Metaverse DNA Technology Stack – Provides excellent performance in the future.

Metaverse is a Blockchain that enables everyone to create a digital identity (Metaverse Avatar) and register own assets on the Blockchain. These assets can either be so-called Smart Assets (MST) that have a quantity or Identifiable Tokens (MIT) that is always an indivisible entity. The main currency on Metaverse is ETP (Entropy).

Metaverse is the first public blockchain launched out of China. Metaverse has established an ecosystem of digital assets, digital identities and intermediary oracles for decentralized applications. Entropy (ETP) is Metaverse’s token and its utility covers an array of applications from measuring the value of digital assets, to being used as collateral in financial transactions and paying the fees of operating on the blockchain. ETP can be transferred and traded on Metaverse and will be an important factor to select future bookkeepers once Metaverse transitions to a Proof of Stake consensus protocol.

What is so unique about the Metaverse DNA solution?

None of these options have appeared to be effective ways to solve the Blockchain Trilemma. This is because all of them are thinking about the Trilemma on one single layer. Yet, at the end of the day, doing so is repeating the problem rather than solving it.

The key to solving the Trilemma lies in consensus mechanism. Simply put, they are protocols that make sure all nodes are synchronised with each other and agree on which transactions are legitimate and are added to the blockchain.

To this end, Metaverse has developed a dual-chain architect: the Dualchain Network Architecture. DNA is a new and much faster blockchain parallel to the existing Metaverse chain, thatuses 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.

How does the DNA chain interact with the Metaverse Blockchain?

The Metaverse mainnet, a hybrid PoW and PoS protocol, serves as DNA’s base chain. In other words, DNA is built on top of the Metaverse blockchain. It’s important to note however that the DNA protocol is designed as a standard, which will enable it to be used and applied across a range of other public or private blockchains. Like Lightning networks in other chains, DNA allows for a high TPS without delays on the main Metaverse blockchain. But unlike Lightning networks, DNA allows participants to transact without pre-establishing a dedicated payment channel. Instead, DNA features prebuilt channels between 23 Super Nodes and 529 Regular Nodes. If participants have an open channel to any one of those nodes, their transactions will be lightning fast.

Therefore, like Lightning networks, the DNA protocol operates separately to the Metaverse blockchain — facilitating payments and then communicating with the Metaverse blockchain once payment channels are closed, in order to update the blockchain.

Exchanging data between these two chains, for actions such as smart contract creation, dApps, and complex transactions, is essential. This is the impetus for Metaverse’s and the DNA protocol’s strategic partnership with KrawlCat, which enables cross-chain transactions and brings real-world data on-chain.

DNA, IMPROVING THE BLOCKCHAIN SYSTEM:

DNA (Dualchain Network Architecture), is a system created to eliminate completely, the flaws of the current blockchain system. It can be seen as a superior Blockchain, which is loaded with scalability, decentralization, great speed, and reinforced security.The Dualchain Network Architecture (DNA) is not like the regular Blockchain Network, which keeps struggling with scalability issues and congested system. With the Metaverse DNA, multiple transactions can be carried out easily, just in a matter of seconds. Its speedy operations are pretty amazing, and it employs the use of better and more sophisticated consensus algorithms to make the whole system, highly scalable.

By adopting this the system could be improved when the need arises and full decentralization is achieved. That’s not all, Metaverse DNA is built in such a way that communication of its system with other systems is achieved, without stress. This interoperability makes it possible for data to be transferred between the Dualchain Network Architecture (DNA) system and other systems.

This is indeed a great achievement by the DNA, seeing as it is a great feature that has eluded the Blockchain industry for so long. Furthermore, the DNA is designed with total flexibility, which lets it solve the different problems of the blockchain, separately and effectively.

What is KrawlCat’s role within the DNA technology stack?

Distributed ledgers are open and transparent stores of data and value, as most blockchain enthusiasts will know. In simple transactions of value, for example where Alice sends one Bitcoin to Bob, there is little in the way of transactional data attached to that trade, as it is a peer-to-peer transfer of fungible assets between two parties.

However, when different digital assets are transferred between two parties, such as a non-fungible token pegged to the price of an ounce of gold, there are very few ways to actually verify that the underlying party has the tangible assets to back that digital token. Another example would be up-to-date pricing data from world foreign exchange markets or stock prices, which by itself a solitary blockchain has no outside knowledge of.

This is where Oracle providers like KrawlCat Generalized Oracle come in. Oracles bring off-chain data, some of which we’ve described above, onto the blockchain. We could think of this as migration of web 2.0 data into a web 3.0 environment, where data becomes integrated within the decentralized ledger, and can be used to inform many different types of transactions. This makes transactions on a blockchain truly ‘trustworthy’, as participants know that their transaction data has been verified by one or more third-parties.

KrawlCat is a generalized Oracle, which allows it to communicate across different blockchain protocols for true interoperability. Between the Metaverse blockchain and the DNA blockchain, the KrawlCat protocol acts as a bridge connecting the data of the two.

Key points to remember about the DNA technology stack

The technology underpinning DNA, KrawlCat, and the Metaverse blockchain are all founded on a highly sophisticated technology stack, which is constantly evolving as the protocol matures. But what are the most important aspects to note regarding this innovative new approach to a blockchain protocol?

The defining feature of the DNA chain is that it is being built in layers. Like the layers which make up the internet, DNA is working to solve both interoperability and scalability at the same time, without compromising on the performance or integrity of either.

Equally important is the DNA protocol’s status as a blockchain standard. It’s worth remembering that once the DNA protocol’s solution grows in popularity, it can be deployed across multiple blockchains worldwide — finally solving the scalability and interoperability dilemma.

DNA token on exchange:

Users are currently able to trade DNA tokens against USDT, BTC and ETH pairings, available to trade both via RightBTC’s web-based exchange, or their iOS and Android apps.

DNA REWARDS DISTRIBUTION

We reserve up to $5,000 in DNA tokens of the project — distributed as follows:

80% of DNA bounty tokens pool ($4000) for the main bounty campaign tasks

20% of DNA bounty tokens pool ($1000) for extra short-terms contests and raffles in the frame of

this bounty program

To get more detailed information about the Metaverse project, please visit the link below:

Website: http://mvsdna.com/

Twitter: https://twitter.com/mvsdna

Facebook: https://www.facebook.com/MVSDNA

Medium: https://medium.com/metaverse-blockchain

Telegram: https://t.me/mvsdna

DNA White Paper: http://mvsdna.com/MVS%20Dualchain%20White%20Paper.pdf