The Oasis Network is a Layer 1, proof-of-stake, decentralized network. It has two main components, the Consensus Layer and the ParaTime Layer. The Consensus Layer is a scalable, high-throughput, secure, proof-of-stake consensus run by a decentralized set of validator nodes. The ParaTime Layer hosts many parallel runtimes (ParaTimes), each representing a replicated compute environment with shared state. The Oasis Network’s impressive scalability is achieved through a cutting-edge set of features that rovide faster transaction speeds and higher throughput than other networks.