As a part of its technique to place itself on the forefront of the ZK Rollup-as-a-Service motion, Opside has introduced that it’s taken the choice to rebrand itself as “Lumoz”, which is a play on the Latin phrase “Lumos”, which means mild or brightness.
In a weblog publish on HackerNoon asserting the change, the Lumoz group defined that they’ve moved a good distance from their preliminary concentrate on offering a platform for builders to construct and run scalable ZK Rollup networks for his or her dApps. The challenge has since grown to embody a whole ecosystem round Rollapp expertise, including quite a few options to facilitate simple deployment and launching varied initiatives to popularize the expertise.
So, provided that the unique identify “Opside” was a play on the phrase “Operator”, and that Lumoz is now way more than simply an operator, the timing of the rebranding makes a whole lot of sense, the group mentioned. Add to that, they talked about that the change may even assist to take away confusion, as many individuals have incorrectly assumed that the group is engaged on “Optimistic Rollups”, versus ZK Rollups.
Lightspeed Progress
Lumoz is an applicable identify contemplating it has made such fast progress this yr. The challenge solely launched in 2022 with the mission of accelerating the adoption of ZK-Rollup expertise and making it extra accessible and user-friendly. Its ZKRaaS providing supplies a straightforward method for builders to create personalized zkEVM utility chains atop of Layer-1 blockchains that use ZK Rollups to scale their dApps.
Lumoz managed to get its preliminary, pre-Alpha incentivized testnet up and working in double-quick time, launching on the finish of Could to allow practical, one-click deployment of zkEVM utility chains. It has additionally launched the ZK-Rollup Launchbase, which makes it potential to effortlessly deploy various kinds of ZK-Rollups onto completely different base chains. It has additionally added assist for Ethereum, BSC, and Polygon testnets, and developed modular parts similar to DA/shared sequencers.
That astonishing progress has been matched by some spectacular progress, with Lumoz now counting over 240,000 customers, 25,000-odd validators, and greater than 100 miners all contributing to its community, whereas greater than 15 personalized zkEVM utility chains are deployed.
Certainly one of its most up-to-date bulletins noticed it launch the Decentralized Prover Community, permitting it to offer the underlying computational sources for ZKP computations, enabling the initiatives constructing on its platform to focus solely on their very own operations. On this method, it has considerably diminished the working prices for groups hoping to implement ZK-Rollup expertise.
One other key growth was the introduction of Lumoz’s ZKP two-step algorithm, which diminished the minimal CPU and GPU necessities for community miners, who’re incentivized to offer this computational energy to Lumoz. Trying ahead, Lumoz mentioned it can try to additional optimize its algorithm with a purpose to encourage extra miners to assist its community.
What’s Subsequent For Lumoz?
The rest of 2023 guarantees to be a frenetic time for anybody concerned within the challenge, because it has detailed a number of new targets on its milestone. Earlier than the yr is out, it plans so as to add enhanced performance to the ZK-Rollup Launchbase platform that was launched just some months in the past. Lumoz defined that the platform solely actually supplies essentially the most fundamental performance for builders, and it intends to rework it into one thing way more complete, with the addition of extra modular parts on the prime of its to-do checklist.
Additional ecosystem growth is on the menu too, with Lumoz stating it plans so as to add assist for the Scroll, StarkNet, and different networks earlier than the yr is out.
Then there are plans in retailer to develop its ecosystem, which at present numbers nearly 100 completely different crypto initiatives throughout segments similar to NFTs, GameFi, and DeFi. Lumoz’s group promised it can proceed to actively search new alternatives to collaborate with high-quality initiatives. As all the time, the aim with these collaborations is to assist initiatives scale their dApps and develop their person bases to speed up ZK-Rollups adoption.
Lumoz may even proceed to ensure its voice is heard throughout the wider crypto group with its ongoing participation in key occasions, hackathons, workshops, and extra.