Oasis is the leading privacy-enabled and scalable layer-1 blockchain network and combines high throughput and low gas fees with secure architecture to provide a next-generation foundation for Web3 and power DeFi, GameFi, NFTs, Metaverse, Data tokenization and Data DAOs. Oasis will propel web3 forward, scaling it and evolving it from infancy to maturity. Supported by top industry backers, Oasis recently announced the $200 million Ecosystem Fund to support projects to build on the network and has several Fortune 500 partnerships in place, such as the CryptoSafe Alliance with Binance, the BMW Group, and others. Oasis is one of the top two invested blockchains by top VCs and has one of the fastest-growing developer networks in the industry, according to Messari. ## 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.* 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.## TeamThe 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.
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