DIA Introduces Innovative Lumina Oracle Architecture

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  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.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Hut 8 Wins Bid for Poolin's Texas Datacenter Sites

Hut 8 has successfully bid $140 million for two datacenter sites owned by the bankrupt mining company Poolin.

user avatarLucas Weissmann

Senate Banking Committee Democrats Request Hearing on Prediction Markets

Democratic members of the Senate Banking Committee request a public hearing to examine the growing issue of prediction markets and their regulatory implications.

user avatarFilippo Romano

Crypto Economic Activity Remains Strong Despite Market Downturn

Crypto economic activity has shown resilience despite a significant drop in market capitalization, indicating a shift in market dynamics.

user avatarEmily Carter

Visa's Research Highlights Trust as a Barrier to Stablecoin Adoption

Visa's research highlights that trust and fraud protection are essential for stablecoin adoption, with 36% of US respondents considering their use, especially with bank-level protections.

user avatarTomas Novak

Cardano's Onchain Governance Approves New Treasury Allocations

Cardano's governance system has approved a new round of treasury allocations aimed at infrastructure and ecosystem development.

user avatarKaterina Papadopoulou

Galaxy Invests $100 Million in Onchain Credit Infrastructure

Galaxy has invested $100 million in Sky Protocol's yield-bearing sUSDS, integrating it into its corporate treasury and allowing it as collateral for institutional trading.

user avatarMaya Lundqvist

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.