DIA unveils ‘Lumina’ to disrupt trustless oracle networks
DIA unveils ‘Lumina’ to disrupt trustless oracle networks DIA unveils ‘Lumina’ to disrupt trustless oracle networks
DIA stated that Lumina's testnet would soon be launched.
Quilt art work/illustration by utilizing CryptoSlate. Image entails blended snarl which would possibly perchance also simply embody AI-generated snarl.
Decentralized Knowledge Asset (DIA), a trustless oracle community, has unveiled its recent oracle architecture, “Lumina,” per a 11th of September commentary shared with CryptoSlate.
Lumina
DIA co-founder Paul Claudius stated:
“The recent create of our architecture is a paradigm shift for oracles and its customers that addresses previously accepted shortcomings within the industry.”
In step with the clicking commentary, the project’s architecture is modular, allowing evolved oracle capabilities all the draw in which thru sourcing, verification, storage, processing, and data provide.
In the meantime, Lumina’s fundamental feature is its reliance on DIA’s native layer-2 rollup, Lasernet, which integrates advancements in Ethereum scaling technology.
This architecture reconsiders belief at every stage of the value chain. It entails staking mechanics that incentivize a disbursed node community to catch data from over 100 centralized and decentralized exchanges. Nodes are rewarded with DIA tokens, securing the machine thru their contributions.
Lumina additionally utilizes Zero Details substances to look at the accuracy of the raw data and the computations performed. Details storage and value computations are performed on Lasernet, guaranteeing transparency, immutability, and scalability within the on-chain processing layer.
Additionally, a decentralized messaging protocol transfers the processed data to any required blockchain.
Zygis Marazas, DIA’s Head of Product, stated:
“Lumina is the culmination of 4 years of web3 infrastructure innovation solid into one product. It lays the muse for our vision of a the truth is decentralized and trustless oracle community that maximizes security and belief while maintaining the flexibility to lend a hand any use case.”
Phased initiate
The click commentary revealed that the initiate of DIA Lumina will occur in phases.
In the foremost stage, the community will rollout the Lasernet testnet and an early staking campaign to permit customers to familiarize themselves with the recent solution.
The 2d phase will introduce a closed Lasernet mainnet and are residing staking. The third phase will initiate the beginning mainnet, allowing broader participation within the community.
DIA stated that the project’s testnet phase would originate soon.
Oluwapelumi Adejumo
Oluwapelumi values Bitcoin's doable. He imparts insights on a range of topics bask in DeFi, hacks, mining and culture, underlining transformative energy.
Liam 'Akiba' Wright
In most cases identified as "Akiba," Liam is a reporter, editor and podcast producer at CryptoSlate. He believes that decentralized technology has the functionality to create frequent definite alternate.
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