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 Hits $97K Despite Elevated PPI and Lack of US Tariff DecisionDespite higher-than-expected Producer Price Index (PPI) inflation data for November, Bitcoin surged to new eight-week highs, diverging from US stock markets.
Author  Mitrade
10 hours ago
Despite higher-than-expected Producer Price Index (PPI) inflation data for November, Bitcoin surged to new eight-week highs, diverging from US stock markets.
placeholder
Standard Chartered lifts Ethereum call to $7,500, arguing institutional demand could leave Bitcoin trailingStandard Chartered raised its year-end Ethereum target to $7,500 (from $4,000), citing institutional demand, while projecting $25,000 by 2028 and scenarios toward $40,000 by 2030 amid ETF- and treasury-driven accumulation.
Author  Mitrade
14 hours ago
Standard Chartered raised its year-end Ethereum target to $7,500 (from $4,000), citing institutional demand, while projecting $25,000 by 2028 and scenarios toward $40,000 by 2030 amid ETF- and treasury-driven accumulation.
placeholder
Silver Price Forecast: XAG/USD corrects to near $86.50 as Iran stops killing protestersSilver price corrects almost 6% to near $86.50 during the Asian trading session on Thursday.
Author  FXStreet
14 hours ago
Silver price corrects almost 6% to near $86.50 during the Asian trading session on Thursday.
placeholder
Bitcoin shows strong correlation with institutional demand following 7% uptickBitcoin's price has largely tracked net institutional demand over the past year, according to Bitwise. Net institutional demand is the buying activity of global exchange-traded products (ETPs) and treasury companies minus new supply.
Author  FXStreet
18 hours ago
Bitcoin's price has largely tracked net institutional demand over the past year, according to Bitwise. Net institutional demand is the buying activity of global exchange-traded products (ETPs) and treasury companies minus new supply.
placeholder
US Dollar Index steadies above 99.00 ahead of Retail Sales, PPI dataThe US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is inching lower after registering modest gains in the previous session. The DXY hovers around 99.10 during the Asian hours on Wednesday.
Author  FXStreet
Yesterday 10: 19
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is inching lower after registering modest gains in the previous session. The DXY hovers around 99.10 during the Asian hours on Wednesday.
goTop
quote