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Home»EXCHANGE NEWS»zkEVM-based Lumia, HyperNodes public sale begins
EXCHANGE NEWS

zkEVM-based Lumia, HyperNodes public sale begins

By Crypto FlexsJuly 20, 20243 Mins Read
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zkEVM-based Lumia, HyperNodes public sale begins
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HyperNodes form a critical part of Lumia’s data availability and liquidity management technology. These nodes combat risks associated with data loss or manipulation, setting a new standard for blockchain integrity.

Lumia, a zkEVM-based Layer 2 platform built on Polygon CDK, has launched the public sale of its Data Availability Committee (DAC) nodes, known as HyperNodes. Lumia says it plans to leverage the node sale to redefine data availability and liquidity for users in the blockchain ecosystem.

The Role of HyperNodes in Lumia

According to the press release, the community can now purchase Lumia’s HyperNodes at node.lumia.org. By participating in this sale, they can now play a role in decentralizing Lumia’s Layer 2 network. The public node sale offers physical and virtual licenses, and all rewards go to contributors, partners, maintenance, and LUMIA token buybacks. In particular, HyperNode participants will receive rewards based on half of the token supply.

Lumia L2’s DAC node was rigorously designed by Polygon founder Sandeep Nailwal to ensure new standards for scalability, privacy, and decentralization.

“We believe that the staked DAC security validation that Lumia is building using Polygon technology could quickly become an industry standard for projects launching their chains,” Nailwal said in a press release.

HyperNodes form a critical part of Lumia’s data availability and liquidity management technology. These nodes combat risks associated with data loss or manipulation, setting a new standard for blockchain integrity.

Lumia uses HyperNodes to solve important challenges in the blockchain space. For example, Lumia can use nodes to store data transactions securely and easily accessible while supporting efforts to onboard Real-World Assets (RWAs) in compliance with regulations in various jurisdictions.

Lumia HyperNodes also rely on a small group of privileged nodes to ensure that data availability is quickly verified. Furthermore, it provides more reliable cost predictability for efficient resource allocation. Meanwhile, tailored security measures and flexible governance are specified to meet the needs of the zkEVM infrastructure.

A decentralized network of nodes makes it easy to prevent risks that could arise from data loss or manipulation, setting a new standard for blockchain integrity.

HyperNodes operators are incentivized through transaction fees and validation of transaction data that defines the state of the chain. They can also generate income through direct financial incentives for contributing to the network and active participation.

Overall, investors and blockchain enthusiasts have the opportunity to participate in a decentralized and secure environment through Lumia’s HyperNodes sale. For Lumia, it can now fulfill its mission of expanding on-chain liquidity for decentralized finance (DeFi) users.

Evolution of the Lumia ecosystem

Lumia has established itself as a leader in the blockchain space with its long-running projects. For example, the platform recently launched a Layer 2 network specifically tailored for Real World Assets (RWA). As Coinspeaker reports, Lumia will leverage Polygon AggLayer to provide faster loading times and improved user experience.

In addition to this announcement, Lumia has partnered with 1inch as a liquidity source. Under the terms of the agreement, 1inch will now be able to easily provide Lumia liquidity to on-chain users.

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