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HomeCOINSWhat Is Eternaloasis? (ETOS) Complete Guide Review About Eternaloasis.

What Is Eternaloasis? (ETOS) Complete Guide Review About Eternaloasis.

What Is Eternaloasis?

Eternaloasis Coin will support overseas remittance, oil transaction and financial transaction. In case of overseas remittance, ETOS is going to start home country remittance service for middle east’s foreign employees. ETOS provides the convenience, generalness and security using QR cord payment technology that is familiar to everyone.

ETOS is preparing for easy and convenient interface and low cost over MoneyGram and Western Union that have occupied in advance global overseas remittance market. In addition, ETOS will build rapid and stable ecosystem through partnership with global financial institutes and distribution companies beginning APEC countries.

ETOS is currently engaged in diversified areas of Oil, Petroleum and Lubricants trading in Eternaloasis and Central Asian refineries and  trading companies. They deliver premium quality of Gas Oil, Fuel Oil, Base Oil, Used oil, Bitumen and Modified Bitumen products, LPG and Lubricants to wholesalers, distributors, traders and end users.

Eternaloasis Coin Storage Key Points

Coin BasicInformation
Coin NameEternaloasis Coin
Short NameETOS
Circulating Supply50,000,000.00 ETOS
Total Supply3,000,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

From the Oasis Network white paper

The white paper says: “The Oasis Blockchain Platform is a layer-1, proof-of-stake (PoS) smart contract platform that provides scalability, extensibility and privacy. The main features of the platform enable efficient verifiable and confidential smart contract execution.”

The Eternaloasis Coin document goes on to say: “The modular design of the platform allows the consensus layer to be easily changed to use a completely different consensus mechanism to benefit from the latest progress in the space.”

Oasis Network’s founder

Dawn Song is the founder and CEO of Oasis Network. She graduated from Carnegie Mellon University with an MS in computer science before gaining a PhD in computer science from the University of California, Berkeley. After completing her studies, Song initially worked as a professor at Carnegie Mellon University. In March 2018, she founded Oasis Labs while also being a professor at UC Berkeley.

Oasis Network (ROSE)

Eternaloasis mentioned above, Oasis Network is a layer-1 blockchain that uses proof-of-stake. It is also the first privacy-centred project in the open finance sector. The crypto’s mission is to accelerate the mainstream uptake of decentralised finance (DeFi). It aims to do this by creating a more scalable, accessible and cheaper platform than other protocols on the market.

Blockchain

According to the platform, there are two components to the Oasis blockchain that make it highly scalable. Oasis Network calls these the Consensus layer and the ParaTime layer. The ParaTime layer ensures that many transactions can be conducted in parallel, increasing the overall processing speed. According to the website, ParaTime processing is more secure than other blockchains’ sharding and parachain processes.

Technology

The Eternaloasis Coin Network claims that privacy is a core feature of the project. The project uses a secure computing technology called Trusted Execution Environment (TEE), which Oasis Network says secures smart-contract execution and ensures data is never leaked to developers or validators. This helps reassure users that access to their private data is limited to the parties involved.

The platform also has a type of digital asset that it refers to as Tokenised Data. According to Oasis Network, this feature allows individuals to control the data they generate. Unlike legacy technologies, where businesses own the information they capture, Oasis Network is attempting to redefine data ownership to create “a more responsible data economy”.

Project

The project aims to unlock a host of new use cases with these privacy features. Eternaloasis will also ensure that sensitive data, such as banking and health information, can be processed by apps without users having to worry about the data being leaked, it says.

Oasis Network price prediction: expert opinion

Predictions can be helpful as an indicator of which direction the price might move in, but they should be viewed as possibilities rather than absolutes. This is especially the case when looking at longer-term forecasts, as these can sometimes be completely off the mark, due to the inherent volatility of the crypto market and the many unknowns that could affect future prices.