• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

DIA Introduces Innovative Lumina Oracle Architecture

user avatar

by Giorgi Kostiuk

2 years ago


  1. Lumina Capabilities
  2. Core Technological Features
  3. Statements from DIA Representatives

  4. The open oracle network DIA recently announced Lumina, a completely reimagined oracle architecture. According to DIA representatives, Lumina will soon launch on its testnet, aiming to address the persistent deficiencies in trustless and decentralized data infrastructure for Web3.

    Lumina Capabilities

    Lumina leverages modular components to enable cutting-edge oracle functionalities such as data delivery, processing, storage, and verification. The crucial oracle operations of Lumina are conducted on Lasernet (DIA's local L2 rollup), which harnesses the latest advancements in Ethereum scaling technology.

    Core Technological Features

    The modular architecture reimagines trust suppositions at every stage of the value chain. Staking mechanisms provide a network of distributed nodes for sourcing rare trade data from over a hundred decentralized and centralized exchanges, securing contributions to the ecosystem via the $DIA token. Zero-Knowledge components are used to verify raw data.

    Statements from DIA Representatives

    Zygis Marazas, Head of Product at DIA, stated, 'Lumina represents the culmination of four years of infrastructure innovation in Web3.' The platform has integrated with over 50 L2 and L1 networks and serves data to more than 200 dApps. DIA specializes in the delivery and sourcing of adaptable data feeds for both off-chain and on-chain information.

    Lumina lays the foundation for creating a trustless and decentralized oracle network aimed at maximizing trust and security while maintaining the flexibility to serve diverse use cases.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

XRP Faces Key Resistance Levels Ahead

chest

XRP price is approaching significant resistance levels that could impact future movements.

user avatarJesper Sørensen

XRP Price Demonstrates Robust Ascending Trend.

chest

XRP price shows strong upward momentum, consolidating gains and aiming for higher levels.

user avatarRajesh Kumar

Bitcoin Price Sees Fresh Increase Above 64,500

chest

Bitcoin price has started a fresh increase, clearing the 64,500 zone and showing potential for further gains.

user avatarLucas Weissmann

Liberland Congress Removes Secretary of Technology Amid Controversy

chest

The Congress of Liberland has voted to remove Dorian Stern Vukoti from his role as Secretary of Technology due to serious allegations including the removal of multisig protections and unauthorized actions.

user avatarFilippo Romano

Bitcoin ETFs See Major Inflows After Nearly a Month

chest

Bitcoin ETFs have recorded their first major net inflow in almost a month, attracting a total of $859 million in capital yesterday.

user avatarEmily Carter

SBF's Appeal Rejected by Second Circuit Court

chest

Sam Bankman-Fried's appeal for a new trial in the FTX fraud case was denied by the Second US Circuit Court of Appeals, upholding his convictions and limiting his legal options.

user avatarTomas Novak

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.