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Why Does ETH 3.0 Need Lumoz’s ZK Computing Network?

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Lumoz Modular Compute Layer

Bangkok, Thailand, 10th December 2024, ZEX PR WIRE, The Lumoz Protocol is a globally distributed modular computing protocol dedicated to providing advanced zero-knowledge proof (ZKP) services. It supports the development of ZK technology and provides robust computational power for cutting-edge technologies such as ZK and AI.

Facing the challenges of computational costs in the zero-knowledge computing field, Lumoz leverages its extensive experience in ZKP, innovatively optimizing circuits and algorithms to significantly enhance computational efficiency. This effectively addresses the high costs and low efficiency of Rollup projects while lowering the barriers for ordinary users to participate in the zero-knowledge computing market.
Currently, Lumoz is a pioneer in the Rollup field. With its modular computing layer network, Lumoz has become a leading provider of top-tier zero-knowledge (ZK) computational power, supporting numerous projects such as Merlin with ZKP computing services. Lumoz continues to meet the growing demand for advanced computational support.
Lumoz Modular Compute Layer: Key Features
The Lumoz Modular Compute Layer serves as a powerful computational module with the following notable characteristics:
  • Decentralized Computing: The Lumoz Compute Layer operates on a blockchain network using a hybrid consensus mechanism of Proof of Stake (PoS) and Proof of Work (PoW), ensuring decentralized computing capabilities. This architecture provides continuous ZKP computation for zkRollups and offers a secure data processing and model training environment for AI applications.
  • High Computational Stability: Lumoz’s computational nodes consist of thousands of GPU/CPU nodes. This not only ensures the continuous computation of ZKPs but also supports the large-scale parallel computing required for AI, guaranteeing efficient execution of complex computational tasks.
  • Strong Compatibility: Lumoz is highly compatible with the blockchain industry’s leading Rollup solutions such as Polygon zkEVM, zkSync, Scroll, and Starknet. It also meets diverse AI computational needs through its unique computing mechanisms, offering robust support across various technology stacks.
  • Cost Efficiency: The Lumoz decentralized compute layer integrates an optimized economic model to enable low-cost ZKP generation. This cost efficiency extends to AI computing tasks, offering users an economical and efficient solution for both AI and blockchain computations.

Lumoz’s ZK Computing Network Boosts ETH 3.0 

In Vitalik’s The Verge roadmap, Ethereum’s SNARKification is an important initiative aimed at enhancing scalability and decentralization by applying zero-knowledge proofs to both the consensus layer and execution layer. This transformation is a key component of Ethereum 3.0’s vision. Vitalik acknowledges that modifying the consensus layer is a significant challenge that will require continuous consideration and optimization in future work.
The Beam Chain proposal, introduced by Justin Drake at DevCon, addresses this very challenge by providing a potential path to achieve SNARKification of the consensus layer. By integrating SNARK proofs and post-quantum cryptography, Beam Chain not only lowers staking barriers but also reduces block confirmation times. This brings stronger decentralization and improved performance to Ethereum.
BeamChain’s Goals
  • Block Production Goals:
    • Validator Isolation: Implementing Attester Proposer Separation and execution auctions to separate validators from block production.
    • Faster Slot Times: Reducing slot times to 4 seconds to improve block generation speed.
  • Staking Goals:
    • Lowering Staking Thresholds: Reducing the staking threshold from 32 ETH to 1 ETH to encourage broader participation.
    • Achieving Fast Finality: Implementing single-slot finality for faster transaction finalization.
  • Cryptographic Goals:
    • Chain SNARKification: Integrating zkVM to enhance system privacy and security.
    • Long-Term Security: Ensuring the cryptographic security of Ethereum remains resilient for decades or even centuries.
BeamChain is an Ethereum 3.0 consensus layer upgrade proposal. By leveraging innovative technologies such as zero-knowledge proofs and post-quantum signatures, BeamChain significantly enhances blockchain security, efficiency, and scalability.
These advancements improve transaction privacy and decentralization, reduce validation costs, and prepare the network for the challenges of future quantum computing developments. This series of innovations creates new opportunities for the blockchain industry.
Lumoz’s Key Role in BeamChain Implementation
Lumoz has played a critical role in the implementation of BeamChain by leveraging its modular design and efficient computing capabilities to drive the achievement of multiple goals:
  • Efficient Validator Isolation: Lumoz’s modular architecture provides efficient computational power to separate validators from block production. This optimization streamlines validator operations, enhancing the overall decentralization and security of the network.
  • Faster Block Generation Speed: Lumoz’s high-performance execution layer supports the reduction of slot times, which is crucial for speeding up block generation. This acceleration ensures the network can quickly respond to and process a higher volume of transactions.
  • Supporting Chain SNARKification: By integrating zkVM, Lumoz delivers powerful computational capabilities to support complex zero-knowledge proof operations. This support strengthens system privacy, improves overall security, and ensures the confidentiality and integrity of transaction data.
  • Ensuring Long-Term Security: Lumoz’s computing infrastructure provides continuous cryptographic support to Ethereum, ensuring its security remains intact for decades or even centuries. This long-term security is essential for maintaining user trust and network stability.
  • Economically Efficient Computational Support: Through its decentralized computing layer and optimized economic model, Lumoz has achieved low-cost ZKP generation. This cost efficiency is not only applicable to blockchain computation tasks but also offers economically efficient solutions for AI applications.
Through these contributions, Lumoz has not only enhanced the functionality and performance of BeamChain but also laid a solid foundation for the future development of the Ethereum ecosystem.
By enabling efficient validator computation, accelerated block generation, enhanced privacy and security, and economically efficient computational support, Lumoz has addressed the blockchain trilemma—achieving scalability without compromising decentralization or security.
This breakthrough allows Ethereum to significantly improve network scalability and user experience while maintaining decentralization and security, creating broader opportunities for future innovation and application development.

