/biz/ - Business & Finance

Usecases

>>50775024
Eth is the only chain that matters. Fuck off

>>50775049
I just watched this video presentation

So it seems that "privacy" is Oasis's selling point. Why is this approach any better than any other "privacy" focused one?

>>50775118
Secure enclaves are the most realistic approach given currently available tech to performing private blockchain applications. There really isn't anything else like Parcel right now, which is why Oasis has so many partners across industry and governments. For the more straightforward "I want to do defi on a blockchain while obscuring information" applications, it's more scalable than things like zero knowledge proofs which require more computational expense. That being said, it doesn't mean Oasis in its current form is perfect. TEEs relying on Intel SGX have their own drawbacks, which is why the paratime architecture is so important. Everything is modular, so down the line other forms of encryption can be used on other paratimes depending on the desired tradeoff between cost and efficiency. This is outlined in the whitepaper more (pic related). https://assets.website-files.com/5f59478e350b91447863f593/628ba74a9aee37587419cf65_20200623%20The%20Oasis%20Blockchain%20Platform.pdf

>>50775024
>Oasis Labs partners with Meta AI:
Most metaverse projects will go to shit. Nothing about it is interesting.

Vitalik makes a good point;

https://twitter.com/VitalikButerin/status/1553526863783657472

>But OP, Secret also uses enclaves, what makes Oasis better?
Pic related, it's not just about the type of privacy you use, it's the implementation that matters too. Dawn Song has a massive reputation in the field of cryptography and that makes a big difference when it comes to the resulting product.

>>50775293
"Meta AI" and "metaverse" are two completely different things. Meta AI is just the artificial intelligence division of a large well-funded company doing cutting edge research. Their usage of Oasis has nothing to do with digital real estate or blockchain video games.

>>50775261
Who are these "so many partners across industries and governments" and what exactly is the nature of the partnerships?

Very few entities have any sort of blockchain applications, let alone ones that require a token to operate. So I just wonder what makes this inherently different from the current state of:

-Ethereum
-Avalanche
-Hedera
-Kadena

etc.

Seems like it is much easier for all these other chains to "scale" because they don't have nearly the traffic of Ethereum, so of course they have cheaper transactions and faster and such. To me, it seems like all of these networks are inherently flawed until they can implement something like Dan Boneh's suggestions for a stateless system. And to my knowledge, Ethereum is the only chain moving toward stateless architecture but they are a long ways away.

Hedera is using a "rent" approach to manage the growing state problem.

What is Oasis doing?

Sorry if this is a lot of questions. I'm genuinely trying to learn and want to have a bit of a head start from just going through all the technical documents which often go over my head.

>>50775293
>https://twitter.com/VitalikButerin/status/1553526863783657472

The metaverse itself is pretty depressing and dystopian of an idea. But you think some sort of entity will evince out of nowhere the same way that Facebook and Twitter did for social media? Seems like it is just as likely a scenario.

I just really don't understand what people imagine the metaverse to be? A Virtual world where you have to wear VR goggles to interact? I guess zoomers are retarded enough to actually use this, as a 33 YO boomer, this seems miserable to me.
I always imagined some sort of augmented reality layer where someone would have a subscription service to the "best" AR content that is publicly available. This way there could be multiple layers over reality but globohomo could market the "cool" layers and charge zoomerfaggots $9.99 per month to access the faggotry in that realm vs the pajeet realm which is $4.99 a month that only poor losers see.

pic related

>>50775349
The exact nature of all of the partnerships isn't known (NDAs are a bitch), but it's pretty safe to assume they are all related to the ability to funnel user data through Oasis to extract value from it without drawing the ire of the public or breaking the law. The most recently publicized examples are:
1) Genetica
https://medium.com/oasis-protocol-project/vietnamese-prime-minister-and-government-support-genetica-and-oasis-labs-partnership-to-enhance-b638a0c8095b
There is a massive amount of medical data out there but it's all siloed and not really possible to use in an efficient way.
"Genetica will leverage Parcel on Oasis Network, a decentralized data management and confidential computing platform in web3, to tokenize genomic profiles with individuals remaining owners of their genomic data, with complete control and transparency over how their genetic data is used and analyzed. To date, Oasis technology has enabled the tokenization of 30K genomic profiles, and this partnership extension will bring it to 100K genomic profiles."

