Cryptocurrency Q&A
What network is Oasis on?
What network is Oasis on?
NebulaChaser
Tue Jun 25 2024
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6 answers
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Excuse me, I'm a bit unfamiliar with the specifics of the Oasis project. Could you please elaborate on what network Oasis is built upon? I've heard it mentioned in a few blockchain discussions, but I'm not entirely clear on its underlying infrastructure. Is Oasis utilizing an existing blockchain network, or has it developed its own proprietary blockchain solution? Understanding this fundamental aspect of Oasis's operation would greatly assist me in assessing its potential and implications for the broader cryptocurrency and finance landscape. Thank you for your time and clarification.
6 answers
Silvia
Thu Jun 27 2024
Meanwhile, the ParaTime layer provides a modular framework for building decentralized applications with privacy and scalability.
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TaekwondoMasterStrength
Thu Jun 27 2024
The Oasis Network's scalability is achieved through its parallel execution of smart contracts and data processing, allowing for high throughput and low latency.
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CryptoTitan
Thu Jun 27 2024
The Oasis Network is a Layer 1 blockchain that is architected with scalability, privacy, and versatility at its core.
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CryptoMercenary
Thu Jun 27 2024
Its design revolves around two key components: the consensus layer and the ParaTime layer.
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Lucia
Thu Jun 27 2024
Its privacy-first approach ensures that data remains confidential and protected from unauthorized access.
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