What Is Oasis Network?

1. What Is Oasis Network?

Oasis Network is a privacy-focused, scalable layer-1 blockchain designed to power a new generation of decentralized applications (dApps), particularly in the realms of data privacy, DeFi, and AI. By combining high throughput and low gas fees with robust data confidentiality, Oasis stands out as a unique infrastructure for building privacy-preserving Web3 solutions. The network introduces a unique architecture that separates consensus from execution, enabling it to handle complex workloads while protecting sensitive data.

2. Why Oasis Network Was Created

The Oasis Network was created to tackle one of the major gaps in the blockchain space: privacy. Traditional blockchains are transparent by default, which means user data, transactions, and smart contract logic are visible to everyone. This openness limits the types of applications that can be built, particularly those requiring sensitive or personal data—like healthcare, identity, finance, or AI.

Furthermore, many existing layer-1 chains face scalability issues, high fees, and limited real-world use cases beyond speculation. Oasis aims to solve these issues by enabling confidential smart contracts, scalable execution, and tokenized data, offering developers and enterprises a secure platform for building the future of Web3.

3. How Oasis Network Works

1. Modular Architecture: Oasis separates the consensus layer from the ParaTime layer, improving scalability and flexibility.
2. ParaTimes for Specialized Workloads: Multiple ParaTimes can run simultaneously, each tailored for specific needs like confidential computing or EVM compatibility.
3. Confidential Smart Contracts: Using Trusted Execution Environments (TEEs), Oasis enables smart contracts to process encrypted data securely.
4. Tokenized Data Economy: Users can control and monetize their personal data via secure, consent-based sharing mechanisms.
5. Interoperability: Oasis supports Ethereum dApp compatibility through Oasis Sapphire, adding privacy and lower costs.
6. Validator-Based Security: A decentralized set of validators secures the network through staking and delegation.

4. Key Features of Oasis Network

• Privacy by Design – Confidential smart contracts preserve data privacy during computation.
• Scalable Architecture – Separation of consensus and execution boosts performance.
• AI & Data Monetization – Supports private AI model training and tokenized data marketplaces.
• EVM Compatibility – Run Ethereum dApps with lower costs and enhanced privacy.
• Custom ParaTimes – Developers can build and deploy specialized ParaTimes for custom applications.
• Interoperability – Bridges and integrations with Ethereum and other ecosystems.

5. Who Can Use Oasis Network?

• Developers building privacy-first DeFi, gaming, identity, or AI applications.
• Institutions & Enterprises needing secure and compliant data processing.
• DeFi Users looking for private, secure financial tools.
• Data Owners wanting control over and monetization of their personal data.
• AI/ML Innovators training models on encrypted datasets without compromising privacy.

6. What Is the $ROSE Token?

$ROSE is the native utility token of the Oasis Network. It plays a central role in securing the network and enabling economic activity across its ecosystem.

Key utilities of $ROSE include:

• Staking & Delegation – Used to secure the network and earn rewards.
• Transaction Fees – Required to pay for transactions and smart contract execution.
• ParaTime Operations – May be required for interaction with certain ParaTimes.
• Incentives – Used to incentivize validators, developers, and community participation.