AMA Satoshi Club x Oasis Protocol, March 30th

We are pleased to announce our next AMA on March 30th, 2022 at 05:00 PM UTC Time: Satoshi Club x Oasis Protocol

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Oasis Protocol Telegram group

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Oasis Protocol Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Oasis Protocol

For more details:
Oasis Protocol Website – oasisprotocol.org
Oasis Protocol Telegram – @oasisprotocolcommunity
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

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Jmagsss
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Jmagsss

Oasis Network utilizes two components, the Consensus Layer and the ParaTime Layer. We all know that every network and blockchain requires a consensus layer/mechanism for it to run, however, this will be the first time I’ll be hearing a network using a ParaTime Layer. Would you be please familiarize us with your ParaTime Layer? Can you discuss with us how it works and how it made Oasis Network run efficiently? What makes your ParaTime Layer unique and different from other network’s technology layers?

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@Jmagsss
Jmagsss
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Jmagsss

I noticed that besides from being a blockchain network, Oasis Foundation also offers an educational feature under its “The Oasis University Program” program. What would be the courses and subjects under this program of yours? Will it be open for everyone or only selected few? I would also like to know if there is an initial payment/fee for applying on your Oasis University Program?

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@Jmagsss
Jmagsss
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Jmagsss

I’ve found out that Oasis Foundation, together with “Metamind”, has an accelerator program under its nest. Firstly, can you please discuss with us the structure of your accelerator program/platform? How is this different from the launchpads/fundraising programs and platforms we see in the market everyday? Aside from the funds, are there additional benefits/perks that an application project can get for collaborating with Oasis and Metamind under the accelerator program?

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@Jmagsss
Moses Alexander
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Moses Alexander

From the first segment of the Oasis documentation, I read that The Oasis Network’s impressive scalability is achieved through a cutting-edge set of features. Can you please tell us what these cutting-edge set of features are and how do they work hand in hand to provide the Oasis Network it’s impressive scalability? what are their other use cases and benefits to the Oasis Network? Can you also elaborate some other benefits which the Oasis Network provides to its users compared to other platforms? Thank you.

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@Modrumz120
Moses Alexander
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Moses Alexander

From your documentation, you mentioned that The Oasis Network has two main architectural components, the Consensus Layer and the ParaTime Layer. Can you elaborate more on these architectural components which are the Consensus Layer and the paratime layer also telling us how they work/function in the Oasis protocol? What benefits do they provide to users of the Oasis protocol platform and how do they make the Oasis protocol standout in performers over other platforms? Thanks.

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@Modrumz120
Victoria
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Victoria

Oasis emerald aims to solve the typical issues of DeFi 1.0 by developing DeFi 2.0 and also aim to introduce GameFi and P2E gaming DApp into Oasis and as such are looking for capable, brightest and boldest developers to build DeFi 2.0 and P2E gaming DApp. As many developers are waiting for this opportunity, can you please tell us the requirements they must meet or possibly credentials needed to apply for this position? Where and how can interested ones apply? How may developers are you looking for at the moment? Is there any geographical restrictions to who may apply? Also… Read more »

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@UniqueVicky
Elradave
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Elradave

Hi.. I’m African and i have discovered Almost All AMAs done talk about community building and strength of the community but these projects only focus on communities in Europe and Asia and the middle east.. My question is this. Is there any plan to engage The African community in your project? as there are lots of crypto enthusiasts and a wider community you just might be missing on.

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@Elradave
Elradave
Guest
Elradave

Hello Sir Do you have any plans for late comers??? Can we still get tokens? If yes. On what exchanges have you listed on and can we stake Tokens??

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@Elradave
Elradave
Guest
Elradave

can you mention some big partners that are in partnership with the vision of your project and do they have a say in decision making?

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@Elradave
Nkechi
Guest
Nkechi

I learnt that Oasis have it’s own swapping services called the YUZUSWAP built by community developers that allows users to participate in liquidity pools, swap, trade and earn rewards with high APY. Can you elaborate more on this Oasis swapping services(YUZUSWAP) What exciting features does it provide compare to other swapping services we know? Does it allow users to exchange crypto while retaining total ownership of the user? What is the minimum exchange fee your YUZUSWAP charges it’s users? How can we trade and earn APY using yuzuswap?