Conclusion

Lumoz is a pioneer in modular compute layer space, providing decentralized ZKP computing power to support the development of Ethereum 3.0 and Beam Chain. Amid the Ethereum community’s long-standing focus on execution layer optimization, Lumoz’s technology has advanced the Snarkification of the execution layer while paving the way for the Snarkification of the consensus layer.
The introduction of Beam Chain will shift community attention toward the transformation of the consensus layer, ushering in exciting innovations. By combining zero-knowledge proof (ZKP) technology with post-quantum cryptography, Lumoz has provided Ethereum’s ecosystem with enhanced decentralization and improved performance.
Lumoz’s robust computational stability, low-cost ZKP generation, multi-chain compatibility, and efficient computing power offer economically efficient solutions for blockchain and AI applications. These advantages have collectively driven innovation and expansion within the Ethereum ecosystem, completing a key piece of the Ethereum Snarkification puzzle.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

WorldShards Rolls Out Complete Economy System with Pre-TGE Airdrops for Players

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Abu Dhabi, UAE, 19th December 2024, ZEX PR WIRE, The WorldShards team is super excited to announce the opening of its in-game economy. The project went live on Open Loot, right alongside Big Time and other successful Web3 games.

The full economy will go live in December 2024, after which the TGE will follow early in 2025. This milestone shows how far it has come since the February 2024 early access release of the game.

New Opportunities for WorldShards Players

New opportunities are on the horizon for avid gamers as the highly anticipated in-game economy launch approaches.

Proxy Tokens will be introduced in mid-December. At this point, these tokens will become the main currency to access NFT crafting and in-game upgrades. This feature will let players focus on gameplay and convert their tokens at a 1:1 ratio during the 2025 TGE.

WorldShards is removing access code requirements this December, providing all users with a 30-day trial period to experience the game. And if certain in-game activity criteria are met during this trial, players can permanently join the ranks of WorldShards enthusiasts.

Rewards and Community Empowerment

Another important feature that gamers will appreciate in Phase 2 is the airdrop campaign. This represents a form of reward for active players, including trial members, depending on their merits in the game. Importantly, one does not have to own an NFT to be eligible for inclusion in the airdrop.

Current players are given welcome bundles as an added bonus to gift to their peers. These bundles grant full game access and a generous amount of premium currency called gems. Additionally, future purchases of Welcome Bundles will also come with an extra bundle to gift.

About WorldShards

WorldShards is an MMORPG game developed by the experienced veterans of Lowkick Studio in collaboration with Abu Dhabi Gaming. It is a cross-platform game that opens an entire world for players beyond conventional limits. The project was launched in cooperation with the Open Loot platform, the creators of Big Time and the $OL token.

Since its launch, WorldShards has gathered tens of thousands of players from all over the world. Actually, the project is able to boast of more than 300,000 members in its online community. Sales success is a nice backup for such a growth strategy that the project is following. In 2024 alone, WorldShards gathered over $4 million after selling Artifact Boxes, Mystery Island Boxes, and Founder’s Lootboxes.

Anyone interested in learning more about WorldShards should refer to the official website of the project. Also, here is the game launcher link. The social pages listed below regularly keep players updated on WorldShards news and exclusives.

