In a groundbreaking move, Lumoz, the ZK-RaaS platform, formerly known as Opside, has officially announced the upcoming launch of StableNet in December. The revelation took place during the RaaS Day, a collaborative event hosted in partnership with Polygon. Lumoz, a trailblazer in the ZK-RaaS sector, has distinguished itself by supporting the code-free generation of ZK-Rollup app-chains, utilizing the ZK-PoW mining mechanism to provide Zero-Knowledge Proof (ZKP) arithmetic through a decentralized prover network.
Marking a New Era for ZK-Rollups
As an officially certified CDK technology provider endorsed by Polygon, Lumoz has undergone significant technical enhancements, offering customizable upgrades tailored specifically for Polygon CDK. Importantly, Lumoz has expanded its support to include other forms of zkEVM, such as zkSync and Scroll. StableNet, a cutting-edge zkEVM constructed on Ethereum as Layer 1, introduces several groundbreaking features that set it apart in the rapidly evolving blockchain landscape, including:
1. USDC Stability: StableNet has adopted the USDC stablecoin as its gas fee token, a unique approach that prices transaction gas fees in USDC, enhancing stability and predictability.
2. Polygon CDK and Celestia DA Integration: Positioned as the first mainnet zkEVM project of its kind, StableNet is built on the Polygon CDK and Celestia DA, showcasing Lumoz’s commitment to pushing technological boundaries and leveraging cutting-edge infrastructure.
3. Cross-Rollup Communication: StableNet supports atomic cross-Rollup communication, enabling addresses on Layer 2 to directly interact with contracts on Ethereum Layer 1, including popular protocols like AAVE and Uniswap.
4. Decentralized Prover Network: Introducing a decentralized prover network, StableNet ensures a more stable and reliable ZKP computation, contributing to the overall security and efficiency of the platform.
5. Optimized Gas Economic Model: Featuring an optimized gas economic model, all gas fee income generated on StableNet will be reinvested back into the community. This includes developers of decentralized applications (Dapps), liquidity providers (LPs), and regular users, fostering a sustainable and thriving ecosystem.
Alvaro Fernandez, COO of Lumoz, expressed his excitement about the achievement, stating, “This is a significant milestone for Lumoz, being the first rollup to utilize Polygon CDK and go live, while also receiving official certification and support from Polygon and Celestia. We aspire to offer more RaaS-related services to developers and projects in the future.”
Overall, this announcement marks a significant milestone in the ZK-Rollup technology domain, positioning Lumoz as a frontrunner in innovation within the blockchain ecosystem. The blockchain community eagerly awaits the launch of StableNet, anticipating the transformative impact it will have on the efficiency, stability, and functionality of ZK-Rollup technology. Further updates are anticipated as Lumoz continues to reshape the landscape of ZK-Rollups.
