Full PoS, OASISnode 75% and Proof of Stake 25% of block reward
OASIS is the emerging base layer for NFT’s on an evolving user-created asset network (UCAN) governed by OASIS node operators
Inside the OASIS you’ll find an ever-growing community, utilizing a decentralized governance structure to decide how the protocol evolves by decisions and proposals from holders of XOS, voted upon by those that secure the network via OASIS nodes.
The User Created Asset Network (UCAN) will allow you to create and destroy NFT’s (Non-Fungible Tokens) the way you see fit.
Created a unique piece of art? An audio clip? An animation? All three in one? 'Compose' it. Trade it. Sell it. Distribute it. Decide to make a collection even more rare? Burn it. Or, 'Dispose' it & receive XOS back to do it all over again.
It’s simple . . . if you have an idea, a suggestion, or a desire to see something implemented, get the support of the community and participate in the growth of OASIS.
We envision a future, together in the OASIS.
Phase Three begins July 15th, 2021 with the genesis of v3.0.0 (Leap) a new and highly upgraded blockchain with the integration of the ability to store assets on-chain that are created by a user locking XOS into a created asset.
Holders of XOS mined and rewarded from the initial genesis chain of OASIS in received a 1:1 swap of their coins via snapshot and private key importation from the old blockchain into the new.
The next release will provide users the ability to compose and dispose of NFT assets as well as transfer them to other OASIS users. Additional infrastructure will also be released at that time to enable a fully operational user created asset network (UCAN).
Phase Three continues now, with you.
Block time is every 60 seconds, though this may vary slightly depending on network conditions. This also means that the maximum time you’d have to wait for a transaction to go through, is approximately 60 seconds.
Difficulty is retargeted every block, meaning that rewards are distributed consistently, with rewards being given out every 50 to 70 seconds depending on the network connections.
OASIS has a decentralized system of governance to manage, fund, maintain and expand OASIS. In doing so approved proposals are able to be funded with XOS Super Blocks!Algorithm: Xevan was used to premine the initial coins, XOS is fully PoS.
Masternode Collateral: 285 XOS Coins
Block Time: 60 seconds
Initial Supply: 603,720 XOS Coins for 1:1 swap from snapshot of v2 on 07/15/2021
Rewards Per Block: 0.2 XOS [Reward System]
Rewards Split: Masternode 75% / Stake 25%
Minimum Staking Age: 480 Blocks
Conformations: 30 Blocks
Community Faucet:[oasis.ccore.online]