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
Gold Price Forecast: Can Gold Keep Rising After Reclaiming $4,400 as Markets Await Upcoming CPI Data?During Wednesday's Asian trading session, spot gold (XAUUSD) extended its rebound, reclaiming $4,400/oz. As of 11:08 Beijing time on August 12, spot gold was trading at $4,414.705/oz, up
Author  TradingKey
11 hours ago
During Wednesday's Asian trading session, spot gold (XAUUSD) extended its rebound, reclaiming $4,400/oz. As of 11:08 Beijing time on August 12, spot gold was trading at $4,414.705/oz, up
placeholder
WTI advances above $82.50 due to mixed signals regarding potential US-Iran dealWest Texas Intermediate (WTI) oil price extends its gains for the third successive day, trading around $82.70 per barrel during the Asian hours on Wednesday. Crude oil prices advance as investors weigh mixed signals regarding a potential deal between the United States (US) and Iran.
Author  FXStreet
20 hours ago
West Texas Intermediate (WTI) oil price extends its gains for the third successive day, trading around $82.70 per barrel during the Asian hours on Wednesday. Crude oil prices advance as investors weigh mixed signals regarding a potential deal between the United States (US) and Iran.
placeholder
Gold Price Forecast: Cooling Rate Hike Expectations Push Gold Above $4,400, Eyeing $4,500 Next As of the European session on August 11, gold prices (XAUUSD) briefly topped $4,400 intraday, reaching a high of $4,435.2, its highest level since June 5. However, gains subsequently narr
Author  TradingKey
Yesterday 10: 03
As of the European session on August 11, gold prices (XAUUSD) briefly topped $4,400 intraday, reaching a high of $4,435.2, its highest level since June 5. However, gains subsequently narr
placeholder
WTI hovers around $81.50 as US-Iran peace talks stallWest Texas Intermediate (WTI) oil price moves little after registering gains over 6.5% in the previous day, trading around $81.40 during the Asian hours on Tuesday.
Author  FXStreet
Yesterday 01: 28
West Texas Intermediate (WTI) oil price moves little after registering gains over 6.5% in the previous day, trading around $81.40 during the Asian hours on Tuesday.
placeholder
Gold Price Forecast: Gold Rises as Nonfarm Payrolls Unexpectedly Turn Negative; Can CPI and PPI Help Break $4,500? As of the Asian session on August 10, gold prices ( XAUUS D) extended last week's trend into this week after a sharp rise last week, with the latest gold price trading near $4,345, up sli
Author  TradingKey
Aug 10, Mon
As of the Asian session on August 10, gold prices ( XAUUS D) extended last week's trend into this week after a sharp rise last week, with the latest gold price trading near $4,345, up sli
goTop
quote