About Oasis Network (ROSE)
Oasis Network is a privacy-focused project that centers on the deployment and scaling of open finance and large data ecosystems. The network aims to lay the groundwork for the evolution of the internet, commonly known as Web3. Their objective is to accommodate various applications, from decentralized finance (DeFi) to data tokenization.
The network features its own independent Layer-1 blockchain with a dual system of consensus and operational layers. The consensus layer ensures secure and high-throughput transaction processing through a Proof-of-Stake protocol, while the ParaTime layer hosts multiple parallel runtimes, each capable of independently processing various types of transactions. This structure allows for enhanced transaction throughput and efficient handling of complex computations without slowing down simpler ones.
Oasis Networkâs native token, ROSE, is a limited-supply BEP-20 cryptocurrency available on the BNB Chain, with multichain options on Ethereum, Solana, and Avalanche. The price of ROSE is updated and available in real time on Binance.