How to Buy Oasis Network (ROSE)

Buy Oasis Network through Binance

• Binance is a cryptocurrency exchange which is the largest exchange in the world in terms of daily trading volume of cryptocurrencies. It was founded in 2017 and is registered in the Cayman Islands. Binance was founded by Changpeng Zhao, a developer who had previously created high frequency trading software.

Buy Oasis Network through Coinbase

• Coinbase is a convenient and cheap way to buy Ethereum and the platform is open to 100+ countries). Coinbase will sell you LTC for a variable fee that depends on your payment method (credit cards have a higher fee than wire transfers), order size and market volatility. Here’s how you buy Ethereum on Coinbase: Open a Coinbase account Add your payment method (Credit card or bank account) Go to “Buy/Sell” and select the amount of Ethereum you desire Click “Buy Litecoin” 

Buy Oasis Network through Kucoin

• Kucoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 8 million registered users from 700+ countries and regions. According to Alexa traffic ranking, KuCoin’s monthly unique ranking is in the top 5 globally. Known as the “People’s Exchange”, KuCoin operates in Seychelles, providing users with multi-language and 24/7 customer service. Meanwhile, KuCoin has established local communities all over the world in South Korea, Japan, Spain, Italy, Vietnam, Turkey, Russia, India, and other regions, providing users with the most local services. Currently, 1 out of every 4 crypto holders in the world is with KuCoin.

Buy Oasis Network through Bitfinex

• Bitfinex is a cryptocurrency exchange owned and operated by iFinex Inc registered in the British Virgin Islands.Their customers’ money has been stolen or lost in several incidents, and they have been unable to secure normal banking relationships.Bitfinex was founded in December 2012 as a peer-to-peer Bitcoin exchange, offering digital asset trading services to users around the world. Bitfinex initially started as a P2P margin lending platform for Bitcoin and later added support for more cryptocurrencies.

Buy Oasis Network through Bybit

• The exchange prides itself on delivering multilingual online support to its customers and is committed to providing a transparent and efficient trading experience. The products on the platform include BTC/USD, ETH/USD, LTC/USD, and XRP/USD perpetual contracts. A perpetual contract resembles a traditional futures contract in many ways. Its main difference, however, is that it doesn’t have an expiry date. Hence, traders are allowed to hold their positions for as long as they need to.Moreover, the exchange boasts a 100,000 TPS state-of-the-art matching engine. While many of its competitors have suffered from repeated overload problems, this high-performance matching engine makes it possible for Bybit to stand above the competition.The Bybit cryptocurrency broker platform is operated by the Bybit Fintech Limited which is registered on the British Virgin Islands, with headquarters in Singapore. The company was launched in March 2018, making it a fairly young player on the market.

Step 3 – Withdraw Your Oasis Network (ROSE)

Once you decide on an exchange, open an account and buy your Oasis Network. Make sure to withdraw the Oasis Network from the exchange to your personal wallet.

Never leave coins on an exchange, as you risk losing them all if that exchange gets hacked or shuts down (which has happened in the past).

OVERVIEW

What Is Oasis Network ?

Technology

• Separates consensus and execution into two layers, the Consensus Layer and The ParaTime Layer, for better scalability and increased versatility
• Separation of consensus and execution allows multiple ParaTimes to process transactions in parallel, meaning complex workloads processed on one ParaTime won’t slow down faster, simpler transactions on another.
• Oasis Network is the only layer-1 blockchain with native support for Rollups at the Consensus Layer
• The ParaTime Layer is entirely decentralized, allowing anyone to develop and build their own ParaTime. Each ParaTime can be developed in isolation to meet the needs of a specific application, such as confidential compute, open or closed committees, and more.
• The network’s sophisticated discrepancy detection makes Oasis more efficient than sharding and parachains, requiring a smaller replication factor for the same level of security.
• There are 3 ParaTimes built by the Oasis core team already on the network.
• Emerald ParaTime, the EVM Compatible ParaTime, was built to solve the problems faced by Solidity developers, i.e., high fees and low throughput. Emerald solves both of these problems by increasing the throughput of transactions to up to 1,000 per second and reducing fees by 99%+ compared to Ethereum. This means more users will be able to use and build on the network.
• Cipher ParaTime, the confidential smart contract ParaTime, will hold the features that Oasis is uniquely capable of supporting – privacy-preserving smart contracts. As with Emerald, it boasts high throughput, instant finality, and low fees with added privacy-preserving features. Cipher enables DEX’s to stop front-running transactions, NFT users to protect their assets privately, and can potentially unlock trillions in credit and lending markets from traditional finance.
• Sapphire ParaTime is the confidential EVM ParaTime and the first confidential EVM runtime in the industry. At Oasis, we have recognised the importance of privacy technology. We want to empower developers to build privacy-enabled applications to be a part of, and to propel, Web3 forward. Much like Emerald, we want to empower solidarity developers to be comfortable building on the Oasis Network. That is why Sapphire is an EVM-compatible environment. However, we also want these developers to move forward in the rapidly expanding Web3 world by supplying our privacy-protecting technology in a familiar environment.
• Parcel ParaTime, the confidential data storage, governance, and compute ParaTime, Parcel already has enterprise partners like Nebula Genomics, Genetica, and BMW, using it to store private data like human genomic data. Parcel enables governance, confidential computation, and private analysis of data. Applications developers can use the Parcel SDK to integrate privacy-preserving data storage, governance, and computation into their applications. Parcel is also the data tokenization engine that can turn any data into an NFT. We envisage this functionality to enable people to take back control of the data they create, turning it into assets they can stake and earn rewards, thus creating a new responsible data economy.