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@NKUDM
Sanyaolu
Guest
Sanyaolu

Looking at the Paratime Layer, I observed on your documents that there are three Paratimes built by the Oasis core team already on the network. They include; Emerald Paratime, Cipher Paratime and Parcel Paratime. Knowing well that the Paratime layer speeds up the rate of transactions, what then is the difference between the Emerald, Cipher and Parcel Paratimes? How does each of them work?. Which problems/issues does each of the three Paratimes aim to address?. How can I build my own Paratime on Oasis?

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@jameslekan664
Nansel
Guest
Nansel

The Oasis Network’s impressive scalability is achieved through a cutting-edge set of features that provide faster transaction speeds and higher throughput than other networks. Can you tell us more on the cutting-edge set of features Oasis Network is introducing and how it will solve the problems plaguing there competitors?could you briefly explain what Consensus Layer and ParaTime Layer and how the solve transaction problems?

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@Neilselin
Sanyaolu
Guest
Sanyaolu

I know of “Parachain” but going through your documents, I observed that apart from the Consensus layer, Oasis utilizes a separate layer known as the “ParaTime Layer”.. In terms of functionality, what are the similarities between the known “Parachain” and Oasis Network’s “Paratime”?.. What additional advantages will the ” Paratime” hold for Oasis network.? Unlike the Parachain, will the Paratime be easier to develope and integrate into the network as a whole?.. “Parachain” relies on Database Sharding and the disadvantage with Sharding is it’s complexity.. Considering this, I will like to know if the “Paratime” will also rely on Sharding.… Read more »

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@jameslekan664
Nansel
Guest
Nansel

learned that Oasis users can earn rewards by staking their data. This data gets staked for users that want to analyze that information. User analytics are valuable and the Oasis Network enables you to unlock that value in a secure peer-to-peer manner. how can an interested user join the staking program and what are the requirements to be eligible to join? can you elaborate on how to unlock the analytics in a secure peer-to-peer manner? what’s the minimum duration of time a user can stake his data to earn rewards?can a user unlock the data before the staking duration elapses?

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@Neilselin
Lexxxi
Guest
Lexxxi

I saw that Oasis network made provision for the “Oasis Ambassador Program”. Can you give us full details on the Program?. Persons with skill sets in what areas will be able to participate in the Ambassador program? What are the sort of task that users will be given to do and how will they get announcements on these tasks? How will the metrics of every users’ participation and performance be tracked and updated? You had mentioned that a KYC verification will be required for users to redeem their rewards.. How will the KYC verification be?..Apart from being rewarded in $ROSE,… Read more »

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@leeguap4L
Lexxxi
Guest
Lexxxi

I understand that With “ROSE bloom grant”, I could receive funding for my project on the Oasis Network. You had mentioned however that the funding will cover development of projects in some key focus areas. What are the key focus areas that a project must be based on to be eligible for funding by Oasis.? What will be the criteria/requirements that the project should meet up with in order to get the grant? How can I currently submit a proposal for the grant? What will the amount given if the proposal is approved?

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@leeguap4L
Miriam Michael
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Miriam Michael

The Oasis Network has a reputable, decentralized pool of validator nodes running the consensus layer and supporting the growth of the network.And an important step to follow in becoming a Node is to follow some Prerequisites.So can you tell us what this Prerequisites are and why are they important to follow in becoming a Node in your protocol?To become a validator node on the Oasis Network, one need to have enough tokens staked in their escrow account.So is 100 $ROSE the maximum amount users are to stake to register as a validator node?And you also said to be among the… Read more »

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@Cheriemike
Essence
Guest
Essence

Oasis Foundation I understand supports two (2) forst-party non-custodial wallets,a web wallet named Oasis Wallet-Web and a browser extension Wallet named Oasis Wallet- Browser Extension and both I learnt seamlessly connect to the Oasis Network and makes it easy to hold, send, and receive ROSE Tokens. Could you please tell us the distinction between the Oasis Wallet-Web- and Oasis Wallet-Brower Extension? Could you please explain to us the NEXUS, relationship between ROSE And Oasis Foundation?

