Oasis Network | Oasis Network ROSE | Oasis Network Rose Review
170Oasis Network | Oasis Network ROSE | Oasis Network Rose Review
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Welcome to our Oasis Network Video!
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.
The Consensus Layer is a scalable, high-throughput, secure, proof-of-stake consensus run by a decentralized set of validator nodes.
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.
Oasis Network Overview
Designed for the next generation of blockchain, the Oasis Network is the first privacy-enabled blockchain platform built to scale for open finance, a responsible data economy, and web 3. Combined with its high throughput and secure architecture, the Oasis Network will power private, scalable DeFi, revolutionizing Open Finance and expanding it beyond traders and early adopters to a mass market. Its unique privacy features will not only redefine DeFi and Web 3 but also create a new type of digital asset called Tokenized Data. This will enable users to take control of the data they generate and earn rewards for staking it with applications, creating the first-ever responsible data economy.
Why the Oasis Network?
Privacy-Enabled Blockchain: The Oasis Network is the world’s leading scalable, privacy-enabled blockchain.
Scalable, Private DeFi: The DeFi market is still in its infancy, with trillions of dollars in existing financial markets ready to enter the space.
Enables Data Tokenization: The Oasis Network can Tokenize Data.
Rapidly Growing Community: The Oasis Network has a thriving community of node operators, developers, enterprise partners, ambassadors, and community members engaged in global social channels
I hope you found value in our Oasis Network video. Make sure to leave a like on the video if you gained value from it!
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The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
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⏰TimeStamps⏰
0:00 intro
0:33 oasisprotocol
10:33 twitter
10:55 Summary
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