On Monday, the Oasis Foundation announced via Twitter that its Damask Upgrade was successfully completed. The team added that the network came back online at 11 AM UTC, and the Emerald ParaTime came back online at 1 PM UTC.
The Damask upgrade would provide many improvements, including increased security and performance, strengthened governance mechanisms, and more decentralization.
Oasis Network is a decentralized blockchain network built by Oasis Labs that enables secure and private data-sharing and control. ROSE, the native token of the Oasis Network, is down by more than 8% in the last 24 hours and currently trades at $0.22297.