Oasis Network is a decentralized blockchain network built by Oasis Labs. It is committed to building a blockchain-based "cloud computing platform", which can achieve privacy protection, security and performance. Using the software and hardware of the project Integrating technologies that enable computing-intensive applications such as artificial intelligence to be implemented on the blockchain for the first time.

Project Vision:

Powering privacy-preserving, scalable decentralized finance (DeFi).

Market needs:

There are some technical flaws in the current large-scale blockchain infrastructure, such as Ethereum, which has no privacy protection function. But in commercial applications, privacy protection is necessary and very important. In addition, the blockchain itself needs to implement three functions, namely: consensus, calculation and storage, and the current blockchain projects all mix these three functions together, and each node needs to perform these three functions, which will Bring scalability bottlenecks to the blockchain as a whole.

Solution:

Oasis Network proposes the concept of separating computing and consensus. After separation, the parallel computing layer can have better parallel computing capabilities and can support many ParaTimes running at the same time. At the same time, Oasis also combines distributed accounting and secure computing, and combines technological innovation and uniqueness at the ParaTime layer level, which can support DeFi with scalability and privacy protection functions, and can support brand-new data at the same time assets. In the case of combining blockchain and secure computing, Oasis can complete data verification, and at the same time apply data with privacy protection, obtain value from it, and generate new data assets.

Project Highlights:

Excellent privacy computing performance. The Oasis network separates consensus and computing into a consensus layer and a computing layer. The computing layer uses the TEE trusted execution environment to run smart contracts. This unique architecture enables the Oasis network to ensure the scalability and privacy of the main chain. Under the premise, it supports computationally intensive use cases, such as machine learning and deep learning, and has broad application prospects in the future;

Backwards compatible with Ethereum. Supports Rust and all EVM-compatible programming languages. In the future, the smart contracts of Ethereum can be quickly migrated to the Oasis Labs network, which is more conducive to attracting developers to enter the Oasis ecosystem;

The team is strong. The founder and CEO is Professor Song Xiaodong, the godmother of computer security. Most of the team members are from the University of California, Berkeley, with a strong technical background and a high degree of industry fit;

Well-known investment institutions get together. The investment institutions behind it are bright. Well-known institutions such as a16z crypto, Binance Incubator, Polychain, Gaorong Capital and Coinbase co-founder Fred Ehrsam participated in the investment in Oasis.

Incentives:

On October 23, Oasis announced the launch of a liquidity mining mechanism called ROSE Garden. Participating users will be rewarded with ROSE tokens, and a total of 30 million Roses will be rewarded to users. According to the official introduction, the opening time of the liquidity mining participation window is 8 am on October 29th, Beijing time, and the closing time of the participation window is 7:59 am on December 15th.

Token distribution and release:

Supporters 23%: Tokens are sold directly to backers prior to mainnet launch.

Unlock ⅓ with a 40-day lock-up period after the mainnet launch, ⅓ with a 12-month lock-up period, and ⅓ with an 18-month lock-up period

CoreCore Contributor 20%: Compensation for core contributors who have contributed to the development of the Oasis network.

10% Foundation Donation: Donate to the Oasis Foundation to promote the development and maintenance of the Oasis network.

Community and Ecosystem 22.5%: Participate in funding programs and services in the Oasis Network community, including developer grants and other community incentives provided by the Oasis Foundation.

Strategic partners and reserves 5%: Funding plans and services provided by major strategic partners in Oasis Network.

Stake Rewards 19.5%: Rewards are chained to stakeholders and delegates to promote the security of the Oasis Network.

Market Opinion:

At present, many blockchain companies at home and abroad have noticed the blockchain privacy computing track, and solving the privacy and scalability problems of the blockchain may be a road to push the blockchain to large-scale commercial use . Oasis Labs specifically designs consensus and computing into a consensus layer and a Paratime layer. Its unique design greatly enhances the scalability of the overall network compared to other competing products, supports computing-intensive operations such as machine learning, and has rich future application scenarios.

Project risk:

Oasis has solid technology, but its commercial exploration is still in its infancy.

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