Ultimate Purpose of Dualchain Metaverse

The dual chain solves the scalability issue by decentralized exchanges. It is capable of handling tens of thousands of transactions per second. Arbitrage opportunities that provide more liquidity will be sought by traders. It underwrites a new token offering through nodes and supernodes. They act as brokerages. It further derives liquidity. Derivatives like futures, options, and warrants may also be issued by Nodes and Super Nodes. Staking process distributes the generated fees by the DEX. POW is the most popular consensus algorithm today. Also, POS, DPOS, and variations of BFT algorithms are still popular in algorithm. It includes Bitcoin, BCH, Ethereum, Ethereum Classic, and many others. Bitcoin is more concerned despite its track record in security. There are projects which are experimented with different variations of POS. NXT and Peercoin are falling into that category. ETH is a combination of POW and POS, and it also plans to switch to an algorithm. It ensures greater security by saving from malicious attacks.

Countries, just like China, are moving forward to explore a digitization of its fiat currencies. Facebook and JP Morgan have planned to issue their own stablecoins. These developments lead to potential growth for blockchain. With the advent of self-driving cars, smart cities, and billions of IoT devices will be connected through 5G. So, there are plenty of rooms for this industry to grow. The metaverse DNA team is engaged in communicating directly with communities and ending users. By using their feedback, we improve our economy. Event organizers, community leaders, and supporters helped us to make events more successful. Metaverse shares his vision on decentralized finance.

Daniel Larimer initially introduced the DPOS (delegated proof-of-stake) consensus algorithm. It is shared through the Bitshares project. It operates on 21 master nodes. EOS achieves thousands of transactions per second. It gives essential tradeoff in each consensus algorithm. Dual chain Network Architecture is a combination of a decentralized, scalable, programmable, fast architecture, and censorship-resistant architecture. Dual chain understands the present issues that are present in the blockchain. Therefore, it is a paradigm shift in the industry. Innovative and faster blockchain is introduced by Dualchain Network Architecture (DNA). It manages high transaction volumes per second. It also optimizes scalability and decentralization. When the protocol is adopted on other blockchains, then it gives benefits to the different consensus algorithm. It shows far greater interoperability due to the adoption of a protocol on other blockchains. The next steps for Metaverse DNA have been shared by Metaverse founder in its events.

Metaverse focuses on multiple points to ensure more reliability for its end-users:

Metaverse has its own digital identities as similar to the real world. Metaverse uses its own identities to access services. We ensure more security because it enhances more trust in technology. Our blockchain must provide a trusted data source. Data on the chain must be real and legitimate. When blockchain is not scalable with fast TPS, then users face terrible experience. Interoperability able the blockchain to communicate with other blockchains. It elevates the whole industry and brings widespread adoption. Total users are increasing with the passage of time, which predicts the bright future of Metaverse DNA.