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@Billz120
Miriam Michael
Guest
Miriam Michael

The Oasis Network designed Cipher, the first-ever confidential ParaTime with support for confidential smart contracts. In a confidential ParaTime, nodes are required to use a type of secure computing technology called a TEE “Trusted Execution Environment”and this TEEs act as a hypothetical black box for smart contract execution in a confidential ParaTime.So can you tell us why is a “Trusted Execution Environment”more trustworthy?So if the TEE boot or service signature checks fails,what will the node do in such case?Recognizing the fact that not all devices host the same “Trusted Execution Environment” ,can you specify which technology a nodes can use… Read more »

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@Cheriemike
Lexxxi
Guest
Lexxxi

Looking at the “delegation & staking feature”, I understand that I can delegate my $ROSE tokens to a network Validator and start earning a slice of the Validator’s staking rewards. Here comes my question; What is the minimum and maximum number of rose tokens that can be delegated?. You mentioned that there are 110 active validators. So I am eager to know; what factors should I consider in deciding which Validator I should delegate my tokens to?. How can I get information about each of the network Validator?..What is the percentage of staking rewards that a user gets? Furthermore, talking… Read more »

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@leeguap4L
Sanyaolu
Guest
Sanyaolu

Lets talk about “Data Tokenization”.. According to my understanding, the Oasis Network’s combination of confidential computing and blockchain enables a new paradigm called Tokenized Data. Can you explain this concept of “Data Tokenization”? How will this concept of “Data tokenization” ensure that data remains private during computation and cannot be reused without permission?. Reading further on your document, I observed that many projects have started building apps that leverage “Data Tokenization” on the Oasis and that is a very notable development. Some of these projects includes; Binance Crptosafe alliace, Fortune 500 healthcare providers and Nebula genomics. Can you brief us… Read more »

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@jameslekan664
Blessing
Guest
Blessing

I took out time to go through you materials and the Oasis Network’s “Governance Model” caught my attention. In order for the community to balance distributed ownership and participation with speed and quality of platform development, Oasis Network proposed a hybrid model of off- and on-chain mechanisms, organized around the following key components; Minor Feature Requests, Major Feature Requests and Bug Fixes.. What exact features does Oasis Categorize as “Minor” or “Major” features? How will the Decision making process for these three distinct components be like?.. Can you explain the concept of “lazy consensus” as related to the decision making… Read more »

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@Blessingchum
Lois
Guest
Lois

While reading your documents,i came across Oasis ParaTime Layers with its 3 features which are “Emerald ParaTime”,”Cipher ParaTime” and “Parcel ParaTime “.So I noticed that the Emerald ParaTime was formerly known as the Oasis-Eth ParaTime,so why did you decide to change Oasis-Eth ParaTime to Emerald ParaTime,what new features are added to to the Emerald ParaTime?And how easy will it be for users to build on the Emerald network,any guideline for that?How does the Parcel ParaTime functions when attached to the Oasis Labs’ Parcel SDK?The word “Cipher” is an Arabic word meaning “nothing” or “zero” and you said that the Cipher… Read more »

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@LoisZeal
Mudara
Guest
Mudara

I read that the Oasis Network separates consensus and execution into two layers, the Consensus Layer and the ParaTime Layer. Can you elaborate more on this dual layer system? What type of benefits do users get from this mechanism? Doesn’t this dual layer system reduce the efficiency of Oasis Network? Moreover, please briefly describe about the features and functions of each layer.

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@MudaraSilva
Mudara
Guest
Mudara

You have recently announced about the Oasis Bloom Hackathon. I noticed that submissions opened on 10th of March and close on 2nd of May. Fortunately, I am not too late to participate. However, will the possibility to receive better rewards be reduced due to my entry after 20 days from the opening? When preparing an application for this event, what type of factors should be considered? How can we grab more rewards from the 200,000$ prize pool? There are two categories, DeFi Mover Awards and GameFi Master Awards. Can you please briefly explain about these options?

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@MudaraSilva
Mudara
Guest
Mudara

You have allocated 20% of the total supply of $ROSE for core contributors. Who will be considered “core contributors”? Can anyone invest more funds in Oasis to be a main contributor? Moreover, in addition to the portion of 23.5% which has been allocated for staking rewards, there is a 18.5% allocation for community and ecosystem. What type of activities are available for the community to get these rewards? A long time ago, there was a token with the same ticker symbol, $ROSE. Why did you choose an old symbol?

Telegram Username
@MudaraSilva
Marian
Guest
Marian

It caught my attention that Oasis Protocol has this incredible initiative called “Oasis Fundation University Program”, where users can get training, become University Ambassadors and more things. Can you tell us more about this amazing University Program? What do people have to do if they want to be part of this Program? Most importantly, what kind of benefits will you offer to those students who are part of it? Will this Oasis Fundation University Program help them with important things such as paying some student loans? Will this University Program be available worldwide or just on a few countries and… Read more »

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@meml97
Charles
Guest
Charles

As layer 1 on blockchain industry, there’s a big responsibility for performing really well in order to compete with other competitiors. Because layer 1 is a heart of blockchain. How do you keep on track to show off for people that Oasis is one of the best layer 1 chain ?

