DIA announces the launch of Lumina and a partnership with Stacks

Source Fxstreet
  • DIA launched Lumina, a new architecture that maximizes decentralization and trustless execution. 
  • DIA’s version 2 architecture is designed to provide maximum flexibility, autonomy, and security for the latest Web3 builders.
  • DIA announces strategic partnership with Stacks ecosystem to bolster DeFi applications on Bitcoin’s Layer-2.

 

Decentralized Information Asset (DIA), a trustless Oracle network, unveiled its new Oracle architecture, “Lumina,” on Thursday. This version 2 DIA is designed to serve the latest Web3 builders with maximum flexibility, autonomy, and security. In addition, it struck a strategic agreement with the Stacks ecosystem to support Decentralized Finance (DeFi) apps on Bitcoin’s Layer 2.

DIA launches its latest version ‘Lumina’

DIA introduced Lumina, its latest architecture, on Thursday. This architecture aims to maximize decentralization and trustless execution while enhancing the utility of the native DIA token.

DIA Lumina uses Lasernet, an Ethereum layer-2 rollup, to settle critical data operations such as storage, computation, and verification. Lumina also employs staking incentives to drive decentralized data sourcing, utilize zero-knowledge for off-chain data verification, and cross-chain messaging to deliver Oracle data to any ecosystem. This innovation eliminates the need for third-party services, ensuring data quality and reliability, which is critical for decentralized applications.

DIA announces strategic partnership with Stacks 

On Thursday, DIA announced a strategic alliance with the Stacks ecosystem. DIA will be a strategic oracle provider for the major Bitcoin Layer-2, providing pricing oracles that allow developers to create strong, oracle-dependent DeFi applications for free.

“The integration of DIA’s oracles into the Stacks blockchain marks a key development for the Stacks ecosystem. With DIA oracles live, Stacks developers will have access to reliable, real-time price feeds for a wide range of Stack-native assets. These price oracles enable DeFi protocols, such as lending platforms, and stablecoins to integrate these assets into their applications and offer further utility and use cases.”, said DIA in its blog post.

The combination of technology improvements, strategic collaborations, and a focus on improving data integrity positions DIA as a potential project in the crypto and DeFi space. 

 

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Dips Below $88K as FOMC Meeting Spurs NervesBitcoin experiences significant volatility, dropping toward $87,000 ahead of a crucial Federal Reserve interest-rate decision.
Author  Mitrade
Dec 08, Mon
Bitcoin experiences significant volatility, dropping toward $87,000 ahead of a crucial Federal Reserve interest-rate decision.
placeholder
Gold Price Forecast: XAU/USD edges lower below $4,200 amid worries about hawkish Fed rate cutGold Price (XAU/USD) trades in negative territory around $4,195 during the early Asian session on Tuesday. The precious metal edges lower amid concerns that the US Federal Reserve (Fed) will adopt a hawkish tone in its rhetoric, despite delivering a rate cut on Wednesday. 
Author  FXStreet
Yesterday 02: 04
Gold Price (XAU/USD) trades in negative territory around $4,195 during the early Asian session on Tuesday. The precious metal edges lower amid concerns that the US Federal Reserve (Fed) will adopt a hawkish tone in its rhetoric, despite delivering a rate cut on Wednesday. 
placeholder
Bitcoin Active Addresses Retreat as Wall Street ETFs Cannibalize Retail FlowAs institutional inflows into Bitcoin ETFs accelerate, active on-chain addresses are sliding, signaling a shift where investors prefer Wall Street wrappers over self-custody.
Author  Mitrade
Yesterday 06: 30
As institutional inflows into Bitcoin ETFs accelerate, active on-chain addresses are sliding, signaling a shift where investors prefer Wall Street wrappers over self-custody.
placeholder
With a New $962M Buy, MicroStrategy’s Bitcoin Treasury Climbs Past 660,000 BTCMichael Saylor and Strategy are heavily investing in Bitcoin, adding 10,624 more BTC to their already significant holdings, despite a tough year for their stock.
Author  Mitrade
Yesterday 08: 20
Michael Saylor and Strategy are heavily investing in Bitcoin, adding 10,624 more BTC to their already significant holdings, despite a tough year for their stock.
placeholder
Silver Price Forecast: XAG/USD refreshes record high, looks to build on move beyond $61.00Silver (XAG/USD) enters a bullish consolidation phase during the Asian session and oscillates in a narrow range near the all-time peak, around the $61.00 neighborhood, touched this Wednesday.
Author  FXStreet
12 hours ago
Silver (XAG/USD) enters a bullish consolidation phase during the Asian session and oscillates in a narrow range near the all-time peak, around the $61.00 neighborhood, touched this Wednesday.
goTop
quote