The Oasis Protocol announced via Twitter that its Damask Upgrade will occur today, April 11. The Oasis Network (both the Consensus and ParaTime layers) will halt around 08:30 UTC and resume till the upgrade is completed. Services will be temporarily unavailable, the team added.
In a previous post, The Oasis Protocol said 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 3% in the last 24 hours and currently trades at $0.25377.