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@charlest1997
Charles
Guest
Charles

In what occasion do you launch the $200.000 Oasis Bloom Hackathon ? What’s your goal for helding that big event ?

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@charlest1997
Charles
Guest
Charles

Do you consider your community’s idea for the future of Oasis Protocol ? If we want to give some idea or innovation to Oasis Protocol, how could we do it ?

Telegram Username
@charlest1997
Marian
Guest
Marian

I read that users on Oasis Protocol have the oppotunity to run a Validator Node or a Non-validator Node in order to contribute to the network, earn rewards and more. Can you tell us more about this? First of all, what is the difference between a Validator and a Non-validator Node on Oasis Protocol’s platform? How can someone run one node or the other, what are the requirements for doing so and what tasks do they have to perform while doing so? Most importantly, what are the benefits people can get from running either one of these Nodes? What kind… Read more »

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@meml97
Ika Felicia
Guest
Ika Felicia

I see Oasis Protocol has a unique feature called Parallel Smart Contract Layers (ParaTime). Could you share the details about that feature and what’s the advantage from Paratime among the others ?

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@ikafelicia02
Ika Felicia
Guest
Ika Felicia

Partnerships are vital since they bring value and increase user trust in the majority of circumstances. According to my research, you currently have around 40 partners which is incredible. Could you please clarify whether you still aim to form additional partnerships?

Telegram Username
@ikafelicia02
Ika Felicia
Guest
Ika Felicia

Does your token $ROSE has staking feature ? If yes, How much the average of the APY and where we can stake $ROSE tokens ?

Telegram Username
@ikafelicia02
Kaushalya
Guest
Kaushalya

This question is regarding your staking incentives. It seems that the staking system on Oasis platform differs from the staking mechanisms on same platforms. Can you simply explain what should stakers do and how do they get benefits? Do you distribute rewards with $ROSE? I saw your rate is between 2% and 20%. There is a huge gap between minimum and maximum rates. How can stakers get a better rate? Does this rate depend on the staking amount and the time period? I could not see any information on your unstaking policies. Please let us know how does unstaking work.

Telegram Username
@DK177
Kaushalya
Guest
Kaushalya

You have clearly explained about hardware requirements to run various nodes on Oasis. Are there any prerequisites in addition to these hardware requirements? When setting up a node, are there any special facts to consider which are confined to Oasis? There may be newbies in your community who don’t have enough knowledge regarding running nodes. Should they leave your project or are there any alternative options for them?

Telegram Username
@DK177
Kaushalya
Guest
Kaushalya

Although I have earned some $ROSE one month ago, I am still waiting for an email from your team to complete my KYC. What could be the reason for this delay? Should I wait more? It seems you have a strict KYC policy. My passport will be expired within the next month. Am I allowed to use it to complete the KYC process?

Telegram Username
@DK177
Marian
Guest
Marian

One of the advantages Oasis Protocol offers to it’s users is the possibility of “Data Monetization”, thanks to its unique privacy features allow individuals to maintain data rights and make money from their data, all while retaining control and privacy. Can you tell us more about this Data Monetization feature and how does it actually work in order to allow users to make money from their data? What do users need to do to monetize their data and what kind of data can provide this income to users? Most importantly, how can you asure users they can retaining the control… Read more »

Telegram Username
@meml97
Ayuba Peter
Guest
Ayuba Peter

Oasis is said to be the leading network with built-in privacy features designed to support confidential smart contracts through its Flagship feature called OASIS PARCEL which provide data tokenization for users and privacy DApps for developers. So how does the OASIS PARCEL work and what are some of its unique feature/advantages? How can users tokenize their data through OASIS PARCEL and what kind of capabilities does it provide for developers? Lastly how are tokens converted to Data NFT to grant consumers access to data?

Telegram Username
@Ajpaa
Ayuba Peter
Guest
Ayuba Peter

Oasis Foundation has set up GRANTS PROGRAM, ECOSYSTEM FUNDS AND ACCELERATOR as structures for support and funding of projects building on Oasis Network. Can you elaborate on these different support and funding programs and ways they support and fund projects building on Oasis Network? Are there key areas of interest a project must meet to be eligible for these funding and support? Do you already have projects who have benefited and recieved these funds and support?

