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Lumio Shatters Chains of Vendor Lock-In with First-Ever VM Abstraction Framework

24 July 2024 11:49, UTC

The problem of vendor lock-in has always been a bottleneck in making a supply chain seamless. The issue arises when someone is essentially compelled to use a product or service irrespective of its quality, as there are no practical possibilities left to switch away! Lumio, the first VM abstraction framework, frees the decentralized world developers of this shackle by allowing them to build applications with any VM on any chain.

Compatible with any chain, Lumio makes it easy for developers to deploy across multiple chains, including Solana and Optimism, with practically zero code change. It also maintains equivalence with most popular VMs, including SVM, parallel EVM, and MoveVM.

Lumio is currently available on Solana and Optimism with plans to deploy on more L2s and L1s.

Lumio helps developers to build with any VM on any chain. The Lumio Chain Collective refers to a set of Layer-2s on multiple chains. Since the setup is free from the necessity of code change, one can deploy across any rollup environment within the collective by writing the code once. It helps free up a lot of developer time, which is crucial for expanding the business in many other areas.

When it comes to the shared sequencers of popular L2s on Ethereum, such as Optimism, the integration of Lumio enables shared security, composability, and liquidity. On L1s that have no L2s associated with them, like Solana, Lumio is deployed as its own Layer-2.

Lumio also supports a host of virtual machines. The crucial solution that Lumio offers in this context is the removal of hard forks. Each VM operates as a module ready to be connected to the sequencer automatically. In optimizing Move VM, Lumio has eliminated various elements such as P2P, blocks, and consensus and optimized the mempool, resulting in optimized performance and achieving a space all the closer to the hardware limits.

Since each VM maintains its mempool and state, transaction executions happen almost immediately. The process involves a batcher submitting transactions to data availability and generating a mega block containing transactions from all VMs. This operation, by its virtue of being off-chain, neither slows down nor shuts down concurrent processes.

For these reasons, the Pontem Lumio network has managed to attract diverse communities worldwide, including the US, Korea, Turkey, Russia, Japan, India, and more.

Backed by the industry’s most prominent names, Pontem Lumio has already reached 25K X followers within five months. Its backers include Lightspeed, Faction, Pantera, Alumni Ventures, Aptos, Mechanism Capital, Animoca Brands, Kinetic, and Delphi Digital.