• 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

Kraken Enhances Crypto Trading with Tether Gold Listing

chest

Kraken has recently added Tether Gold to its trading menu, providing traders with enhanced options for commodity-backed assets within the crypto market.

user avatarMiguel Rodriguez

Chainlink Integrates Arbitrum Orbit to Enhance Layer 3 Messaging Security

chest

Chainlink has announced its integration with Arbitrum Orbit to enhance security in Layer 3 messaging using its Cross-Chain Interoperability Protocol.

user avatarArif Mukhtar

Aave V3 Launches on zkSync Era, Enhancing DeFi Lending

chest

Aave V3 has been launched on the zkSync Era, expanding DeFi lending capabilities within the ZK rollup environment.

user avatarLuis Flores

BNB Chain's Haber Upgrade Enhances Developer Experience

chest

The Haber upgrade on BNB Chain introduces technical improvements aimed at enhancing the developer and validator experience.

user avatarMaria Gutierrez

Coinbase Supports Render, Enhancing AI Compute Trading

chest

Coinbase's recent support for Render enhances liquidity and access for AI compute traders, increasing trading volume and market participation.

user avatarDavid Robinson

Fidelity Bitcoin ETF Sees Institutional Inflows Amid Market Volatility

chest

Fidelity's latest Bitcoin ETF inflow indicates continued institutional interest despite market fluctuations.

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.