2) Meta AI
"The data, collected by a third-party survey provider, will be secret-shared with third-party facilitators in a way such that the user’s survey responses cannot be learned by either the facilitators or Meta. The measurement is then computed by the facilitators using encrypted prediction data from AI models, that are cryptographically shared by Meta, with the combined, de-identified results from each facilitator reconstituted into aggregate fairness measurement results by Meta. The cryptographic techniques used by the platform enable Meta to measure for bias and fairness while providing individuals that contribute sensitive demographic measurement data high levels of privacy protection."

The Meta example might sound less exciting because we aren't necessarily fans of DEI here, but it's pretty easy to see how they could generalize this to much more than racial survey data. Data collection is everything (cont).

>>50775321
What are some cutting edge things or applications that meta AI is developing? From my research, they seem incredibly pozzed and concerned about "racial bias" and similar "issues" in training models.

>>50775423
Are you capable of comparing/contrasting how Oasis privatizes/obscures data and how Chainlink's Deco will for any chain that utilizes CL DONs?

>>50775349
>>50775423
What makes Oasis inherently different is that it's actually already being used in a way that no other chain is capable of being used. These partnerships are not "oasis labs members get mcdonalds for lunch every day, Mickey D's partnership confirmed!" It's real world usecases completely independent from defi ponzi speculation.

In terms of scalability, Oasis actually does quite well since its architecture natively supports rollups from the beginning. There's been a lot of talk about "fast lanes" for public goods on ethereum lately, well imagine if you literally were not allowed to do any transactions on L1 ethereum besides submitting data from rollups. It would immediately be far more scalable, and that's without really making any novel innovation. The exact nature of Oasis scaling is detailed here but suffice to say it is not simply a tradeoff between decentralization/security/scalability: https://medium.com/oasis-protocol-project/oasis-network-architecture-designed-for-scaling-2799994a4a21

As far as statelessness, I can't answer that, although I will say that with Oasis architecture the execution and consensus layers are already separated (much like the system Ethereum is now pivoting towards instead of "ETH2") so making changes to consensus down the line would conceivably be easier than on other chains.

>>50775436
If you follow the Meta AI twitter account they've actually been putting out a town of groundbreaking research results lately. I'm not gonna go into details because frankly I wouldn't be able to explain it better than a layman but they've been working on chatbots, language translation, image recognition, etc. It's not just racial survey data that Oasis is going to be used for.

>>50775454
If you want a comparison, Oasis would be more similar to Town Crier. In fact, you could theoretically use an oasis paratime as the ledger for a TC DON, since as outlined in the Chainlink 2.0 whitepaper, the TC ledger can be anything including a blockchain. DECO and Oasis can be symbiotic, even if you have private oracle data, you still ideally need the blockchain itself to have privacy features. Putting the two together would enable a full privacy stack, which is what we are completely missing from defi at the moment.

Can it reach 60B mcap in 2 years?
isnt it considered centralized with 110 nodes?

what the make it stack of this shitcoin?

>>50775881
100k if you're hugely bullish, 250k if less so. I just hit 200k

spoonfeed me when this fucking shitcoin will moon

>>50776215
Next bull market.

>>50775024
Why are the team doing announcements of announcements, paying to promote tweets to retailers, and ultimately dumping on them? In other words, why are the team a pack of pajeets?

>>50775786
In the short term price and fundamentals in crypto seemingly have no relation to one another. It *can* moon beyond our wildest dreams but I'm not going to speculate about when or to what degree that will happen. 110 nodes is indeed somewhat centralized, it's not ideal but the need for decentralization depends on the usecase. This also isn't necessarily a hard cap. As mentioned in the whitepaper, because of the modular architecture it is easier down the line to make changes to the consensus mechanism. This doesn't excuse the present state of it, I think all blockchains should be judged on what they actually have accomplished, but yes it's not Ethereum.

