- Oasis Emerald is a ParaTime on the Oasis Network, a privacy-preserving blockchain platform. It is designed to be a more scalable and efficient platform for decentralized applications (dapps) that require privacy, such as DeFi, NFTs, and gaming.
- Oasis Emerald uses a zkRollup consensus mechanism, which allows it to achieve high throughput and low transaction fees while still maintaining the privacy of transactions.
- Oasis Emerald is still in its early stages of development, but it has the potential to be a major player in the privacy-preserving dapp space. It could help to make these applications more accessible to a wider range of users, and it could also help to drive the adoption of privacy-preserving technologies.
Here are some of the key features of the Oasis Emerald blockchain:
- Privacy-preserving: Oasis Emerald uses zkRollups to achieve privacy for transactions. This means that users can interact with dapps on the blockchain without having to worry about their privacy being compromised.
- Scalable: Oasis Emerald can handle a high volume of transactions, making it suitable for large-scale dapp applications.
- Efficient: Oasis Emerald uses a zkRollup consensus mechanism, which is more efficient than other consensus mechanisms, such as Proof-of-Work or Proof-of-Stake. This means that transaction fees are lower on Oasis Emerald than on other blockchains.
- Open-source: Oasis Emerald is an open-source project, which means that anyone can contribute to its development.