X (Twitter) | Telegram | Discord | Twitch | Steam

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

Luxuri Unveils Q4 Edition and Announces 2024 Luxury Award Winners

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Luxuri, the premier lifestyle media brand dedicated to curating the world’s most exquisite products, services, and experiences, is proud to announce the launch of its highly anticipated Luxuri Magazine Q4 edition. This season’s publication embodies the essence of refined living, presenting readers with an unparalleled exploration of global luxury, from transformative wellness retreats and artisanal craftsmanship to rare wines and bespoke travel experiences.

At the heart of this Q4 edition, Luxuri is honored to reveal the distinguished winners of the Luxuri Awards 2024. These accolades celebrate the leading visionaries, artisans, and innovators who are redefining excellence in their respective fields. Each winner exemplifies our brand’s core values of quality, authenticity, and sophistication, setting a benchmark for others to follow.

Q4 Award Winners: Pioneers in Luxury, Wellness, and Heritage

VIVAMAYR – Premium Medical Resort of the Year, Austria 2024

Setting a new standard in medical wellness, VIVAMAYR merges cutting-edge Mayr medicine with a holistic approach to health, vitality, and longevity. Guests embark on transformative journeys that prioritise gut health, preventive care, and sustainable lifestyle changes. In this Q4 edition, readers will discover how VIVAMAYR transcends the notion of a traditional retreat to deliver a life-altering experience designed to endure long after one’s stay.

 Aman Spa – Holistic Wellness Destination of the Year, Canada 2024

Aman Spa in Toronto takes an expansive view of well-being, offering treatments that harmonize body, mind, and spirit. Rather than focusing solely on remedying discomfort, Aman Spa emphasizes preventative care and emotional balance, redefining the concept of true holistic wellness. Our coverage provides insights into their comprehensive and personalized approach, illustrating why Aman Spa is an indispensable destination for the discerning wellness connoisseur.

 Jidvei – Dry White Wine Producer of the Year, Romania 2024

Amid the storied landscapes of Transylvania, Jidvei Winery upholds a centuries-long tradition of viticulture while embracing modern innovation. Renowned for its Protected Designation of Origin wines, Jidvei captures the terroir’s distinct character in every bottle. In this edition, Luxuri immerses readers in Jidvei’s world, revealing how the winery’s heritage, estate vineyards, and the elegant Bethlen-Haller Castle converge to produce extraordinary wines that speak to Romania’s rich cultural tapestry.

Engel & Völkers Snell Real Estate – Best Luxury Real-Estate Brokerage, Mexico 2024

For close to three decades, Engel & Völkers Snell Real Estate has set the benchmark in the luxury property market of Los Cabos, Baja California Sur. Their storied legacy stems from an unwavering commitment to excellence, a carefully curated portfolio, and personalized client services that reflect both local allure and global prestige. In this Q4 edition, readers gain insight into how Engel & Völkers Snell Real Estate has redefined what it means to deliver a world-class luxury real estate experience.

Dacastello Vini – Best Italian Wine Exporter 2024

Dacastello Vini epitomizes Italian winemaking, bridging the gap between regional vineyards and wine enthusiasts worldwide. Boasting a diverse selection of over 100 varieties, the company celebrates Italy’s storied viticulture, terroir, and craftsmanship. Readers will discover how Dacastello Vini’s commitment to tradition, sustainability, and quality elevates it beyond a simple exporter, positioning it as a cultural ambassador for Italy’s rich wine heritage.

About Luxuri

Luxuri is a leading lifestyle media brand dedicated to showcasing the best in mid to high-end products and services. Through our stylish magazine, real-time news website, and strategic digital marketing offerings, we connect readers with expert insights into luxury living. From fashion and beauty to travel, health, and beyond, Luxuri guides discerning audiences toward a life well-lived, enriched by authentic quality and refined taste.

About the Luxuri Awards

The Luxuri Awards celebrate excellence, innovation, and impactful leadership across the luxury spectrum. Our rigorous nomination and evaluation process highlights trail blazers in fashion, beauty, wellness, travel, hospitality, fine beverages, automotive, real estate, and more. By recognizing both established icons and emerging talents, the Luxuri Awards pay homage to the visionaries who shape the future of luxury, inspiring our global audience to embrace the extraordinary.

Media Contact:

For more information about Luxuri, our Q4 edition, and the 2024 Luxuri Award winners, please visit www.luxurimag.com/magazine

 

Brand Details

1.     Website link: www.luxurimag.com

2.     Company name: Luxuri

3.     Contact person: James Winslow

4.     Country: UK

5.     City: London

6.     Email: info@luxurimag.com

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FDI Insider Unveils Q4 Edition and Celebrates 2024 Award Winners

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FDI Insider, the leading digital publication and global news platform dedicated to foreign direct investment insights and cross-border economic activities, is proud to announce the release of the FDI Insider Magazine Q4 edition.

