Oasis Network

Introduction to Oasis Network

Oasis Network is a privacy-focused Layer 1 blockchain that enables confidential smart contract execution through secure enclaves and cryptographic techniques. The network separates consensus from computation, allowing for scalable privacy-preserving applications.

Founded by Dawn Song, a renowned computer science professor at UC Berkeley specializing in security and privacy, Oasis brings academic rigor to blockchain privacy. The network targets use cases where data privacy is essential, including DeFi, healthcare, and data tokenization.

Privacy Through Architecture

The Privacy Problem

Current blockchain limitations:

• All data public
• Transaction transparency
• No confidentiality
• Privacy-sensitive use cases impossible

Oasis’s Approach

Confidential computing:

• Secure enclaves (TEEs)
• Private computation
• Selective disclosure
• Data sovereignty

Unique Architecture

Separation of concerns:

• Consensus Layer: Agreement
• ParaTime Layer: Execution
• Multiple ParaTimes
• Flexibility and scalability

How Oasis Works

Consensus Layer

Network foundation:

• Proof of Stake consensus
• Validator network
• ROSE staking
• Security and finality

ParaTimes

Parallel execution:

• Independent runtimes
• Different capabilities
• EVM compatible options
• Confidential options

Confidential ParaTime (Sapphire)

Privacy execution:

• EVM compatible
• Confidential smart contracts
• TEE-based privacy
• Solidity development

Technical Specifications

Metric	Value
Consensus	Proof of Stake
Architecture	Consensus + ParaTimes
Privacy	TEE-based
EVM Compatible	Yes (Sapphire)
Token	ROSE
Block Time	~6 seconds

The ROSE Token

Utility

ROSE serves multiple purposes:

• Staking: Network security
• Transaction Fees: Network usage
• Governance: Protocol decisions
• ParaTime Fees: Execution costs

Tokenomics

Supply dynamics:

• Fixed supply cap
• Staking rewards
• Validator incentives
• Ecosystem development

Staking

Participation:

• Delegate to validators
• Earn staking rewards
• Network security
• Governance rights

Sapphire: Confidential EVM

Privacy-Preserving Smart Contracts

Key feature:

• Full EVM compatibility
• Confidential execution
• Private state
• Encrypted transactions

Developer Experience

Building with privacy:

• Solidity works
• Standard tools
• Privacy built in
• Minimal changes

Use Cases

Privacy applications:

• Private DeFi
• Confidential voting
• Healthcare data
• Enterprise applications

Data Tokenization

Data as Asset

Oasis vision:

• Tokenize data ownership
• Control data usage
• Monetize data
• Privacy preserved

Parcel SDK

Data framework:

• Define data usage rights
• Track data access
• Compliance support
• Enterprise tools

Healthcare Focus

Industry target:

• Medical data privacy
• Research collaboration
• Regulatory compliance
• Patient sovereignty

Ecosystem Development

DeFi Protocols

Financial applications:

• DEXs
• Lending protocols
• Bridges
• Growing ecosystem

Privacy Applications

Confidential computing:

• Private voting
• Sealed-bid auctions
• Confidential NFTs
• Enterprise solutions

Developer Programs

Ecosystem support:

• Grants
• Hackathons
• Documentation
• Technical support

Competition and Positioning

vs. Other Privacy Chains

Chain	Privacy Method	EVM
Oasis	TEE	Yes
Secret	TEE	Limited
Aztec	ZK	L2
Aleo	ZK	No

vs. General L1s

Chain	Privacy	Approach
Oasis	Native	TEE-based
Ethereum	None	Public
Solana	None	Public

Differentiation

Key advantages:

• Confidential EVM
• Academic foundation
• Enterprise focus
• Data tokenization

Challenges and Criticism

TEE Trust

Hardware dependency:

• Trust in Intel SGX
• Side-channel risks
• Hardware vulnerabilities
• Centralization concerns

Ecosystem Size

Adoption challenges:

• Smaller developer community
• Limited dApps
• Network effects
• Competition for attention

Privacy Market

Demand questions:

• Privacy features wanted?
• User education needed
• Regulatory clarity
• Market validation

Recent Developments

Sapphire Growth

Ecosystem development:

• Protocol deployments
• Developer adoption
• Feature improvements
• Mainnet stability

Enterprise Partnerships

Business development:

• Healthcare pilots
• Data marketplace projects
• Enterprise interest
• Partnership announcements

Technical Improvements

Platform evolution:

• Performance optimization
• Feature additions
• Tooling improvements
• Documentation

Future Roadmap

Development priorities:

• Sapphire: Confidential EVM growth
• Enterprise: Business adoption
• Data: Tokenization expansion
• Ecosystem: Protocol development
• Privacy: Enhanced features

Conclusion

Oasis Network brings genuine innovation to blockchain privacy through confidential computing and the Sapphire confidential EVM. The separation of consensus and execution enables flexible privacy-preserving applications.

The academic leadership and technical approach provide credibility for enterprise use cases where data privacy is paramount. Healthcare, finance, and data tokenization represent significant market opportunities.

For developers building privacy-sensitive applications and for enterprises requiring confidential blockchain execution, Oasis provides purpose-built infrastructure. Success depends on demonstrating privacy advantages translate to real adoption and ecosystem growth.