>>50776397
The "announcement of an announcement" for the Meta AI partnership rests squarely on Jon Poole's shoulders, they blew their load too early and then have to backtrack after realizing Meta was not ready to disclose more information to the public. He doesn't even work with Oasis anymore though, as far as I'm concerned that's a non-issue. Paying to promote tweets is fine, I don't see a problem with that either. People complain all the time about "no marketing" but then they try to get more eyes on a major partnership announcement and people complain about that too.

>>50775050
you mean btc. if btc dies tomorrow, every coin would die too. you can't say the same for eth though. another coin would take its place.

>>50777810
>you mean btc. if btc dies tomorrow, every coin would die too. you can't say the same for eth though. another coin would take its place.
Yes and that coin is MTV

Fuck off Magnifaggot. Not buying your inflationary shitcoin.

>>50775024
Why did it suddenly pump to 9c and now just ranging between 8c and 9c?

>>50775024
Ok I'll buy more rose I guess.

Will ROSE hits 2 dollars in the next bullrun?

>>50775024
Doing gods work anon but these retards don’t deserve it

Ok "mi ciela" but your meme coin is still uknown

>>50775050
I work in blockchain and ETH is a joke. The only people who still think ETH matters are retail normie speculative gambler retards, like yourself. It is already in the process of being phased out.

>>50775293
Oasis isn’t a metaverse project you absolute donkey brain

>>50775261
Why is the token not mentioned even once in the whitepaper? It's been bothering me for ages.

The project has a lot of potential, but the team is not executing. The apps on Emerald are all trash, and Dawn isn't even CEO anymore.

The best part ever is the gynaecomastia produced by the Metaverse, but nobody will be noticed because of privacy-preserving features, but you can choose it or not to sell your data to men's bra makers DAOs

>>50778953
It pumped immediately following the release of details around the partnership with Meta AI.

>>50780062
The whitepaper focuses on the key features that distinguish its architecture from predecessors. Going into detail explaining what a token is simply isn't needed. The Introduction very clearly states it is proof of stake, which implies a token. The particulars of how tokens are moved are less relevant for an architecture whitepaper.

With everything that they’ve been doing it’s been one of the few bright spots in the bear market for sure. I got back in at .05 after basically taking profits at .30 during last years run up. I’m still pretty bullish on it long term because of not just their meta partnership, but the other undisclosed F500 companies yet to be announced.

From a marketing standpoint, why is it that they seem to specifically wait until the lowest points in the overall market to announce any big moves? I know it’s not intentionally to shoot themselves in the foot. It’s actually seen as a good thing to me that they’re working hard during these down times. I would think they would benefit more from waiting for better market conditions to take advantage of the kind of bump these kinds of developments would bring.

>>50780318
But this Meta AI announcement was made last year

>>50780549
Yes, but they didn't release any *details* about the announcement until a week ago. And this time Meta publicly acknowledged the partnership instead of it being a one-sided announcement.

>>50780318
>The particulars of how tokens are moved are less relevant for an architecture whitepaper.
Maybe not, but for speculative investors like us it would be great to read about so we can can a grasp of the tokenomics for this project. Right now, people pull out estimations like "$2 end of year" but the estimates have 0 basis on anything!

Oasis Network needs better marketing desu

>>50781022
The entire market is speculative there are literally zero “estimates” based on anything outside rampant speculation around 3 things;

> potential value of the web3 economy / casino
> use case for said token
> how many retards not even considering the above two things will pay whatever price the token costs

Oasis’ token fuels the network, it is literally the same as Ethereum or Chainlink. Want to transact? Pay in token. Validators receive rewards in tokens. If you believe the network will grow, then tokens will be more scarce. It’s simple supply and demand.

>>50782865
>tokens will be more scarce
10 billion tokens. rose will never be scarce.