This quarter’s edition delves into critical global shifts and sector-specific milestones:

  • Renewable Energy in Latin America: Uncovers investment surges transforming the region’s sustainable infrastructure.
  • Dynamic Geographies: Highlights India’s semiconductor ambitions, Vietnam’s electronics manufacturing leadership, South Korea’s hydrogen economy advances, and Saudi Arabia’s Vision 2030, each demonstrating how strategic policymaking and targeted FDI can catalyze new growth trajectories.
  • Policy and Market Dynamics: Analyzes U.S.-China trade tensions, evolving manufacturing ecosystems in Southeast Asia, regulatory frameworks around AI, and how forward-thinking IPAs, venture firms, and governments shape the global investment environment.

Q4 Award Winners: Setting the Standard for Global Excellence

The FDI Insider Awards Programme recognizes organizations and leaders who embody innovation, strategic foresight, and sustained influence in their respective markets. The Q4 2024 winners are not merely addressing today’s challenges; they are charting new paths for investment, development, and international collaboration. Each of the winners featured in this edition has showcased a transformative approach—whether through technology, capital solutions, simulated learning environments, or by enhancing supply chains and digital presences. Their accomplishments illuminate the evolving landscape of FDI and underscore the critical importance of adaptability, integrity, and customer-centric innovation.

Liongard – MSP Software Solution of the Year – USA 2024

For revolutionizing managed service provider (MSP) operations through comprehensive visibility and automation, Liongard empowers businesses to streamline IT management with unparalleled precision and reliability.

Redhat Capital – Fixed Income Bond Solutions of the Year – UK 2024

Renowned for its transparency, agility, and rigorous due diligence, Redhat Capital redefines fixed income investing, offering expertly crafted bond solutions that instill confidence and enhance portfolio performance for investors worldwide.

Funding Pips – Simulated Trading Evaluator of the Year – UAE 2024

A game-changer in financial innovation, Funding Pips provides cutting-edge simulated trading environments, enabling traders to refine strategies and improve decision-making while mitigating risk in an ever-evolving global market.

Flipcost – Affordable Products E-Commerce Platform of the Year

Flipcost’s dynamic platform disrupts traditional procurement with its accessible e-commerce solutions, bridging gaps between consumers, businesses, and suppliers, and fostering inclusive growth in the global retail landscape.

UCRAFT – Online Brand Development Platform of the Year – USA 2024

UCRAFT democratizes brand-building, offering intuitive tools that empower entrepreneurs, small businesses, and global enterprises to craft, refine, and scale their digital presence with ease and creativity.

Wetag Consulting – Boutique Real Estate Brokerage of the Year – Switzerland 2024

With its bespoke approach, Wetag Consulting leverages deep market expertise and personalized strategies, elevating the luxury real estate experience in Switzerland and attracting discerning investors worldwide.

Hoory – AI Customer Support Assistant of the Year – USA 2024

Hoory’s AI-driven solutions transform the customer service paradigm, delivering seamless, human-like support that enhances user experiences and drives efficiency across a global range of industries and verticals.

About FDI Insider

FDI Insider is a premier digital publication and news platform dedicated to delivering authoritative insights into global inflow and outflow activities. Covering BFSI, Real Estate, Technology, Energy, IPAs, Manufacturing, Agriculture, Healthcare, Retail, Logistics, Legal, Natural Resources, Tourism, Telecommunications, Insurance, and more, FDI Insider examines the interconnected factors—politics, education, e-commerce—that shape the global economic environment. Our mission is to inform, inspire, and empower investors, policymakers, and professionals worldwide with cutting-edge analysis and expert commentary.

About the FDI Insider Awards Programme

The FDI Insider Awards honor the trailblazers steering global economic momentum, spotlighting outstanding achievements across key industries. Our rigorous, data-driven selection process ensures each award reflects credible excellence, supported by insights from a robust network of industry experts, media partners, and verified public sources. The awards serve as both recognition and inspiration, celebrating those who chart the course of global development and catalyze sustainable growth.

Media Contact:

For more information about FDI Insider, our Q4 edition, and the Q4 2024 award winners, please visit www.fdiinsider.com/magazine

Brand Details

1.     Website link: www.fdiinsider.com

2.     Company name: FDI Insider

3.     Contact person: James Winslow

4.     Country: UK

5.     City: London

6.     Email: info@fdiinsider.com

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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