Oasis Network (ROSE)
| Market Cap | $242,307,365 |
|---|---|
| Trading Volume | $36,890,405 |
| Volume / Market Cap | 0.1522 |
| Total Supply | 10,000,000,000 ROSE |
| Max Supply | 10,000,000,000 ROSE |
Oasis Network is currently trading at $0.0424, after a price change of 3.41% in the last 24 hours.
Ranked as cryptocurrency #112 by capitalization today, ROSE market cap is valued at $242,307,365. ROSE trading volume reached $36,890,405 in the last 24 hours. We track cryptocurrency data live in real-time. Make your own forecast on ROSE coin price prediction page.
What is Oasis Network?
Oasis is a layer-one blockchain protocol created to offer scalability and privacy in smart contracts. The platform is secured through the proof-of-stake consensus algorithm and separated into a consensus layer and a ParaTime Layer for scalability. The Consensus Layer is a PoS model that a decentralized group of validator nodes manages. The ParaTime Layer hosts many parallel runtimes, which stands for replicated compute environments with shared stacks.
On the protocol’s Cipher ParaTime, validator nodes must use a secure computing model dubbed the Trusted Execution Environment to implement smart contracts confidentially. The blockchain aims to promote the adoption of DeFi and tokenized data.
ROSE is the main token powering Oasis blockchain. There are 3.49 billion circulating coins from a total supply of 10,000,000,000 and a matching hard cap. The token is used in staking and delegation on Oasis consensus Layer supporting smart contract operations.
Dawn Song founded the Oasis Labs in 2018. The entity is the main contributor to the Oasis and has attracted funds from major investors, including Binance Labs.