oracle Archives - Top Crypto Game https://topcryptogame.com/tag/oracle/ The latest crypto news! Wed, 11 Sep 2024 16:32:29 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://topcryptogame.com/wp-content/uploads/2022/01/cropped-favicon-32x32.png oracle Archives - Top Crypto Game https://topcryptogame.com/tag/oracle/ 32 32 DIA unveils ‘Lumina’ to disrupt trustless oracle networks https://topcryptogame.com/dia-unveils-lumina-to-disrupt-trustless-oracle-networks/ https://topcryptogame.com/dia-unveils-lumina-to-disrupt-trustless-oracle-networks/#respond Wed, 11 Sep 2024 16:32:29 +0000 https://topcryptogame.com/dia-unveils-lumina-to-disrupt-trustless-oracle-networks/ Decentralized Information Asset (DIA), a trustless oracle network, has unveiled its new oracle architecture, “Lumina,” according to a Sept. 11 statement shared with CryptoSlate. Lumina DIA co-founder Paul Claudius stated: “The new design of our architecture is a paradigm shift for oracles and its users that addresses previously accepted shortcomings in the industry.” According to […]

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Decentralized Information Asset (DIA), a trustless oracle network, has unveiled its new oracle architecture, “Lumina,” according to a Sept. 11 statement shared with CryptoSlate.

Lumina

DIA co-founder Paul Claudius stated:

“The new design of our architecture is a paradigm shift for oracles and its users that addresses previously accepted shortcomings in the industry.”

According to the press statement, the project’s architecture is modular, allowing advanced oracle capabilities across sourcing, verification, storage, processing, and data delivery.

Meanwhile, Lumina’s significant feature is its reliance on DIA’s native layer-2 rollup, Lasernet, which integrates advancements in Ethereum scaling technology.

This architecture reconsiders trust at each stage of the value chain. It includes staking mechanics that incentivize a distributed node network to gather data from over 100 centralized and decentralized exchanges. Nodes are rewarded with DIA tokens, securing the system through their contributions.

Lumina also utilizes Zero Knowledge components to verify the accuracy of the raw data and the computations performed. Data storage and price computations are done on Lasernet, ensuring transparency, immutability, and scalability in the on-chain processing layer.

Additionally, a decentralized messaging protocol transfers the processed data to any required blockchain.

Zygis Marazas, DIA’s Head of Product, said:

“Lumina is the culmination of four years of web3 infrastructure innovation cast into one product. It lays the foundation for our vision of a truly decentralized and trustless oracle network that maximizes security and trust while retaining the flexibility to serve any use case.”

Phased launch

The press statement revealed that the launch of DIA Lumina will happen in phases.

In the first stage, the network will rollout the Lasernet testnet and an early staking campaign to allow users to familiarize themselves with the new solution.

The second phase will introduce a closed Lasernet mainnet and live staking. The third phase will launch the open mainnet, allowing broader participation in the network.

DIA stated that the project’s testnet phase would begin soon.

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3 Spectacular AI Crypto Projects. 🚀 ChainGPT and more https://topcryptogame.com/3-spectacular-ai-crypto-projects-%f0%9f%9a%80-chaingpt-and-more/ https://topcryptogame.com/3-spectacular-ai-crypto-projects-%f0%9f%9a%80-chaingpt-and-more/#respond Tue, 15 Aug 2023 05:01:20 +0000 https://topcryptogame.com/3-spectacular-ai-crypto-projects-%f0%9f%9a%80-chaingpt-and-more/ AI has been around for a few years now. We see more adoption in the blockchain space for AI tools and coins. That’s why we highlight 4 top AI crypto coins. Did you know that Bybit is giving out up to $30,000 in bonuses? Just click this link to find out more – Would you […]

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AI has been around for a few years now. We see more adoption in the blockchain space for AI tools and coins. That’s why we highlight 4 top AI crypto coins.

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Please do your own due diligence and rating before making any investments and consult your financial advisor. We believe that the information presented is correct and accurate, however, there is no guarantee or warranty as to the accuracy, timeliness, or completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

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#chatgpt #ai #crypto

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Chainlink Price Prediction: How High Will LINK Go? 🚀 https://topcryptogame.com/chainlink-price-prediction-how-high-will-link-go-%f0%9f%9a%80/ https://topcryptogame.com/chainlink-price-prediction-how-high-will-link-go-%f0%9f%9a%80/#respond Fri, 28 Oct 2022 05:54:19 +0000 https://topcryptogame.com/chainlink-price-prediction-how-high-will-link-go-%f0%9f%9a%80/ Chainlink is a decentralized oracle network that brings off-chain data into an on-chain format, bridging the gap between the isolated blockchain and real-world data. It aims to ensure that the external information (pricing, weather data, event outcomes) fed to smart contracts remains untampered with. Chainlink is built on top of the Ethereum blockchain and Chainlink […]

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Chainlink is a decentralized oracle network that brings off-chain data into an on-chain format, bridging the gap between the isolated blockchain and real-world data.

It aims to ensure that the external information (pricing, weather data, event outcomes) fed to smart contracts remains untampered with.

Chainlink is built on top of the Ethereum blockchain and Chainlink (LINK) is the native token of the protocol. LINK is used to pay Chainlink network operators for their services.

Chainlink web site:

LINK Price Prediction:

Timestamps
00:00 Introduction to Chainlink
03:41 LINK Price Prediction

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Please do your own due diligence and rating before making any investments and consult your financial advisor. The information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

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Umbrella Network (UMB) Partners With Binance Smart Chain and Polygon (MATIC) https://topcryptogame.com/umbrella-network-umb-partners-with-binance-smart-chain-and-polygon-matic/ https://topcryptogame.com/umbrella-network-umb-partners-with-binance-smart-chain-and-polygon-matic/#respond Sat, 26 Feb 2022 13:27:19 +0000 https://topcryptogame.com/umbrella-network-umb-partners-with-binance-smart-chain-and-polygon-matic/ Umbrella is the first truly decentralized oracle service providing low cost, massively scalable, and secure solutions for smart contracts. Umbrella Network provides access to data previously unavailable to blockchain developers, and at a far lower cost than any other oracle in the industry. And with over 1,000 data pairs available, they offer more data than […]

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Umbrella is the first truly decentralized oracle service providing low cost, massively scalable, and secure solutions for smart contracts.

Umbrella Network provides access to data previously unavailable to blockchain developers, and at a far lower cost than any other oracle in the industry. And with over 1,000 data pairs available, they offer more data than any other oracle in the ecosystem.

#Umbrella #UMB #oracle

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0:00 Introduction to Umbrella Network (UMB)
2:31 What Are Decentralized Oracles?
5:26 Umbrella Network Migrates to Binance Smart Chain BSC
6:36 UMB Partnership with UniFarm Defi Project
7:18 $UMB Added 91% more liquidity to Pancakeswap CAKE
7:51 Umbrella Network April Updates
8:38 Polygon (MATIC) Partnership

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Disclaimer:
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Please do your own due diligence and rating before making any investments and consult your financial advisor. The information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

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