• 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

2 years 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

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.