Decentralized Data Infrastructure: Open Oracle Network DIA Announces New Oracle Architecture for Web3

DIA, the open oracle network, has announced a fully reimagined oracle architecture with ‘Lumina’.

Launching its testnet soon, Lumina is designed to “address the persistent lack of truly decentralized and trustless data infrastructure for web3 and aspires to set new standards for oracles, while expanding the utility of its native token, $DIA.”

Lumina is based on modular components, “enabling the most advanced oracle capabilities from sourcing to verification, storage, processing and delivery.”

Notably, all of Lumina’s critical oracle operations “are executed on DIA’s native L2 rollup ‘Lasernet’, an architecture decision that makes use of the recent advancements in Ethereum scaling technology.”

The modular architecture approach “rethinks trust assumptions at every stage of the value chain: Staking mechanics incentivise a distributed node network to source raw trade data from 100+ centralized and decentralized exchanges, securing their contributions to the system with the platform’s native token $DIA.”

Zero Knowledge components will “enable verification of the raw data used and which computations are done.”

\The storage of price data delivered “by each node as well as the computation of a final price takes place on ‘Lasernet’, ensuring a transparent, immutable and scalable on-chain processing layer.”

Finally, a decentralized messaging protocol “pushes the data to whichever chain it is needed on.”

DIA claims it cemented its status “as one of the most versatile and transparent cross-chain oracles.”

Integrated with more than 50 L1s and L2s and “serving data to over 200 dApps, it specializes in the sourcing and delivery of customizable data feeds for both on-chain and off-chain information.”

DIA Lumina will be rolled out progressively, “beginning with the launch of the Lasernet testnet and an early bird staking campaign.”

The second phase will see the launch of a “closed Lasernet mainnet and live staking, followed by the third phase which will kick off the open mainnet that will enable broad participation in the network.”

Paul Claudius, one of DIA’s cofounders says:

“The new design of our architecture is a paradigm shift for oracles and its users that addresses previously accepted shortcomings in the industry. We are more than excited to release the manifestation of our founding vision – truly decentralized and transparent oracles that will be easily integrated with our many existing partners.”

As mentioned in the announcement. DIA is a trustless oracle network “that delivers data feeds for any token, LST, RWA, random numbers and more to any blockchain.”

The network is permissionless, enabling nodes and stakers “to participate in distributed data sourcing, secured by crypto-economic and cryptographic mechanisms.”

DIA’s native Ethereum L2 rollup, ‘Lasernet’, executes all “critical oracle operations, ensuring trustless computation and full verifiability.”


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