• 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

BlockDAG Gains Global Exposure Through F1 Partnership

chest

BlockDAG's partnership with BWT Alpine F1 team enhances its visibility and positions it as a serious player in the crypto space.

user avatarRajesh Kumar

BlockDAG Technology Gains Momentum Amid Presale

chest

BlockDAG is quietly advancing while the market focuses on short-term price movements, showcasing its unique technology and potential.

user avatarMiguel Rodriguez

Hyperliquid Faces Resistance at 30 Level Amid Recovery Signs

chest

Hyperliquid crypto is facing challenges in breaking past the 30 level despite recent recovery signs.

user avatarLuis Flores

Resistance Levels Indicate Need for Short-Term Cooling in POL Price Rally

chest

As POL approaches resistance levels, signs of hesitation and profit-taking have emerged, suggesting a potential cooling phase.

user avatarArif Mukhtar

Polymarket Expands Language Options to Enhance Global Accessibility

chest

Polymarket is testing a multilingual adaptation of its website to enhance global accessibility.

user avatarMaria Gutierrez

Polymarket Faces Market Uncertainty Amid Lack of Updates

chest

Polymarket faces market uncertainty due to a lack of updates, leaving users and investors with questions about the platform's strategic direction.

user avatarAndrew Smith

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.