What is Oasis Network $ROSE? complete Review
Oasis network and coin roads one of the largest projects called ethereum killer Oasis network what is trying to do differently where does it get power what is the place of the market and what is the future let's examine together
Every day we come across with a project that is antherium competitor by the way the introductory sentence seems to belittle the project but don't be fooled by this because oasis network is really important and promising project if we see deeper the most important element of the qoisis network system is privacy rose which is the abbreviation for the coin stands for the symbol of privacy we will come back to the rows there is a special privacy protocol in which transactions on the network are encrypted this privacy is provided by privacy support in paradigm from network layers we can define its main functions as decentralized finance namely device system and the systems cryptocurrency is rows there is a blockchain that has created a privacy focused open source and scalable data economy if you go and look to the website we come across with ambitious statements such as a new air for blockchain anyone can use an assertive word but it must be full of gold in general when we scan the site we can say that the closest factor supporting this claim is that there are separate layers in this capability and privacy section the first layer is consensus that is the part where the proof of stake is the part where blocks are verified and edited to the blockchain in the second layer there is a paradigm mechanism
which are runtime environments that represent computation in a shared state anyone can develop and install their own part-time each paradigm can be developed individually to meet their needs of a particular application resource intensive computation handled in part time with these operations in two different layers it doesn't get back down in simple faster transactions proceeded in another part-time is this part a significant difference yes however we can say that it is a little too ambitious for a new era of blockchain let's continue let's talk about the privacy feature oss network uses a special privacy protocol in which the transactions in the network are encrypted this privacy is provided by this privacy support in paradigm from the network layers it allows applications created in the part-time layer to benefit from all the advantages of blockchain technology but let's not go without saying that this privacy protocol can make institutional investors nervous if we summarize the part up to this point we can say that without looking at the supply price etc is is network a good project yes if we consider it separate however its competitors in the market are really strong will it be able to participate in the competition so let's start looking at the team in the team members if you look at the first two names software engineer jarnis kos is young and doesn't have much experience in this field yet engineer chief tadas james is no different from jarnis in his experience marketing chief guinea teriyakido is the person who brought all this network to this level we can say that her marketing experience in the blockchain industry is relatively longer than the others in general although the team gives hope with its youth and enthusiasm their inexperience scares the investors a little of course this can suppress partners that are full of fear
I don't want to bore you by reading one by one about large numbers of company's partners in different fields if you wish you can review it in their partnership section on their website let's come to rose the cryptocurrency of the ecosystem rose is the cryptocurrency released for use in all operations of isis network rose this name and symbol was chosen because it is used as a symbol of secretly so far those who have never heard of rose may think that it is a project that has not yet been discovered and has no success let's first look at the community and then the market values is it real so rose is followed by 60 000 people on telegram along with 12 000 quite active followers 10 000 on reddit and 155 000 on twitter it is already in the top 100 in the market value ranking at the end of 2020 rose values was percent and now in 2021 it is 55 cent in fact when we look at the last one out here we see an 11 fold price range but it is not much of a value range compared to the market in general we see that rose whose current level is 20 cent has a maximum supply of 10 billion units and a circulating supply of 3.5 billion units the circulating supply ratio is also one of the factors that may frighten investors to summarize and to evaluate in general it is more faster than ethereum although there are many networks that are already faster than ethereum although it is only advantage is that it's one step ahead in privacy even he can turn into a disadvantage depending on his place despite all this we can say that it has a solid community but it is also eliminated by the circulating supply rate as a result of all of this rose can scare large investors and test the patience of small investors to turn into rose after giving this news of course you have to take all risks yourself when deciding whether to buy or not if you want to buy rose it is available on 20 different exchanges we have come to the end of the article we would like to underline that we don't give any investment advice
