Coinspeaker
zkEVM-based Lumia Begins HyperNodes Public Sales
Lumia, a zkEVM-based Layer 2 platform built on Polygon CDK has commenced the sales of its Data Availability Committee (DAC) nodes, known as HyperNodes, to the public. Lumia said it plans to leverage the Nodes’ sales to redefine data availability and liquidity for users in the blockchain ecosystem.
The Role of HyperNodes in Lumia
According to details in a press release, the community can now buy Lumia’s HyperNodes from node.lumia.org. By participating in this sale, they can now play their role in decentralizing Lumia’s Layer 2 network. The public node sale will offer physical and virtual licenses, with all the rewards going to contributors, partners, maintenance, and LUMIA token buybacks. Notably, HyperNode participants will bag rewards based on half of the token supply.
Lumia L2’s DAC nodes were shaped strictly by Sandeep Nailwal, Polygon founder, to help ensure a new standard of scalability, privacy, and decentralization.
“I feel that a staked DAC secured validium that Lumia is building using Polygon technology could fast become the industry standard for the projects to launch their chains,” Nailwal noted in the release.
HyperNodes form an important part of Lumia’s technique for data availability and liquidity management. These nodes fight against risk linked with data loss or manipulation, setting a new standard for blockchain integrity.
Lumia addresses critical challenges in the blockchain space by employing HyperNodes. For instance, it may store data transactions securely and readily accessible with Nodes while Lumia maintains compliance with various jurisdictions to aid efforts to onboard Real-World Assets (RWAs).
In addition, Lumia HyperNodes ensure data availability is confirmed swiftly by relying on a smaller, permissioned group of nodes. Furthermore, they provide more dependable cost predictability to allocate resources efficiently. Meanwhile, tailored security measures and flexible governance have been specified to satisfy the demands of zkEVM infrastructure.
The decentralized network of nodes makes it easy to prevent risks that can occur from data loss or manipulation. This sets a new standard for blockchain integrity.
Note that HyperNodes operators are incentivized through trading fees and verifying transaction data which defines the state of the chain. They can also generate income by contributing to the network and a direct financial incentive for active participation.
Overall, investors and blockchain enthusiasts have a chance to participate in a decentralized, and secure environment through Lumia’s HyperNodes sale. For Lumia, it can now fulfill its mission of broadening on-chain liquidity for Decentralized Finance (DeFi) users.
Developments in the Lumia Ecosystem
Lumia has long placed itself as a leading player in the blockchain space through the projects it has embarked on. For instance, the platform recently launched its Layer 2 network, specifically tailored for Real World Assets (RWAs). As revealed in Coinspeaker’s report, Lumia will provide quicker loading times and an improved user experience by leveraging Polygon AggLayer.
Besides this announcement, Lumia has partnered with 1inch as a liquidity source. According to the terms of the agreement, 1inch can now effortlessly supply Lumia’s liquidity to on-chain users.
