What is Oasis labs?
Oasis Labs is raising funds for Ekiden, the next-generation blockchain, built to address scalability and security issues. The Ekiden architecture comprises four layers: the application layer, the computation, storage and consensus layers. Separating computing, storage and consensus is critical to achieving the high performance and security offered by the project. Thanks to that architecture, Ekiden solves scalability and security problems by combining blockchain with an autonomous EVM-scaling solution. Using Trusted Execution Environments (TEE) hardware environments, such as Intel SGX, Ekiden can increase throughput in a secure, non-binding environment.