Oasis Network

The Oasis Network is a privacy-focused blockchain platform designed to provide secure, scalable, and decentralized solutions for various applications. Oasis Network prioritizes security and has undergone security audits to ensure the integrity and safety of its protocol. It aims to offer privacy protection and data ownership control while enabling developers to build privacy-preserving decentralized applications (dApps) and services.

Oasis Network has seen a huge dip in its TVL from Apr 2022. More than 57% of the total supply is in circulation as of August 2023.

The Oasis Network is still considered to be in its early stages of development and there may be risks associated with untested technology, potential vulnerabilities

Changes in regulations or legal frameworks could impact the operation, acceptance, or growth of the Oasis Network.

The Oasis Network prioritizes privacy and data control, providing users with the ability to share their data while maintaining ownership and control

The protocol has found backing from industry leaders like Binance, Pantera Capital, Accel and a16z ventures.

The Oasis Network utilizes a unique consensus mechanism called Proof of Stake with a Multi-Layered Architecture (PoS-MKL) to achieve scalability and high transaction throughput.