The Oasis Network is the most secure, scalable, and privacy-enabled layer-1 blockchain network for Web3.
What makes oasis network different from competitors?
Technology is the primary reason why oasis is better than its competitors. Technology is the outcome of collected knowledge and application in all techniques, skills, methods, and procedures utilized in industrial production and scientific study that is always evolving.
The Oasis Network is a decentralized Layer 1 proof-of-stake network. The Consensus Layer and the ParaTime Layer are the two fundamental components.
The Consensus Layer is a decentralized group of validator nodes that runs a scalable, high-throughput, secure proof-of-stake consensus.
Many parallel runtimes (ParaTimes) are hosted by the ParaTime Layer, each representing a duplicated compute environment with shared state.
The amazing scalability of the Oasis Network is enabled through a cutting-edge combination of technologies that allow quicker transaction rates and better throughput than competing networks.
Multiple ParaTimes can execute transactions in parallel since ParaTimes and Consensus are separated, thus complicated workloads on one ParaTime won't slow down faster, simpler operations on another.
Detection of Inconsistencies
Oasis is more efficient than sharding and parachains due to its superior discrepancy detection, which requires a lower replication factor for the same degree of security.
Key Resources & Readings:
Oasis Foundation (@OasisProtocol) · Twitter
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