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Cryptocurrency News Articles

Oasis Protocol Will Take Part in TOKEN2049 Dubai

Apr 04, 2025 at 02:22 am

Oasis Protocol will take part in TOKEN2049 Dubai, joining both the core conference and a series of side events. On April 29

Oasis Protocol Will Take Part in TOKEN2049 Dubai

Oasis Network, a privacy-focused, scalable blockchain, is set to join the TOKEN2049 conference in Dubai.

The team will be participating in several gatherings on April 29, including the Afternoon TEE Party, LFG Summit, and DefaiCon. The full Oasis team will be present at the main TOKEN2049 venue from April 30 to May 1.

The network is focused on providing users with control over their own data through confidential computing, even when it's being used in various applications and services.

This technology enables seamless integration with existing systems and services while keeping user data private.

Moreover, Oasis Network can process a large number of transactions simultaneously due to its structure of subordinate parallel blockchains, also known as "shards."

Instead of processing all transactions on a single main blockchain (which is a common practice for many blockchain networks and causes speed and scalability issues), Oasis Network distributes transactions across different subordinate blockchains that can process transactions in parallel.

The ROSE token serves as the governance token in the Oasis Network. The token is used for participating in voting on decisions related to network development and can also be staked to get rewards.

Original source:tradingview

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