3 of ROSE.
Binance has basically not changed much since holding ROSE.
CZ invested in ROSE (English for rose) at that time, accounting for 1/3 of the circulation. In April last year, Binance's ROSE was worth US$136 million.
It is hard to imagine that Binance can control 1/3 of the mainstream copycats on Binance. How much Binance can pull in the future is a matter of left hand and right hand.
Why did Binance invest so much money in ROSE and account for such a large proportion of the products? It feels like Binance is working on this project. My immature guess, because there is no basis, is just a guess. The boss of ROSE is a relatively powerful Chinese, and has a good relationship with the LINK NEAR project parties. The boss of ROSE can also talk to the White House and the US military, and it involves US national security. On the other hand, this woman should have many connections. CZ is afraid that Americans will use national security, user privacy, etc. to impose sanctions, so it invests in Chinese people. It hopes to find some connections to talk to them when it is useful. Because we are all retail investors, we can only make rough guesses without theoretical basis.
This woman has been cited more than 60,000 times in her literature. She is known as the godmother of computer security and has great authority in computer security and privacy.
Summary: ROSE is a private public chain. The founder is the godmother of computer security in the United States. There are many investment institutions. Especially during the bear market, Binance invested 40 million US dollars, which is surprising. At the same time, Binance occupies 1/3 of the chips. For WEB3 to be applied on a large scale, privacy issues are a technology that must be overcome. At the same time, the consensus layer and computing layer of ROSE are separated (many public chains have consensus and computing mixed together), which facilitates the development of computing-intensive operations such as machine learning. Therefore, ROSE was originally Designed for privacy, it is particularly suitable for AI public chains. Binance delisted XMR, and the development of traditional privacy coins was limited. Public chains for privacy computing gained more attention and resources. According to history, MATIC, as a side chain of Ethereum, focuses on the development of games. In the last bull market, the horse's hoof pulled 100 times. ROSE can be regarded as a private version of MATIC. It is compatible with Ethereum and will become the next horse. At the same time, considering that 1/3 of the huge chips in Binance’s hands require a big increase to be able to sell them out, hypothetically, 1/3 of the coins will be released. , can you pull it 3-5 times to finish it? Therefore, our community believes that ROSE is the horseshoe of the last bull market, and it is a fixed investment coin. If you get it in the bull market, it will be 50 times.
