Advertisement
AD

Main navigation

Lumia Announces HyperNodes Sale to Raise Funds for L2

Thu, 18/07/2024 - 20:09
Lumia sees sale of HyperNodes as opportunity for investors and crypto enthusiasts to take part in creating next generation decentralized ecosystem
Advertisement
Lumia Announces HyperNodes Sale to Raise Funds for L2
Cover image via www.freepik.com
Read U.TODAY on
Google News

Lumia, a zkEVM layer-2 network developed in collaboration with Polygon and GatewayFM, has announced its HyperNodes sale. Nodes are now on sale at node.lumia.org, allowing the community to play its part in decentralizing the layer 2.

Advertisement

HyperNodes, or Availability Committee (DAC) nodes, are designed to ensure maximum scalability and security, while maintaining compliance with various jurisdictions to aid its efforts to onboard RWA assets. 

This decentralized network of nodes mitigates risks associated with data loss or manipulation.

“It has been extremely interesting to brainstorm the design space and come up with optimal architecture for Lumia's upcoming validium with their tech team. 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," Polygon Founder Sandeep Nailwal said. 

Advertisement

HyperNodes operators earn real yield through trading fees and verifying transaction data, which defines the state of the chain, thus maintaining its integrity.

Related

They can also earn other revenue streams, creating a direct financial incentive for active participation and contribution to the network.

According to the company, the sale represents a significant opportunity for investors and blockchain enthusiasts to participate in a decentralized, secure and efficient ecosystem.

Advertisement
Subscribe to daily newsletter

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD