Decentralized Data Asset (DIA), a trustless oracle community, has unveiled its new oracle structure, “Lumina,” based on a Sept. 11 assertion shared with CryptoSlate.
Lumina
DIA co-founder Paul Claudius said:
“The brand new design of our structure is a paradigm shift for oracles and its customers that addresses beforehand accepted shortcomings within the trade.”
In line with the press assertion, the undertaking’s structure is modular, permitting superior oracle capabilities throughout sourcing, verification, storage, processing, and information supply.
In the meantime, Lumina’s vital function is its reliance on DIA’s native layer-2 rollup, Lasernet, which integrates developments in Ethereum scaling expertise.
This structure reconsiders belief at every stage of the worth chain. It contains staking mechanics that incentivize a distributed node community to collect information from over 100 centralized and decentralized exchanges. Nodes are rewarded with DIA tokens, securing the system by their contributions.
Lumina additionally makes use of Zero Information elements to confirm the accuracy of the uncooked information and the computations carried out. Knowledge storage and worth computations are carried out on Lasernet, making certain transparency, immutability, and scalability within the on-chain processing layer.
Moreover, a decentralized messaging protocol transfers the processed information to any required blockchain.
Zygis Marazas, DIA’s Head of Product, mentioned:
“Lumina is the fruits of 4 years of web3 infrastructure innovation solid into one product. It lays the muse for our imaginative and prescient of a really decentralized and trustless oracle community that maximizes safety and belief whereas retaining the pliability to serve any use case.”
Phased launch
The press assertion revealed that the launch of DIA Lumina will occur in phases.
Within the first stage, the community will rollout the Lasernet testnet and an early staking marketing campaign to permit customers to familiarize themselves with the brand new resolution.
The second part will introduce a closed Lasernet mainnet and dwell staking. The third part will launch the open mainnet, permitting broader participation within the community.
DIA said that the undertaking’s testnet part would start quickly.
