• 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

GitHub Report Highlights Editorial Policy

chest

A report emphasizes GitHub's strict editorial policy prioritizing accuracy and impartiality.

user avatarZainab Kamara

Dogecoin Reclaims Key Technical Level Amid Market Analysis

chest

Dogecoin has reclaimed the 0.013 level, attracting attention from traders and analysts.

user avatarSon Min-ho

The Coinbase Report Highlights Editorial Policy sets forth the standards for content creation, prioritizing accuracy, transparency, and neutrality in reporting.

chest

Coinbase emphasizes its strict editorial policy prioritizing accuracy and impartiality.

user avatarAyman Ben Youssef

Farside Introduces Strict Editorial Policy

chest

Farside has implemented a strict editorial policy that emphasizes accuracy, relevance, and impartiality in its reporting.

user avatarTando Nkube

New Analysis Developed Using SEC Data.

chest

The report is based on information sourced from the SEC, providing accurate financial insights to stakeholders. This ensures that the information presented is reliable and up-to-date.

user avatarKofi Adjeman

Vitalik Buterin Stresses Importance of Editorial Integrity

chest

Vitalik Buterin emphasizes the importance of a strict editorial policy focusing on accuracy, relevance, and impartiality to enhance trustworthiness in information.

user avatarNguyen Van Long

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.