DIA launches testnet for Lumina, a new modular oracle

DIA has launched the testnet for Lumina, its new modular oracle infrastructure aimed toward enhancing transparency, scalability and integration flexibility. Designed to deal with widespread points with current oracles, Lumina permits for knowledge aggregation, verification and supply throughout blockchains.

Its structure is distinguished from different oracle options resembling Chainlink and API3, given its help for a number of messaging protocols, compatibility with non-EVM chains and complete knowledge traceability.

Beforehand, entry to oracle knowledge’s origins and circulation was usually opaque, however Lumina provides full visibility into all the course of, in accordance with Zygis Marazas, DIA’s head of product.

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“Customers can clearly see all the knowledge journey, from the supply to the ultimate value calculation,” Marazas informed Blockworks. This strategy goals to construct belief in knowledge reliability and accuracy.

The testnet, which went stay at the moment, will restrict participation. Nevertheless, the mainnet is scheduled for launch in Q1 2025 and can function as a totally permissionless community. Along with nodes, new chains and property that want oracles companies can plug in with out direct involvement from DIA’s group. This eliminates the necessity for guide onboarding processes.

“You may arrange your individual oracles if you want, utterly permissionlessly,” Marazas defined. This performance is anticipated to enchantment to builders engaged on rising rollups and specialised blockchain ecosystems, the place velocity and autonomy are crucial.

This performance ought to allow the lengthy tail of property to make their manner into DeFi, Aiham Jaabari informed Blockworks. Jaabari is the co-founder of Silo Finance, which makes use of DIA oracles.

“Only a few oracle suppliers present knowledge feeds past the blue chips — in order that’s why we’re sort of enthusiastic about Lumina,” Jaabari stated. “Technically talking, you possibly can truly create an oracle permissionlessly on a [layer-2] for actually any token asset.”

Lumina’s structure is designed to combine all kinds of knowledge sources. By aggregating knowledge from a number of origins, together with blockchain networks and exterior APIs, Lumina ensures broad protection and accuracy.

“You will get knowledge from any supply — offchain or onchain — from the lots of of feeds that exist proper now out there,” stated Marazas.

To reinforce scalability, Lumina employs an OP Stack-based rollup, known as Lasernet. For knowledge availability, Lumina makes use of Celestia, making its rollup an optimium — the optimistic rollup equal of a validium.

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Marazas famous the group was impressed by Celestia’s roadmap to at least one gigabyte blocks, and considers the scaling advantages to outweigh the minor danger launched by including a dependence, a view consistent with the broader modular development.

Whereas Lumina is optimized for Ethereum rollups, it’s also designed to help non-EVM ecosystems resembling Cosmos and Transfer-based chains. It makes use of Hyperlane as a cross-chain messaging protocol, however can work with different requirements if wanted.

Lumina’s flexibility extends additional with help for each push and pull fashions of knowledge supply, permitting customers to decide on the strategy that most closely fits their wants. “Some prospects favor [a] pull-based strategy, the place they will get costs on demand, however there are different instances the place push-based [updates] might be extra environment friendly,” he added.

Finally, it’s the flexibleness that Silo’s Jaabari sees as a promoting level. “Having management over the oracle is as essential because the feed itself as a result of there’s nobody methodology that matches all property,” he stated.

Jaabari can be a fan of the layer-2 technique, calling it “the most cost effective approach to course of the information and make it accessible.”

Decentralization is a key a part of Lumina’s roadmap. Though the testnet will initially depend on whitelisted knowledge feeders, DIA plans to step by step open participation to anybody in 2025, introducing staking and slashing mechanisms to make sure knowledge accuracy.

“The imaginative and prescient of our protocol is that finally it will run with out the core group being concerned,” stated Marazas.