Built on the Oasis blockchain, the project utilizes a highly scalable network with low transaction fees, offering a vast array of application possibilities while prioritizing personal data privacy in DeFi.

In other words, decentralized fintech can find applications in corporate business and government consortia. In the latter, the principle of non-disclosure and data protection plays a significant role.

According to the creators, their blockchain should take the lead in the next-generation DeFi launch, as it has several significant advantages over existing networks, for example:

The new network can tokenize data, which expands the potential applications of DeFi and generates a novel ecosystem of decentralized applications (DApps) featuring enhanced privacy.
The high degree of scalability. By separating the two processes: consensus and execution, the network shows over 1,000 TPS of performance. The use of privacy technologies makes blockchain and dApps attractive not only to bidders and private customers but also to business owners and large corporations.
A high level of community development. The number of people who want to learn more about this project grows yearly. This allows the Oasis Network team to introduce new features and capabilities with the support of its users.
A team of professionals. Among Oasis Network developers, you can find former employees of corporations such as Google and Apple, as well as professors from some of the best universities in the world.
Developers can ensure compatibility with the Ethereum Virtual Machine (EVM) and the Solidity programming language to create smart contracts on the new blockchain. Additionally, they can migrate existing Ethereum applications to the new platform. Solidity is the most widely used programming language for smart contracts, making it crucial for compatibility with the new blockchain.

To fully experience all the benefits of Oasis Network, you need to become part of their ecosystem. Only in practice will you be able to experience all the opportunities this project offers.
How does the Oasis Network work?
In principle, Oasis Network can be compared to Polkadot or Avalanche. The developers came up with the decision to split into two levels of consensus building. This allows for more secure, confidential, and decentralized systems that can change the idea of blockchain and Web3.

The first layer, ParaTime, is where computing machines work in parallel. This layer is fully decentralized. Anyone can create an individual ParaTime that is independent of the others and works for the other needs of a particular application.

The second validation layer utilized by the blockchain of the Oasis Network is the Proof-of-Stake consensus principle. The number of validators in the network: 120. They are determined automatically, depending on the volume of their share. This allows for a peer-to-peer network where many validators decide to accept and add transactions.

Because the Proof-of-Stake and ParaTime consensus are separated, multiple computing machines can process transactions in parallel. This approach increases blockchain efficiency, improves security, and does not affect transaction speed. This method is more developer-friendly compared to shards or para chains.
How can you earn with the Oasis Network?
Given current realities, the most reliable and sustainable investment strategy is HODLing. Instead of storing tokens on an exchange, many people choose to stake them. This is beneficial because you increase the number of tokens without doing anything.

W3coins is a secure validator of the most popular projects in the cryptocurrency world. Start to stake ROSE right now for a 5-7% profit with 0% fee till 2024. Besides Oasis Network, you can also stack ATOM, AVAX, and other popular tokens with us.