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

DIA Launches 'Lumina' to Transform Oracle Architecture

user avatar

by Giorgi Kostiuk

a year ago

  1. Why Lumina?
  2. Advanced Oracle Infrastructure
  3. Future Plans


    4. The oracle network DIA is set to transform the oracle architecture with the launch of 'Lumina'. The Rollup-based testnet will launch soon.

    Why Lumina?

    The blockchain oracles market is dominated by Chainlink and Pyth Network. However, Lumina aims to penetrate this market by addressing one of web3’s persistent issues – the need for decentralized and trustless data infrastructure. DIA claims Lumina brings this kind of advanced infrastructure to the oracles market.

    Lumina is the culmination of four years of web3 infrastructure innovation cast into one product. It lays the foundation for our vision of a truly decentralized and trustless oracle network that maximizes security and trust while retaining the flexibility to serve any use case.Zygis Marazas, head of product at DIA

    Advanced Oracle Infrastructure

    Lumina’s design utilizes a modular architecture, enabling it to offer advanced oracle capabilities. This extends across its data sourcing, verification, storage, and delivery of data feeds. The network’s oracle operations run on Lasernet, the native layer 2 rollup of DIA. In its first rollout, Lumina will go live on the Lasernet testnet, which includes a staking campaign for early adopters. The mainnet launch and live staking are scheduled for phase two, with the open mainnet launch set for phase three.

    Future Plans

    As DIA prepares for Lumina, it aims to enhance its growth potential through key integrations. The platform currently boasts more than 50 layer 1 and 2 integrations, while its cross-chain oracle ecosystem provides data feeds for over 200 decentralized applications.

    The launch of DIA's 'Lumina' represents a significant step in the development of decentralized and trustless oracles. The new infrastructure is expected to deliver substantial improvements in security and flexibility for users.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

LiquidChain Emerges as a Solution for Cross-Chain Liquidity Fragmentation

chest

LiquidChain is positioning itself as a dedicated Cross-Chain Liquidity Layer to address the fragmented liquidity problem in the crypto market.

user avatarTenzin Dorje

HYPER Presale Raises $31M Amid Market Volatility

chest

The HYPER presale has raised $31 million, indicating strong investor interest.

user avatarMohamed Farouk

Bitcoin Hyper Emerges as a Solution to Performance Bottlenecks

chest

Bitcoin Hyper is emerging as a critical solution to Bitcoin's longstanding performance bottlenecks.

user avatarElias Mukuru

BMIC Launches as a Security Layer in Cryptocurrency

chest

BMIC has raised over 433K and is introducing a quantum-secure wallet, staking, and payments stack aimed at enhancing security in the cryptocurrency space.

user avatarBayarjavkhlan Ganbaatar

Pumpfun Acquires Vyper to Enhance Trading Execution

chest

Pumpfun has acquired Vyper, a trading execution terminal, to enhance market execution and improve EVM performance.

user avatarDiego Alvarez

China Tightens Regulations on RWA Tokenization

chest

China Tightens Regulations on RWA Tokenization

user avatarKenji Takahashi

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.