DIA's 'Lumina' Oracle Architecture Unveiled, Powered by Layer 2 Rollup

IconCryptoNewsTerminal Staff11 Sep, 2024

cryptonews.jpg

DIA's 'Lumina' Oracle Architecture Unveiled, Powered by Layer 2 Rollup

DIA, a cross-chain Web3 oracle project, has unveiled Lumina, its new oracle architecture. Lumina is powered by Lasernet, DIA's native Layer 2 rollup. Lasernet reportedly combines a staking mechanism with zero-knowledge (ZK) components for enhanced transparency and scalability. Lumina is designed to address the limitations of existing oracle solutions, which often struggle with scalability, transparency, and reliability. By leveraging Lasernet's advanced technology, Lumina aims to provide a more robust and efficient oracle solution for the Web3 ecosystem. DIA plans to gradually roll out Lasernet's mainnet following a testnet launch and staking campaign. The project believes that Lumina has the potential to revolutionize the oracle landscape and play a vital role in the growth of the Web3 ecosystem.