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Binance Lists Oasis Network (ROSE) after mainnet launch



Binance Lists Oasis Network (ROSE) after mainnet launch

Today Binance, one of the world’s largest cryptocurrency exchange in terms of volume will list Oasis Network (ROSE). The announcement about the listing is done via the official blog post.

As per the announcement, Binance will start trading for Oasis Network (ROSE) with three trading pairs. The three trading pairs are ROSE/BTC, ROSE/BUSD and ROSE/USDT. The trading for ROSE will be live at 2020/11/19 8:00 AM (UTC).

Yesterday at 4 pm UTC on November 18th, Oasis Network mainnet got live with more than 70 independent validators already live. Oasis Network claims to provide 1000 transactions per second and is designed to provide decentralized applications.

As per the official Twitter post, “Mainnet is live! The network launched in under a minute thanks to our fantastic community of Node operators. Check out our blog to learn more about the Oasis Network and our vision for a scalable, private blockchain network”.

An announcement by Oasis Network explained, “The Oasis Network can support a new breed of privacy-preserving applications that respect a user’s data preferences by design and ensure each individual is fairly compensated for their data. They can earn rewards by staking their data with apps that want to analyze it or control how their most sensitive information is consumed by the services they use.”

Oasis Labs also joins Binance in August this year to Launch CryptoSafe Alliance and Decentralized Platform for Combatting Crypto Fraud.

As per the post, “Binance turned to Oasis Labs to provide a platform where exchanges could collaboratively prevent fraud while protecting the confidentiality of each participant’s sensitive data in a decentralized manner”.

Disclaimer: Koinalert’s content is only for information purpose in nature and should not be considered as investment advice. Do your own market research before investing in any cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.

Ashish is a cryptocurrency journalist who has been passionately involved in the bitcoin space since 2016. His interests lie in bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.