What is Oasis Network (ROSE)? How to buy ROSE

What is Oasis Network?

Oasis Network is a decentralized blockchain network built by Oasis Labs that allows to control and share private data securely.

The infrastructure of Oasis Network includes the following 2 main components:

• Consensus layer: Delegated Proof-of-Stake consensus mechanism operated by a decentralized group of validators.
• ParaTime layer: an environment that hosts parallel runtimes, representing replicated computing environments with the same state; allowing anyone to create Paratimes such as Ethereum/EVM ParaTimes (like OasisEth), Private Computing ParaTimes, Permission ParaTimes, etc.

Oasis Network’s strengths

• Scalable and decentralized finance: increasing the mass adoption of DeFi.
• Data encryption and transformation: allowing users to earn rewards by staking their data on the application. The application will analyze and control sensitive data, opening up a responsible data economy.

Key Features of Oasis Network

Oasis Network uses Trusted Execution Environments (TEEs) and supports the following features:

• Data management: allowing companies to manage and access data, creating limited access to Oasis analysis and query sources.
• Data collaboration: allowing businesses to share sensitive data with other organizations, while maintaining and regulating data access and analytics.
• User confidentiality service: allowing the company to demonstrate how user data is exchanged and used.
• Parcel SDK: allowing developers to use Oassis Network to build tools and applications easily.

Token ROSE

ROSE is the native utility token of the Oasis ecosystem, used for transaction fees, staking and governance delegation.

Specifications

• Ticker: ROSE
• Blockchain: Oasis Blockchain
• Total Supply: 10,000,000,000 ROSE
• Circulating Supply: 1,500,000,000 ROSE

Token Allocation

• Backers: 23%
• Community & Ecosystem: 22.5%
• Key contributors: 20%
• Staking reward: 19.5%
• Foundation endowment: 10%
• Strategic Partners and Reserves: 5%

ROSE token Price today

How to buy ROSE

Oasis Network (ROSE) has been listed on Attlas Exchange.

Traders can easily and securely buy ROSE with lowest fees on Attlas Exchange.

Step 1: Download the app and register an account

Step 2: Select Market on the toolbar at the main screen

Step 3: Select Spot

Step 4: Find ROSE

Step 5: Select Buy

Summary

This article is an overview of Oasis Network (ROSE), not a financial advice.

Users are advised to do their own research before making any trading decisions.