>>50782923
Ooooh the 10 billion tokens argument is back. Cute. I’m not even going to bother honoring you with a response other than to call you a fucking moron.

>>50780318
>token is simply isn't needed
the only important part of what you just wrote

>>50783061
Except the white paper goes on and on about why and when the token is needed, chiefly at the consensus layer which is a mandatory layer every transaction passes through. Try harder, fucking idiots.

>>50783026
you are talking about the point in time where staking is 0 and validators receive rewards from txn fees. that's the point when 10 billion tokens are circulating.

>>50783142
And? First, most of that won’t be circulating. Second, it doesn’t change a supply/demand argument. There are quadrillions of dollars in yearly application available to the network. You do the fucking math. And lastly just to point out how fucking brain dead your argument is re: price appreciation look at the supply of the top 20 coins right now.

Honestly I wouldn’t even be responding to you except I’m pretty sure you are a ROSE holder trying to purposely fud people out of investing and I fucking DESPISE people like you. You are literally why this world is shit.

Why pump sers

>>50783194
Severely undervalued coin

>>50783142
If EU is ready to stand up to USA at anything, it's protection of private data. We're constantly penalizing google and facebook because of it. Every time fine is higher. If USA tech giants will want to keep european market, they'll have to make sure users got control of their data and it's not just stolen from them. Data protection is by EU treated as human right. If you don't see how oasis network allows tech giants to keep earning money with the bussiness models and at the same time comply to eu regulations, debate is pointless really.

>>50783194
>pump
Hardly. This is the most useful L1 to ever be in existence in blockchain and it’s 9 fucking cents at like rank 95 or whatever. People sleeping on this will rope.

>>50783188
>supply/demand
based on the emerald ghost town I can already tell there won't be much demand for this shitcoin. meanwhile, supply will keep increasing. the top 20 coins have a lot of demand from normies on twitter. and no, i'm not holding this garbage anymore. i dumped on you idiots at 53c.

>>50783236
Ah ok so I got you right, ROSE holder who is trying to purposely fud. Scum of the earth, kys. You’re undoubtedly some stacklet as well.

Are you black?

Accumulating

We need a 10 cent wating room, Rosebros.

>>50783836
>MFW we don't need a 10 cent waiting room because we're going straight to $2

>>50784455
Ghost chain

bump

>>50785616
Gorila ape nigger tranny faggot cock sucking munching balls indian nigger scat porn HD

Ffuuuuuuuaaarrkkkkk ,nearly there

>>50786078
Rose will never see 10c again let alone 60c

Why are we pumping

>>50786189
Because we can

FFS I bought back in at .07 and sold at .09

>>50786317
Oh no! You made profit! Think of the poor saps holding this from .50 that still haven't sold.

>>50786317

>>50786437
This is unironically me. I tried quitting but only made it 5 days before getting unhinged mentally.

>Bought most of my Rose at 21c by selling Fantom. DCA'd in as much as I could (peanuts relatively speaking) around 4.5-5.5c.

I think I must have around 30k ROSE but it's farming and I have a decent amount of YUZU too.

Is there any chance it can go to 2-3 dollars in the next bullrun?

>rosechuds coping thread
you're all poor and will die childless KEK

>>50786697
Definitely $1, it got to like .60 on no news, now it has an actual confirmed project with Meta. So long as it keeps developing in that manner it should be able to see dollar values. Look at shit like ADA with literally 5x the max supply hitting multiple dollars.

wtfwt

muh rose is doing a lil sum sum today

It finally hit 10c ,next $7

>>50786144
this aged well

I have 125,000 ROSE
What am I in for?

>>50786835
instagram hoes and island living

$0.10 shattered brah. fr, no cap.

>>50786823
I'm here just to make fudders sound dumb. (Please pretend I didn't reply)

Nice scamwick at $0.1, some bobos got liquidated there for sure

>>50786846
no rly fr fr no cap on god

>>50775118
In league with Secret Networl, Mina and Railgun.

>>50776397
This is a stupid conclusion.