Team

The Oasis Team is made up of top talent, from around the world, with backgrounds from Apple, Google, Amazon, Goldman Sachs, UC Berkeley, Carnegie Mellon, Stanford, Harvard, and more. The majority of the core engineering team are PHD level educated and all committed to growing and expanding the impact of the Oasis Network. The project has strong roots in academia; Dawn Song, a professor at the University of California, Berkeley, and one of the world’s foremost experts in computer security and trustworthy artificial intelligence is the Founder of Oasis Labs, which is an active member of the Oasis Ecosystem and one of the early contributors to the Oasis technology. Moreover, the project is backed by top VC firms and investors, including, Andreessen Horowitz, Accel, Binance Labs, Polychain, Pantera, and many others.

What Makes Oasis Network Unique?

Scalability:

The Oasis Network is multi-layered, making it highly flexible, scalable, and future-proof. The modular architecture separates consensus and smart contract execution into different layers allowing developers to deploy low-cost privacy-focused dApps.

The ParaTime Layer, a layer which allows for dynamic compute environments to be built, is where all smart contract execution happens, enabling incredible scalability for the network. ParaTimes can also evolve independently while maintaining consensus as security, scalability, or privacy technologies advance into the future.

Privacy-Enabled:

The Oasis Network is the world’s leading scalable, privacy-enabled blockchain with its ParaTime layer enabling customizable confidentiality for developers. ParaTimes on the Oasis Network then leverage its privacy-preserving technology, enabling users to have complete control over the confidentiality of their information.

With the Cipher ParaTime, developers can experience a proper Web3 environment that is privacy-first and geared towards confidentiality. Cipher supports the building of complex confidential smart contracts, opening up a world of opportunities for users who want to be in charge of their data. Sapphire is another privacy-enabled ParaTime that is the first and only confidential EVM compatible. Solidity developers now can easily switch to Web3 in an environment that is familiar with tools that are well known, and built Web3 dApps like never before.

A Foundation for Web3:

Oasis is working to establish itself as the foundation for the Web3 world. The core value proposition of privacy gives way to other tenants required in the next iteration of the internet. Oasis supports critical pillars like decentralized identity, decentralized society, a responsible data economy and data sovereignty through its range of privacy-preserving technologies and robust blockchain platform.

How Many Oasis Network (ROSE) Coins Are There in Circulation?

The current supply of Oasis Network ROSE is 1.5 billion tokens, with a total supply of 10 billion ROSE. The token distribution is as follows:

• 23.5% – staking rewards
• 23% – backers
• 5% – strategic partners & reserve
• 18.5% – community & ecosystem
• 10% – foundation endowment
• 20% – core contributors

2.3 billion tokens will be automatically paid out as staking rewards to stakers and delegators for securing the network over ten years. ROSE is used for transaction fees, staking and delegation at the Consensus Layer. By staking ROSE, users can secure the Oasis blockchain and earn up to 20% APY rewards.

How Is the Oasis Network Secured?

The consensus layer is a proof-of-stake (Pos)-secured blockchain with a decentralized set of validator nodes operated by independent nodes. The separation of execution from consensus is secured using fraud proofs. On the Oasis Network’s Cipher ParaTime, nodes are required to use a type of secure computing technology called a TEE (Trusted Execution Environment), which acts as a hypothetical black box for smart contract execution in a confidential ParaTime. Encrypted data goes into the black box along with the smart contract, data is decrypted, processed by the smart contract and then encrypted before it is sent out of the TEE. This process ensures that data remains confidential and is never leaked to the node operator or application developer.