Oasis (Rose) Report by Jesse

Remember that bit last week about new all-time highs. Yeah, you can go ahead and insert that here for starters. While a few select altcoins like Polkadot, Loopring and VeChain have had some incredible weekly gains. To both some and no one's surprise, Dogecoin has blasted through the week with over 100% returns. Taking it you’ve been keeping up with the incredible report by Rekt Capital here every week. You know the significance that DOGE metric has, and what to expect in the months ahead for Bitcoin. Keeping with the trend of newer projects discussed over the last few months. This week we’ll be talking about a fresh new encrypted smart contract platform you heard Lark talk about the other day called Oasis Protocol.

Introduction

Oasis Protocol is a Layer 1 Proof of Stake decentralized network designed to be a scalable, privacy-first, and versatile way of controlling access to personal data. The proposal being to adopt a new kind of stewardship ethos for the web, where technology systems can and should be grounded in human priorities. With Oasis Network priority being focused on actual people. Based on three specific elements that when combined, create this new model of stewardship. Where computational systems amount to (Tech), the ecosystem of stakeholders are the (Players), and the ethos of stewardship is the (Rules). Learning from the previous technical challenges and pitfalls surrounding the development of hybrid systems. The Oasis Labs team has gathered valuable insight from this to develop a Trusted Execution Environment (TEE) combined with the blockchain called “Ekiden”. Ekiden leverages an architecture that separates consensus from execution, enabling efficient TEE-backed and confidentiality-preserving smart contracts to scale in a PoS environment.

The Oasis Network has two