Bitcoin is a highly decentralized cryptocurrency. It facilitates its users with seven transactions per second and 1 million bytes per second. Private chains maintain 2 to 4 nodes. It able them to achieve a million transactions per second. It gives a great deal of storage devices. It is the best-federated database. It is not a real blockchain, so it is neither decentralized nor censorship-resistant. Metaverse Dual Chain Network Architecture (DNA) delivers a next-generation secure, decentralized, scalable, and interoperable dual chain protocol.
Above mentioned chains comprise on two extremes. EOS is balanced at 21 nodes and tens of thousands of TPS. In this way, it becomes more faster than Bitcoin and Ethereum. It maintains a certain degree of decentralization. We can see many thousands of nodes in Bitcoin and Ethereum.
Advanced Features
DNA prebuilt lightning channels. These features are prebuilt between 23 Super Nodes and 529 Regular Nodes. Participants will enjoy lightning-fast transactions and minimal fees when they contain an open channel within these nodes. Regardless of token holding and technical experience, the DPoS consensus algorithm allows all users that they can participate in network security. Their staking powers can be delegated through an unlimited number of Child Nodes. It can receive a fair portion of block rewards in return.
Scalability becomes a central concern of Bitcoin and blockchain. It becomes more broadly. Bitcoin has passed through many changes, forks, and add-ons. Casper (a deposit-based security and authentication) is tried by Ethereum. Sharding or DAG provides temporary based scalability solutions. All of these are tweaking the balance between decentralization and scalability. It is just like a similar fashion to EOS.
The community governs the DNA chain. It rewards all participants for their roles in the network. It is just as supernodes, regular nodes, and child nodes.
Blockchain acts as an isolated island. Digital assets, digital identities, data, messages, and smart contracts on the one blockchain are not able to interact with other blockchains. Private chains lack transparency. It cannot be audited through an independent third party. So, this lack of interoperability hinders adoption and the technology’s progress. It shows a great improvement that is exclusive for one blockchain. So, these decentralized applications cannot run across other blockchains by using different protocols.
Metaverse has switched to algorithms. It is a combination of POW and POS. It significantly increases the cost of malicious attacks. It ensures far greater security. That’s why ETH also plans to switch to algorithms. Through the Bitshares Project, Daniel Larimer introduced the DPOS (delegated proof-of-stake). It operates on 21 master nodes. EOS project also develops DPOS into its system. EOS achieves thousands of transactions per second because it sacrificed the decentralization and censorship resistance. These are the most celebrated features of the blockchain. If we give necessary tradeoffs in each consensus algorithm, this combination of two or more provides an opportunity to address the flaws in consensus alone. It maximizes the performance in the trilemma, such as decentralization, security, and scalability. Metaverse DNA was able to communicate directly with the end-users and communities.
Company details
Web Link: https://mvsdna.com/
Twitter : https://twitter.com/mvsdna
FB Link: https://www.facebook.com/MVSDNA
Whitepaper Link: https://mvsdna.com/MVS%20Dualchain%20White%20Paper.pdf
Telegram : https://t.me/mvsdna
Author details
Bitcoin User: ScoutRange520
Bitcoin Profile: https://bitcointalk.org/index.php?action=profile;u=2286349
Ethereum Wallet: 0x4B925090D566b8860ea107E97eb3180B574651a7
TG User: @MOSTAFIZUR01
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