Oasis Network is a decentralized blockchain network constructed by Oasis Labs. It is committed to building a blockchain-based "cloud computing platform" that can achieve privacy protection, security and performance. Using the software and hardware integration technology of the project, For the first time, computationally intensive applications such as artificial intelligence can be implemented on the blockchain.
To protect privacy and provide power for scalable decentralized finance (DeFi).
The current large-scale blockchain infrastructure has some technical defects, 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. The current blockchain projects mix these three functions together. Each node needs to perform these three functions. This brings scalability bottlenecks to the overall blockchain.
Oasis Network puts forward the concept of separating computing and consensus. After separation, the parallel computing layer can have better parallel computing capabilities and can support many ParaTime running simultaneously. At the same time, Oasis also combines distributed accounting and secure computing, and combines technological innovation and uniqueness at the ParaTime layer level. It can support DeFi with scalability and privacy protection functions, and it can also support new data. assets. In the case of combining blockchain and secure computing, Oasis can complete data right confirmation, and at the same time apply data with privacy protection to obtain value from it, thereby generating new data assets.
Privacy computing performance is excellent. The Oasis network separates consensus and calculation into a consensus layer and a calculation layer. The calculation layer uses a TEE trusted execution environment to run smart contracts. This unique architecture enables the Oasis network to support the main chain scalability and privacy while ensuring Computing-intensive use cases, such as machine learning and deep learning, have broad prospects for future applications;
It is backward compatible with Ethereum. Supports Rust and all EVM compatible programming languages. In the future, 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 deep technical background and high industry fit;
Well-known investment institutions get together. The investment institutions behind are dazzling. A16z crypto, Binance Incubator, Polychain, Gaorong Capital and other well-known institutions and Coinbase co-founder Fred Ehrsam participated in the investment in Oasis.
On October 23, Oasis announced the launch of a liquid mining mechanism called ROSE Garden. Participating users will receive ROSE token rewards. A total of 30 million Roses will be rewarded to users. According to the official introduction, the opening time of the liquid 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:
23% of supporters: The tokens are sold directly to supporters before the mainnet launch.
Unlock during the 40-day lock-up period after the mainnet launch⅓, unlock during the 12-month lock-up period⅓, unlock during the 18-month lock-up period⅓
Core contributors 20%: Compensation for core contributors who have contributed to the development of the Oasis network.
Foundation donation 10%: Donate to the Oasis Foundation to promote the development and maintenance of the Oasis network.
Community and Ecosystem 22.5%: Participate in Oasis Network community funding programs and services, including developer grants and other community incentives provided by Oasis Foundation.
Strategic partners and reserve 5%: Funding plans and services provided by major strategic partners in Oasis Network.
Equity reward 19.5%: rewards are distributed to stakeholders and representatives in a chain way to promote the safety of Oasis Network.
At present, many blockchain companies at home and abroad have noticed the track of blockchain privacy computing. Solving the problems of blockchain privacy and scalability may be a way to push blockchain to large-scale commercial use. Oasis Labs specifically designed consensus and calculation into a consensus layer and a Paratime layer. Its unique design has greatly enhanced the scalability of the overall network relative to other competing products, supports computationally intensive operations such as machine learning, and has rich future application scenarios.
Oasis has excellent technology, but commercial exploration is still in its infancy.