Telegram Username
@Ajpaa
Nhairy
Guest
Nhairy

Tell us about associations and projects that are currently being built or are planning to build in the future on the network, as well as DApp developers who will be able to use your platform the most, what are the requirements that must be met to be an appraiser and what benefits are obtained by being one What has been the weakest link that your platform has presented so far? What have been the mechanisms to strengthen it?

Telegram Username
@nhairym
GoC
Guest
GoC

Hello, Oasis Protocol team.
To date, the success of the blockchain, in my opinion, is determined not by the speed and optimization of transactions, but by the community and ecosystem. You probably closely follow the projects that are developing and being built on your blockchain. Please tell us how you support and promote them? Please tell us about your favorites and maybe tell us the next gem on Oasis?

Telegram Username
@ghostofcharmeleon
GoC
Guest
GoC

Hello, Oasis Protocol team.
Just yesterday there was an unpleasant event that occurs periodically with different blockchains. You probably know that the protocol was hacked, which appeared thanks to a popular game. And no matter how much we assume that blockchain is transparent and secure, we increasingly see and understand that security should be paramount over technology. Please tell us what elements of your security will allow me as an investor to sleep peacefully?

Telegram Username
@ghostofcharmeleon
Captain Price
Guest
Captain Price

As it is known, data privacy is one of the main limitations of a public blockchain and blockchains in general. How do you ensure the privacy of data stored on the Oasis Network blockchain? Could you tell us what solution and advantages Oasis Network provides to protect the privacy of users?

Telegram Username
@captainprice111
Alican Dogan
Guest
Alican Dogan

For the Parcel SDK in the medium article of the Oasis Network project; The phrase “process data in a confidential computing environment” caught my attention. I don’t fully understand this part, does it mean that the transactions will be done in complete secrecy? Can you explain in simple sentences?

Telegram Username
@alicandogan9
Grace
Guest
Grace

I read from an article of yours that the ParaTime Layer is entirely decentralized, allowing users to develop and build their own ParaTime. What are the tools users can use to build their own Para Time? What are the skills needed to be able to build a ParaTime? As a user, does one need to meet certain requirements before developing a ParaTime and how long does it to take to build a ParaTime? I understand also that the Oasis Foundation supports two first-party non-custodial wallets, a web wallet named Oasis Wallet Web and a browser extension wallet named Oasis Wallet… Read more »

Telegram Username
@GracieEne
Grace
Guest
Grace

I noted that the Communitiy Cup is a weekly series of challenges that taps into the diverse set of skills and creativity of the Oasis community. The Oasis Foundation will be running a series of competitions of which one is the Oasis Cup. What are the other competitions that Oasis Foundation will hold? How can one participate in the Community Cup challenge? What are the requirements to participate? Are there particular skills you look out for in Oasis community and what are the rewards given to those who emerge as winners in the competitions?

Telegram Username
@GracieEne
Abdulmajid
Guest
Abdulmajid

Following up on your latest developments,
Another amazing thing to talk about is the fact that you had your first lending protocol powered by OASIS NETWORK, which was the Fountain Protocol launch this month march 2022, can you please explain to us about the Vision behind these Launch? What problems does this Protocol Solves? And how would it serve to benefit users in your ecosystem? Although it was just recently launched, but could you please Rate its Performance so far? What are the Various ways to which users could earn in these new Launched Protocol?

Telegram Username
@thisistoyin
Abdulmajid
Guest
Abdulmajid

Following up on your latest developments, Its Quite interesting to see that there are now DEXs built on Emerald, your EVM compatible Paratime. Which i understood that you already have the YuzuSwap, which is the first Decentralized Exchange (DEX) built on your network, and Gemkeeper being the second successfully audited one Could you please be kind enough to Give Clear Elaborations on the YUZUSWAP? apart From Swapping between ETH-based and Oasis based Tokens, what other functionalities does it have? Can you also tell us about What would users benefit from Participating in these YUZU? Furthermore, i would also like to… Read more »

Telegram Username
@thisistoyin
Nhairy
Guest
Nhairy

How protected is your protocol against fraudulent attacks, what are the genomic data and what is its usefulness and benefits for developers and investors, do they meet speed levels according to the needs of the market, which can you establish as your priorities to be completely a protocol efficient and objective?

Telegram Username
@nhairym

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