Oasis

What Is Oasis Network? Oasis is the pioneering layer 1 blockchain designed to enable scalability and confidential compute. Oasis is home to Sapphire, the first confidential EVM that empowers Web3 and Decentralized AI developers to build dApps with Smart Privacy natively on Oasis or other EVM-based chains. ROSE is the native token of the Oasis Network used for gas fees, staking, delegation and governance. With a unique layered architecture, Oasis presents the optimal building and execution environment for DeFi, AI, GameFi, NFTs, the metaverse, data tokenization and DAO governance. Oasis also has native support for rollups at the consensus layer. What Makes Oasis Network Unique? * Smart Privacy Better dApps require smarter privacy. This is why Oasis focuses on delivering Smart Privacy to Web3 and AI in the form of a flexible, fully customizable confidentiality framework that replaces the rigid, complex and inefficient tools in the status quo. With technologies like the Sapphire runtime and its accompanying Oasis Privacy Layer (OPL) for EVM-based chains, Oasis brings cutting edge confidentiality to any Web3 developer, even ones that don’t build directly on the Oasis Network. For applications running on a separate host chain, OPL allows the powerful privacy features of Sapphire to be integrated on any layer of Web3. By creating a spectrum of confidentiality with unlimited customizability, Oasis is redefining how developers think about integrating privacy and reshaping the toolset available for prioritizing privacy in Web3 and AI. * Layered Architecture Architecting the Oasis Network started with a key decision to separate the network’s consensus layer from the compute layer. Oasis provides privacy-preserving computation via runtime environments on the compute layer. A proof-of-stake (PoS) mechanism secures the consensus layer, which acts as a hub for reaching network-wide agreement on transaction ordering, validity and global state. The compute layer, which functions as the execution platform for smart contracts, consists of multiple parallel runtimes (ParaTimes) that are built for specialized computation needs. This layered approach allows for a dynamic and low-cost deployment of any dApps running on Oasis or using Oasis technology while running on another host network. Each ParaTime plugs into the Oasis consensus layer. Each Oasis runtime can also evolve independently of the others while maintaining security provided by the consensus layer, enabling users and developers to have complete control over the execution and confidentiality of their dApps and associated data. * Efficient Confidentiality Oasis differentiates itself from other privacy networks and technologies by optimizing for both efficiency and confidentiality simultaneously. Every dApp manages different amounts and types of user data, but every data load can be processed on Oasis with the same level of efficiency. From data-heavy smart contracts to simple transaction data, both can be executed efficiently with optional end-to-end encryption in one of the Oasis runtimes. By operating separate consensus and compute layers, Oasis allows its execution environments to operate unencumbered by each other. Consensus is settled on a separate layer and accessed by applications running on the compute layer when necessary. While other networks offer extreme privacy only through inefficient computation or extreme efficiency without robust privacy, the Oasis architecture enables both. Contributors The Oasis Network is built and contributed by a vibrant, decentralized community of engineers and developers. Notably, many of the core contributors hold PhD degrees and are specialists in computer security and cryptography. Oasis is also supported by a cadre of industry leading backers and external contributors who collectively support a $235 million Ecosystem Fund to foster ecosystem development in Oasis. The Oasis Foundation also runs an active grants program to support builders and creators using the network. How Many Oasis Network (ROSE) Coins Are There in Circulation? The current supply of Oasis Network ROSE is 6.5 billion tokens, with a total supply of 10 billion ROSE. The initial token distribution upon genesis was as follows: * 23.5% – Staking rewards * 23% – Backers * 5% – Strategic partners and reserve * 18.5% – Community and ecosystem * 10% – Foundation endowment * 20% – Core contributors ROSE is used for transaction fees, staking, delegation and governance on the Oasis Network consensus layer. ROSE is also used for transaction fees and compute costs in the Oasis compute layer. How Is the Oasis Network Secured? Oasis is secured by a proof-of-stake (PoS) mechanism on its consensus layer with a decentralized set of validator nodes operated by a global network of independent users. Fraud proofs based on discrepancy detection secure the separate compute and consensus layers in the network. For confidential runtimes like Sapphire and Cipher, Oasis nodes are required to use a type of secure computing technology called a Trusted Execution Environment (TEE), which acts as a black box for smart contract execution leveraging encrypted memory and remote attestation. Encrypted data goes in along with the smart contract and validity proofs. Data is then validated, decrypted and processed by the smart contract. Contract data is then encrypted before it is sent out of the TEE. This process not only reduces developer and user friction, but it also ensures that data remains confidential and is never leaked, even to node operators or application developers. Technology The Oasis compute layer supports multiple parallel runtime, or ParaTime, environments which allows Web3 developers to build decentralized applications on any existing runtime or even launch their own. Unique ParaTimes can be developed in isolation to meet the specific requirements of any application, including privacy parameters, staking requirements, development…