Buy Oasis Network

Oasis Network, also known as ROSE, is a blockchain designed to accelerate the growth of decentralized finance (DeFi) and protect user privacy. The goal of Oasis Network is to overcome obstacles such as high fees and lack of privacy in DeFi. The blockchain has a high processing speed and can process up to a thousand transactions per second. This is made possible by separating consensus and transaction computation into two layers, making the network more efficient.

What sets Oasis Network apart is the way it handles user data. Developers can create smart contracts that encrypt data and keep it confidential throughout the process to ensure privacy. Users can tokenize their data, such as personal or financial information, on the blockchain and stake it, earning rewards while maintaining full control over their data.

ROSE is the cryptocurrency of Oasis Network used for staking, delegation and transaction fees. With a maximum supply of 10 billion tokens, ROSE incentivizes participation in the network and contributes to its security.

Who founded Oasis Network?

Oasis Network was founded by Dawn Song, a professor at the University of California, Berkeley and an expert in computer security and artificial intelligence. The project is managed by Oasis Labs, whose team consists of talented individuals from all over the world.

Oasis Network addresses various challenges within blockchain and DeFi and offers a variety of features and applications:

• Access to DeFi applications: The network supports a wide range of financial services, including loans, insurance, exchanges, and marketplaces. Developers can also build their own DeFi applications on Oasis Network.
• Privacy-focused smart contracts: Smart contracts on Oasis Network ensure data privacy. This allows developers to build applications that process sensitive information without exposing it.
• Data tokenization: Oasis Network allows users to tokenize data, making data tradable within the ecosystem. Users retain full control over their information, allowing for secure data sharing or selling.
• Cross-chain interoperability: Thanks to the integration of the Wormhole bridge, Oasis Network supports asset migration and interaction between different blockchains. This increases accessibility and usability for both users and developers.

The Oasis Network architecture is designed to protect privacy and optimize scalability.

Consensus Layer

The foundation of the Oasis Network is the Consensus Layer, where transactions are validated and added to the blockchain. This layer uses a Proof-of-Stake (PoS) consensus mechanism, where validators stake ROSE tokens to validate new blocks and earn rewards.

ParaTime Layer

The ParaTime layer is where transactions and smart contracts are actually executed. ParaTime stands for 'Parallel Runtime', which means that the network can host multiple independent runtime environments simultaneously. This allows developers to build parallel applications without sacrificing performance.

Each ParaTime is a separate environment optimized for specific tasks or applications, giving developers the flexibility to build custom solutions that fit their needs.

Trusted Execution Environments (TEEs)

Some ParaTimes can use Trusted Execution Environments (TEEs) to execute confidential smart contracts. Encrypted data is sent along with a smart contract to the TEE, where it is decrypted and executed. The result is then encrypted and sent back to the node. This keeps the data content secure and not exposed to third parties.

The tokenization of data

Oasis Network supports the tokenization of data, allowing individuals and businesses to maintain ownership and privacy over their data. This tokenized data can then be leveraged for data-driven DeFi applications and services on the Oasis Network. Users can stake their tokens in applications while retaining full control and earning rewards. Several companies, including Chainlink, BMW Group, and Balancer, have already built applications using tokenized data on the Oasis Network.

To stake ROSE, token holders need to use the official wallet of the Oasis Network. You can buy ROSE at Bitvavo and then send it to the official wallet for staking. In the wallet, select the option to stake and choose a validator to which you want to delegate your tokens. Indicate how many ROSE tokens you want to stake and confirm the transaction.

Once ROSE tokens are staked, rewards are earnt immediately. These rewards can be up to 12% APY depending on the duration and amount of staking.

Oasis Network stands out from other blockchains due to several features; namely privacy, scalability, and usability.

• Privacy-focused DeFi: Oasis Network places great value on user privacy. All users can securely store and manage sensitive data while using privacy-respecting DeFi products.
• High scalability and throughput: Oasis Network can process up to a thousand transactions per second, making it particularly suitable for DeFi applications.
• EVM compatibility: Oasis Emerald, the EVM-compatible Paratime, enables integration with existing Ethereum dApps. This makes it easy for developers and users to migrate to or expand on the Oasis Network.
• Data tokenization: Users can tokenize and stake data to earn rewards while maintaining full control over how their information is used.

Oasis Network (ROSE) can be bought through Bitvavo. Our platform is suitable for both novice and experienced traders. Follow these steps to buy ROSE via our website or app:

1. Log in to your Bitvavo account or create a new account.
2. Deposit money into your account by clicking "Deposit".
3. Go to the Oasis Network (ROSE) purchase page.
4. Enter the amount in euros you want to invest or the number of ROSE tokens you wish to buy, and click "Buy".

The price of ROSE depends on the current market value. Once your purchase is complete, the ROSE tokens will be automatically deposited into your Bitvavo account. You can manage them and sell them from here, allowing you to quickly respond to market changes.

Your Oasis Network tokens are safely stored in your Bitvavo account, where the majority of assets are securely stored in offline cold storage. Enabling two-factor authentication (2FA) is highly recommended for an extra layer of security for your account.

For those who prefer personal storage, most software and hardware wallets now support Oasis Network. You can effortlessly purchase and transfer ROSE to an external wallet by linking your wallet address to your Bitvavo account, allowing you to retain full control over your coins.