Why are we pumping my bastards?

>>50776215
Wait for the demand for privacy to rise, which is soon anyway considering the push from regulators.

Will most of the supply be staked anon in the future?

>>50786861
it be under 10c again in like an hour sheeesh

>>50787024
Most of the supply already is staked. It's a proof of stake network, there's no reason not to stake.

>>50787009
looks like a pnd to be honest, meta news were already priced in

>>50787176
looks like a cope to be honest

>>50787176
are you getting priced out?

>>50775786
Its already being upped from 110 nodes and every major network upgrade will increase nodes, its also not necessarily the same nodes for each ParaTime

So 10 paratimes ~ 500 node operators being generous

Where did this pump come from

>>50787248
Mumbai

you're retarded if you don't sell this "pump"

It's a shitcoin.
Almost no marketing.
Everything in this project is about women.
Not listed on major exchanges.
Very low liquidity.
Heavily manipulated by whales.
Reproducible and non-unique technology.
Tech uses vulnerable and exploitable security enclaves.
Google partnership is just them using custom Google Cloud VMs as a hosting for their nodes.
Horrible tokenomics and already high market cap if you calculate everything.
A very small community of pajeets, main motive is "wen moon sir" - check their Telegram.
Their Ethereum bridge is being built by 3d party, 0 support and almost no devs participating.
0 interest from developers, no projects being built on Oasis and Rose is not being used.
Dawn is not involved, no tweets, no activity, no AMAs with her. Nothing.
Abusive moderators in Telegram banning people every day, try to critic the project - constructively - and you are out.
Make your choices anons and keep your money safe.

>>50787277
>Not listed on major exchanges.

>>50787273

>tfw just thinking i'm gonna take some profits but realised my rosies are all locked in on staking

big pump seemingly out of nowhere in the middle of a sunday seems sus af fr fr no cap

>>50787299
>staked another 24k earlier

>>50787277
>id AuDHD
checks out kek

>>50783222
>If EU is ready to stand up to USA at anything, it's protection of private data
I dislike how every single fucking website on earth asks me about cookies preferences now, because of you people. But I like that anyone who reports your account and lives in Germany has to report it to you lmao

>>50787329
>>50787299
where do you stake you rosises sisters?

>>50787201
>>50787218
How is $0.1 priced out? It was $0.3 in april

Is this really just pumping off of year old news?

>>50787344
Binance, try to get a 90 day slot.

>>50787377
I've never seen one available.

>>50787377
>>50787377

i've never seen it have an open slots. Only the 30 day is ever open.

>>50779983
It's more of a privacy project, isn't it? Just like these >>50786977

>>50786704
Already have a daughter and a boy otw fag. You will never achieve the greatness of rosechuds.

Why should it pump again after lack of anything useful and leaving of that asian chick

>>50787405
>>50787406
You have to check right when it rolls over, I think it's at 5:00-6:00 or so PST

>>50787429
>eth cope
kek

>>50787451
theres another unlock tomorrow, they're pumping to sell

>>50787481
cap

if it hits 15 cents i can finally break even

>>50787447
the toddlers at your local daycare you are grooming don't count
LMAO

You guts told me this would dump back to 5 cents and that i should buy then. Wtf, will it dump after this pump?

>>50787601
$1 eod

>>50787601
Rose dumps right after every pump

>>50787601
dca is always the answer

Jesus christ why does this thing dump when everything else is pumping and then pump when bitcoin is about to shit the bed?

>>50787599
>What a fantasy you live in

I don't even trust the education system or government enough to send my kids to school. Probably end up homeschooling them and taking government dollars away from the purple haired dyke sjw's.

