DNA Metaverse
Blockchain technology has gotten to the level in which the whole world cannot do without it. We have discovered that this technology is making the news headline everyday which symbolizes global and rapid adoption of this technology. But despite the greatness and potential of this technology, there are still some things that needed to be improved upon its use. We have several and different blockchain network such as bitcoin blockchain, ethereum blockchain, eos blockchain, tron blockchain and some other more. The level of difficulties associated with each of this blockchain network varies based on the type of blockchain. We have some blockchain that are more cumbersome and difficult to use than some others, we also have some that easy to use but they are lacking some other qualities. Let’s take for example the speed of transaction which is solely dependent on the nature of blockchain transaction. Some transactions do take several hours before it could be confirmed on the blockchain network, some blockchain also charges high transaction and mining fees. This is the reason why a new team has gathered around to rectify this problem by launching a new blockchain project known as DNA
DNA - Dualchain Network Architecture is a combination of a decentralized, censorship resistant architecture and a scalable, programmable, fast architecture.
Additionally, Metaverse is a blockchain-based project that is far superior to ordinary Blockchain projects, both in design and operation. The Metaverse project is more focused on creating a foundation that is based on great values for various systems that want to adopt Blockchain technology.
Seeing that the world has become digital, Metaverse intends to help the general public transition to this new era by utilizing digital assets and digital identity as the main sequence in conducting transactions. In this way, various types of blockchain will be created, which gives more value to users, globally.
To achieve this, Metaverse is designed with BISC (Built-in Smart Contract) which is designed to provide digital assets called Metaverse Smart Tokens (MST), Digital Identity and even Oracle, as intermediaries for value-added operations.
Impending Challenges
Scalability issues which arise from its inability to be improved after development.
Absence of interoperability, which is the inability for the blockchain to transfer data to other systems.
Security flaws which arises from inefficient performance and design.
Slow speed of operations which makes it difficult for the blockchain to process multiple transactions at a fast pace.
The Features
How It Works?
Dual Network Architecture
It is important to point out that the Metaverse DNA platform got its “DNA” derivative from the phrase, “Dualchain Network Architecture”. That further gives more credence to the fact that the platform has all it takes to achieve all it has in place. It is also possible because dualchain network architecture will make it easier for the platform (Metaverse DNA) to switch to the corresponding architecture in the event that the one it is working with fails to meet up to expectations.
Besides, the dualchain formulation is the first of its kind because it makes it possible for the platform’s users to be able to enjoy those features they have been yearning for in blockchain-based platforms. From maximum decentralization to security and down to a programmable, fast, and censorship resistant architecture, it is obvious that the Metaverse DNA can be the perfect blockchain platform you will ever need to get the most out of the Distributed Ledger Technology (the blockchain technology).
In addition, it is now easier to attain more scalability. It is possible because the Metaverse Dualchain Network Architecture (DNA) has an innovative yet faster blockchain network, which runs at the same pace with the original Main Network (Mainnet). The outcome is that transactions from one chain network can be migrated or shifted to the other chain to be completed in the event that the previous chain network encountered some lapses.
Second, the dualchain feature makes it possible to get the most out of scalability and decentralization. That can be done by using the properties of the different consensus algorithms on the platform to facilitate interoperable chain networks, especially when the Metaverse DNA protocol is integrated into other blockchain networks.
Usage of Three Nodes
Metaverse DNA is working hard to ensure that nothing is left behind as it strives to become one of the leading interoperable and secured blockchain networks. It has taken steps to that regard by launching a three node structure, which comprises three different nodes that can be used to facilitate transactions.
First, the Child Node, which is regarded as the primary node, is expected to delegate all the powers and working infrastructures in its custody to the next node after it – the Regular Node.
When the staking power of the Child Node is transmitted to the Regular Nodes, the latter (the Regular Nodes) will then take advantage of the same to maintain all the full nodes on the blockchain ledger. That way, it will be difficult to remove any of the nodes or use them for malicious purposes. Regular Nodes are also mandated to receive the DNA tokens as block rewards. Such block rewards, when received, are share between the Regular Nodes and the Child Nodes.
The third node is the Super Nodes. As the name signifies, it is designed to be the leading and overall node on the Metaverse DNA platform. Super Nodes will be elected using the 529 nodes on the Regular Nodes. It is then after the election that Super Nodes can start making decisions and accounting for the same, including making proposals for improvements, and requesting for some changes in the broader Metaverse DNA platform.
The Benefits
When using two blockchain chains at once within a single ecosystem, DNA Metaverse is able to show us all the best conditions for implementing any of the transactions.
While maintaining a decentralized payment architecture, low Commission and transaction security.
A specially developed BISC smart contract intends to support the entire fundamental structure of DNA Metaverse. The main task of which will be to confirm and implement all digital transactions using the internal token of the MST system. But this is not all the advantages of DNA Metaverse.
This system can easily accept other decentralized applications into its ranks, which can also easily use all the available DNA Metaverse tools for the development of their structure. Which I think is also very good.
The DNA Token
ROADMAP
For more information, please visit:
WEBSITE: http://mvsdna.com/
DNA WHITEPAPER: http://mvsdna.com/MVS%20Dualchain%20White%20Paper.pdf
METAVERSE WHITEPAPER: http://mvsdna.com/Metaverse-Whitepaper.pdf
TELEGRAM: https://t.me/mvsdna
BITCOINTALK: https://bitcointalk.org/index.php?topic=5202850.0
FACEBOOK: https://www.facebook.com/MVSDNA
TWITTER: https://twitter.com/mvsdna
MEDIUM: https://medium.com/metaverse-blockchain
Author : Maniecool
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1692995