Decentralized Identity on Metaverse DNA Platform

in #dualchain5 years ago (edited)

1.png

Dualchian Network Architecture (DNA) is a combination of a decentralized, censorship-resistant architecture and a scalable, fast architecture, and programmable. It is a standard shift for the industry. It is aimed at addressing specific issues. It is present in modern blockchains. DNA introduces an innovative and faster blockchain. It runs parallel to the original main net. It is designed to manage high transaction volumes on a per-second basis. A dual chain structure ensures scalability and decentralization. It takes advantage of the benefits of different consensus algorithm. It also ensures far greater interoperability. It is done because when the protocol is adopted on other blockchains.

Affect of Multiple Consensus and Node Structure

Multiple consensus algorithms increases the cost of attacking the network interoperability in the Dualchain structure. It also adds the complexity of attempting an attack. It gives more than one consensus simultaneously. Three different node types with different functions are provided by DNA architecture. These are child nodes (unlimited), Regular Nodes (529), and Super Nodes (23). Staking power of the Child Nodes are delegated to regular nodes, then nodes of the blockchain ledger are maintained by Regular Nodes. They receive DNA tokens as block rewards. It distributes them to Child Nodes. The 529 Regular Nodes elect supernodes. It is accountable for the decisions they make. On Request for Changes, Improvement Proposals, and other major decisions, 23 supernodes make decisions.

3.png

All nodes can receive the newly minted DNA tokens and transaction fees as block rewards. They can also participate in the staking process. In the span of 10 days, the Metaverse DNA team partook in key conferences. These were comprised of 4 stoops in China alongside numerous dinner gatherings with Metaverse supporters. We engage and communicate directly with the communicates and end-users. We always take feedback, and it helps us to improve our product.

Our team visited different cities such as Henan Province, Shijiazhuang in Hebei province, Hefei in Anhui Province, and Shanghai. A total of more than 1000 enthusiasts and supporters came out in throughout these events. They received a heartwarming receptionist throughout the tour. Metaverse DNA showed up the key community organizers in these cities. They welcomed us with open arms. The Metaverse team composed of an accomplished digital identity expert. These are writers of many books and articles regarding the future of technology. These are the Global Strategy Advisor for Metaverse DNA.

6.jpg

Organizers and community leaders of Metaverse always use stage to share his thoughts on data, privacy, and identity. Current opportunities and problems with big data are always mentioned by DNA Metaverse. It includes the trillion-dollar opportunity that does not belong to the users. These users provide the data. Decentralized identities are really harder to hack or steal as compared to centralized identities. Because it requires more work to steal. Decentralized identity relates to the privatization of identity. A decentralized identity holds the private keys. These keys can access his or her data. Corporations and other individuals are able to access the data. Countries are exploring digitization, such as China, of their own fiat currencies.

Here is all information of the company

Website Link: https://mvsdna.com/
Facebook Link: https://www.facebook.com/MVSDNA
Twitter Link: https://twitter.com/mvsdna
Telegram Link: https://t.me/mvsdna
Whitepaper:https://mvsdna.com/MVS%20Dualchain%20White%20Paper.pdf
BitcoinTalk User: GraduateMagnet452
BitcoinTalk Profile link: https://bitcointalk.org/index.php?action=profile;u=2287906
Ethereum Wallet: 0x110a0D6b7dac7Ea343aa782707E6FC5e86F348ED
Telegram User: @NazmulSagor