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zkEVM-based Lumia Begins HyperNodes Public Sales

July 20, 2024
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zkEVM-based Lumia Begins HyperNodes Public Sales

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HyperNodes type an essential a part of Lumia’s method for knowledge availability and liquidity administration. These nodes struggle towards danger linked with knowledge loss or manipulation, setting a brand new customary for blockchain integrity.

Lumia, a zkEVM-based Layer 2 platform constructed on Polygon CDK has commenced the gross sales of its Information Availability Committee (DAC) nodes, referred to as HyperNodes, to the general public. Lumia mentioned it plans to leverage the Nodes’ gross sales to redefine knowledge availability and liquidity for customers within the blockchain ecosystem.

The Function of HyperNodes in Lumia

In keeping with particulars in a press launch, the group can now purchase Lumia’s HyperNodes from node.lumia.org. By collaborating on this sale, they’ll now play their function in decentralizing Lumia’s Layer 2 community. The general public node sale will supply bodily and digital licenses, with all of the rewards going to contributors, companions, upkeep, and LUMIA token buybacks. Notably, HyperNode members will bag rewards based mostly on half of the token provide.

Lumia L2’s DAC nodes have been formed strictly by Sandeep Nailwal, Polygon founder, to assist guarantee a brand new customary of scalability, privateness, and decentralization.

“I really feel {that a} staked DAC secured validium that Lumia is constructing utilizing Polygon know-how might quick turn out to be the trade customary for the initiatives to launch their chains,” Nailwal famous within the launch.

HyperNodes type an essential a part of Lumia’s method for knowledge availability and liquidity administration. These nodes struggle towards danger linked with knowledge loss or manipulation, setting a brand new customary for blockchain integrity.

Lumia addresses important challenges within the blockchain house by using HyperNodes. As an illustration, it could retailer knowledge transactions securely and readily accessible with Nodes whereas Lumia maintains compliance with varied jurisdictions to help efforts to onboard Actual-World Belongings (RWAs).

As well as, Lumia HyperNodes guarantee knowledge availability is confirmed swiftly by counting on a smaller, permissioned group of nodes. Moreover, they supply extra reliable price predictability to allocate assets effectively. In the meantime, tailor-made safety measures and versatile governance have been specified to fulfill the calls for of zkEVM infrastructure.

The decentralized community of nodes makes it simple to forestall dangers that may happen from knowledge loss or manipulation. This units a brand new customary for blockchain integrity.

Be aware that HyperNodes operators are incentivized via buying and selling charges and verifying transaction knowledge which defines the state of the chain. They’ll additionally generate revenue by contributing to the community and a direct monetary incentive for lively participation.

General, buyers and blockchain lovers have an opportunity to take part in a decentralized, and safe surroundings via Lumia’s HyperNodes sale. For Lumia, it may well now fulfill its mission of broadening on-chain liquidity for Decentralized Finance (DeFi) customers.

Developments within the Lumia Ecosystem

Lumia has lengthy positioned itself as a number one participant within the blockchain house via the initiatives it has launched into. As an illustration, the platform not too long ago launched its Layer 2 community, particularly tailor-made for Actual World Belongings (RWAs). As revealed in Coinspeaker’s report, Lumia will present faster loading instances and an improved consumer expertise by leveraging Polygon AggLayer.

Apart from this announcement, Lumia has partnered with 1inch as a liquidity supply. In keeping with the phrases of the settlement, 1inch can now effortlessly provide Lumia’s liquidity to on-chain customers.

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