>>50787620
>$1 eod
$10EOH

>>50787713
HINT: Chainlink did the exact same thing when it went on a tear from 0.20 to 50.00

>>50787775

Oh fuck boys YUZU is at 1776!
It's the revolution.

omfg theyre seething! theyre mad! theyre coping!
we smoking dope and coke while no rosers be roping
hands clasped dick chastityd prayin for the dump hopin
no cap we some thug niggas out here

>>50787802
I know you kid but what's the point holding yuzu over rose, no cap?

unlock later this month, be careful

>>50787783
I fucking wish. I still remember April when everything pumped 50-100% while rose was crabbing at 25c. Finally it pumped to 33c but the very hour that it hit that bitcoin dumped and rose literally turned out to be the top loser that day at -25%. I should've sold then but hopefully it makes it back to 20c at least.

>>50787601
Actual OG here.
DCA until project maturity, or even better DCA crypto in general. But be sure to chase fundamentals and/or future infrastructure projects. Price doesn't matter in time frames of months or even years.
T. One of two founders of what is now top 10 exchanges. GL m8

>>50787853
T-thanks.

>>50787079
Still over $0.10 brah. Watch me whip, watch me nae nae.

>>50788878
>Watch me whip, watch me nae nae

Dam brose you almost got quints

>>50787405
>>50787406
Got to be quick. There is a telegram bot that let's you know when staking opens up

>>50787827
Don't hold YUZU over ROSE but both.
Yuzu is Emerald Paratime's best and main DEX.
Make some rose/yuzu LPs on yuzuswap and autocompound farm them on Beefy.

Rose will top at $3.33

>>50789157
Your mom rose is on top of me for 3.33.

>>50787333
well I hated the cookie thing at start but now I'm loving it, love to read the cookie message at start and see what they're trying to steal from me lol.

But yeah, this was just a warmup, data privacy and ownership is holy cow of EU.

Oasis protocol allows every company on this planet to stay complient with EU regulations.

>>50789176
Did your big brother let you use his credit card to buy rose?

>>50789300
No, I steal my roses from an local garden.

>>50789300
Checked.
He did

>>50789384
Shoo shoo poo poo

>>50775118
still to come this year:

>Cipher ParaTime, the confidential smart contract ParaTime, will hold the features that Oasis is known for - privacy-preserving smart contracts. As with Emerald, it boasts high throughput, instant finality, and low fees with added privacy-preserving features. Cipher enables DEX’s to stop front-running transactions, NFT users to protect their assets privately, and can potentially unlock trillions in credit and lending markets from traditional finance.

>Parcel ParaTime, the confidential data storage, governance, and compute ParaTime, Parcel already has enterprise partners like Nebula Genomics, Genetica, and BMW, using it to store private data like human genomic data. Parcel enables governance, confidential computation, and private analysis of data. Applications developers can use the Parcel SDK to integrate privacy-preserving data storage, governance, and computation into their applications. Parcel is also the data tokenization engine that can turn any data file into an NFT. We envisage this functionality to enable people to take back control of the data

>>50789145
I wish Oasis wallet would work with Yuzu. Can't get my ledger to work with Metamask on oasis network

>>50787464
Well, privacy solutions across multiple chains, most especially in ethereum are in top demand right now.

>>50787277
An essay of bullshit

>>50775118
Its about Parcel.

Defi is fun and all, but Parcel is what will bring in all the big companies. No other project in the cryptospace does Differential Privacy.

Why DARPA is sucking this Dawns culmination of her/his multiyear dream?

>>50775118
>So it seems that "privacy" is Oasis's selling point
Ideally it should be. Privacy will likely become a very big world in crypto next year

>>50787783
Chainlink didn't go on a tear from 20c to $50. It had many pumps and dumps over the 3+ years that that process took...

>>50775050
ETH matters anon but there are other relevant chains too. What's more innovative is multichain platforms and Railgun has my attention for being a multichain privacy protocol with defi and smart contract integration.

>>50775024
Based OASIS thread

I sold all of my ICP and bought OASIS and so should everyone. ICP is a scam

I think this coin is going to hit $5 next bullrun.
This team is solid

>>50787853
Can you give any other advice, assuming you are what you claim. Thanks.

Rose going upwardly again

>>50791909
Rose just doing it's usual shit again, doing the opposite of the rest of the market

cosmos sdk coin that isnt using IBC. it's trash