Oasis (ROSE)
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About ROSE
Oasis Network (ROSE) is a privacy-first, Layer 1 blockchain built to support confidential smart contracts, scalable decentralized applications, and next-generation Web3 use cases such as data tokenization and DeFi. It features a modular architecture with a separation of consensus and execution layers, enabling high throughput, low fees, and enhanced data privacy. At the heart of the Oasis Network is the ParaTime layer — a parallel execution environment that supports multiple runtimes optimized for specific applications. One of its flagship runtimes is Cipher, designed for confidential smart contract execution using Trusted Execution Environments (TEEs). This makes Oasis particularly suitable for use cases requiring secure data handling, such as decentralized identity, private DeFi, and AI model training. The native token, ROSE, is used for transaction fees, staking, and delegation within the network. ROSE secures the consensus layer via a proof-of-stake mechanism and allows users to participate in governance through delegated validators. The Oasis ecosystem also includes the Oasis Sapphire ParaTime, an EVM-compatible privacy runtime that lets developers build Ethereum-compatible dApps with built-in confidentiality features. With its focus on privacy, scalability, and real-world usability, the Oasis Network empowers developers and enterprises to build secure decentralized applications while offering users control over their own data in an open, decentralized environment.
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Frequently Asked Questions about Oasis
What is the Oasis Network?
The Oasis Network is a Layer 1 blockchain protocol designed for scalability, privacy, and modular execution. It enables confidential smart contracts and is optimized for Web3 applications requiring data security and user privacy.
Where can I buy Oasis (ROSE) tokens?
Oasis (ROSE) tokens can be purchased on centralized cryptocurrency exchanges such as Binance, Coinbase, KuCoin, Gate.io, and WhiteBIT. Wrapped ROSE tokens can also traded on BSC DEXs such as PancakeSwap.
Where can I store Oasis (ROSE) tokens?
ROSE can be stored in supported wallets such as ROSE Wallet, MetaMask (via Oasis Sapphire), and other wallets that support the Oasis Network or its EVM-compatible runtimes. Additionally, Wrapped ROSE on the BSC network can be stored in Bitcoin.com Wallet, Trust Wallet, and other BSC wallets.
What is ROSE used for?
ROSE is the native token used for transaction fees, staking to secure the network, and participating in on-chain governance through validator delegation.
What are ParaTimes?
ParaTimes are parallel execution environments on the Oasis Network. They allow multiple smart contract runtimes to operate simultaneously, each optimized for specific workloads such as privacy or EVM compatibility.
What is Oasis Sapphire?
Oasis Sapphire is an EVM-compatible ParaTime that enables developers to deploy Ethereum-based dApps with native confidentiality features, thanks to Oasis’s privacy-preserving architecture.
What makes Oasis different from other Layer 1 blockchains?
Oasis separates its consensus and execution layers for better scalability and supports confidential smart contracts via secure enclaves, enabling private data handling not available on most blockchains.
Is the Oasis Network suitable for DeFi?
Yes. Oasis supports private DeFi applications where transaction data, balances, and strategies can remain confidential, offering a privacy-first alternative to public DeFi protocols.
Can developers build on Oasis using Solidity?
Yes. Developers can use Solidity to build dApps on the Oasis Sapphire ParaTime, which is EVM-compatible and adds native confidentiality to Ethereum smart contracts.
How do I participate in Oasis governance?
ROSE holders can delegate their tokens to validators and participate in network governance by voting on proposals and protocol upgrades via staking-enabled wallets.