New Upgrades Let You Build More Powerful DApps
Today, we’re excited to announce two critical milestones in the development of the Oasis ecosystem, both furthering our mission of creating a responsible data economy and putting more control into the hands of everyday users. These upgrades also make Oasis fully developer ready, so if you are a developer, you now have a suite of tools and features to create and deploy powerful applications.
Codenamed Cobalt, the first major mainnet upgrade marks an important milestone for the Oasis Network, as it sets the foundation for unlocking the network’s full decentralized finance (DeFi) capabilities. The name Cobalt comes from the incredible Oasis community. They voted on the naming scheme for the network upgrades and chose Cobalt because of its meaning as a Rose color. We also find it fits well with the Oasis Foundation’s signature color, blue.