Blockchain
A Revolutionary Rollup-Based, Trustless Oracle Design
Credit : cryptonews.net
Zug, Switzerland — DIA, the open oracle community, is proud to announce its newest innovation, ‘Lumina’. Scheduled for an upcoming testnet launch, Lumina goals to deal with the continuing problem of attaining a very decentralized and dependable information infrastructure for Web3. This groundbreaking design will redefine oracle expertise whereas increasing the usability of DIA’s native token, $DIA.
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Constructed on a modular framework, Lumina enhances oracle features from information sourcing to supply. On the coronary heart of this method is DIA’s proprietary L2 rollup, ‘Lasernet’, which takes benefit of latest developments in Ethereum scaling expertise.
The modular strategy reconsiders belief assumptions at each stage of the worth chain. Staking mechanisms encourage a distributed community of nodes to acquire uncooked buying and selling information from over 100 centralized and decentralized exchanges. These contributions are secured with $DIA tokens.
Zero-Information elements confirm uncooked information and calculations, whereas Lasernet handles storage and closing pricing, making certain a clear, immutable, and scalable processing layer. A decentralized messaging protocol then ensures that information is pushed to the related blockchain.
Setting new requirements for trusted oracles
DIA has already established itself as a number one cross-chain oracle community, integrating with greater than 50 L1 and L2 chains and offering information to greater than 200 dApps. DIA makes a speciality of customizable information feeds and excels in offering on-chain and off-chain details about varied functions.
“Lumina is the results of 4 years of innovation in Web3 infrastructure, summarized in a single product. It supplies the inspiration for a decentralized and dependable oracle community that maximizes safety whereas sustaining flexibility for numerous use instances.”
Zygis Marazas, Head of Product at DIA
A phased rollout in direction of full decentralization
The deployment of DIA Lumina will happen in phases. The primary section consists of the launch of the Lasernet testnet and an early staking marketing campaign. This shall be adopted by the introduction of a closed Lasernet mainnet and stay staking. The ultimate section will open up the mainnet to broader participation, permitting for expanded engagement with the community.
Paul Claudius, co-founder of DIA, feedback: “Our new structure represents a big shift within the oracle area, addressing beforehand accepted shortcomings within the business. We’re excited to unveil the conclusion of our imaginative and prescient for actually decentralized and clear oracles, prepared for integration with our intensive community of companions.”
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About DIA
DIA is a trusted oracle community that gives information feeds for tokens, LSTs, RWAs, random numbers and extra on any blockchain. Its permissionless nature permits nodes and stakers to contribute to distributed information sourcing, secured by sturdy cryptoeconomic and cryptographic mechanisms. DIA’s Ethereum L2 package deal, Lasernet, ensures that every one vital oracle operations are carried out with dependable calculations and full verifiability.
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