Review Metaverse Dualchain Network Architecture — Next Generation Blockchain
Hello everyone,welcom to my article! Today, the development of technology is very strong with many applications around the world, in which, with the Industrial Revolution 4.0, the advent of Blockchain has brought thousands of projects with many different purposes.
First, I want to talk briefly about Blockchain! Blockchain technology is like the Internet because it has a built-in power. By storing the same information blocks on its network, blockchain cannot: be controlled by any entity. There are no missing points, only errors.
I took the time to learn about recent projects, and I discovered a good project, it’s called Metaverse DNA (Metaverse Dualchain Network Architecture).
What is DNA?
Dualchain Network Architecture (DNA) is a new and much faster blockchain parallel to the existing Metaverse chain and uses Delegated Proof-of-Stake as its consensus algorithm. DNA provides far greater transactions per second and allows for powerful smart contracts that empower newer and more complex decentralized applications (DAPPs).
The dual-chain architect allows Metaverse blockchain project resolves the Trilemma from different layers, tackling security, decentralization and scalability without sacrificing any component.
- For Bitcoin: SECURE AND DECENTRALIZED, YET UNBEARABLY SLOW
- For EOS: EOS: SECURE AND SCALABLE, BUT LACKS DECENTRALIZATION
DNA (Dualchain Network Architecture), is a system created to completely eliminate the errors of the current blockchain system. It can be considered a superior Blockchain, downloadable scalability, decentralization, high speed and enhanced security. The dual network architecture (DNA), unlike the conventional Blockchain Network, always struggles with scalability and system congestion issues. With Metaverse DNA, many transactions can be made easily, in seconds. Its quick operations are quite excellent, and it uses better and more sophisticated consensus algorithms to make the whole system highly scalable.
Introducing Metaverse Dualchain Network Architecture
Metaverse delivers multiple solutions through a single blockchain ecosystem. Metaverse’s integration with the Dualchain Network Architecture (DNA) enables a balance between scalability, security, and decentralization. Metaverse uses a second chain to achieve this, hence the name ‘Dualchain’, which runs parallel to the Metaverse blockchain using a delegated proof of stake (DPoS) consensus mechanism.
This second chain is powered by DNA tokens, which are used to support and pay fees for the advanced decentralized applications built on-chain. The DNA chain is highly scalable, with a block time of just 0.4 seconds, enabling an increase in transaction volume and by extension, higher complexity of smart contracts built on the DNA blockchain. The ‘KrawlCat Generalized Oracle’ is deployed to communicate between the ETP chain and transactions made on the much faster DNA chain.
ADVANCED FEATURES</2>
- DNA features prebuilt lightning channels between 23 Super Nodes and 529 Regular Nodes. If participants have an open channel with any of these nodes, they will enjoy lightning-fast transactions and minimal fees.
- The DPoS consensus algorithm allows all users to participate in network security regardless of token holdings and technical experience. An unlimited number of Child Nodes can delegate their staking power, and receive their fair portion of block rewards in return.
See more:
Website: https://mvsdna.com/
Telegram: https://t.me/mvsdna
Twitter: https://twitter.com/mvsdna
Proof:
Author: OnaThibault
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=2704437