What is Rose on the oasis blockchain?

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.

Is oasis network (rose) underperforming the global cryptocurrency market?

With a price decline of -0.70% in the last 7 days, Oasis Network (ROSE) is underperforming the global cryptocurrency market which is up 8.50%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are up 9.30%.

How scalable is the oasis blockchain?

According to the platform, there are two components to the Oasis blockchain that make it highly scalable. Oasis Network calls these the Consensus layer and the ParaTime layer. The ParaTime layer ensures that many transactions can be conducted in parallel, increasing the overall processing speed.