DNA - Dualchain Network Architecture - The Implementation of Next Generation Secure, Scalable and Interoperable Dualchain Network Architecture

STARTER INFORMATION

With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.

While this revolution is gaining wide acceptance, Dualchain Network Architecture, a combination of a decentralized, censorship resistant architecture and a scalable, programmable, fast architecture has arrived.

"Logically, a blockchain is a chain of blocks which contain specific information (database), but in a secure and genuine way that is grouped together in a network (peer-to-peer). In other words, blockchain is a combination of computers linked to each other instead of a central server, meaning that the whole network is decentralized.

To make it even simpler, the blockchain concept can be compared to work done with Google Docs. You may recall the days of tossing over doc. documents and waiting for other participants to make necessary edits. These days, with the help of Google Docs, it is possible to work on the same document simultaneously.

The blockchain technique allows digital information to be distributed, rather than copied. This distributed ledger provides transparency, trust, and data security.

Blockchain architecture is being used very broadly in the financial industry. However, these days, this technology is employed not only for cryptocurrencies, but also for record keeping, digital notary, and smart contracts."

With that being said, instead of compromising scalability for decentralization or vice versa, the Dualchain Network Architecture (DNA) introduces an innovative, faster blockchain which runs parallel to the original mainnet.

But before we go any further, please check out this video presentation to get even more acquainted

Now that I have your attention, let’s get right to it.

What exactly is DNA?

As depicted above and as indicated on the official website of 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

Be a part of this incredible project. Download the whitepaper for the full scoop.

Till next time…

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: Cryptoholical

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2487106

Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.