Review DNA — Dualchain Network Architecture (DNA) by Metaverse

Tran Mr
3 min readFeb 27, 2020

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Hello today I will introduce you to DNA — Dual chain Network Architecture (DNA) by Metaverse. Let me briefly tell you about DNA, so DNA is a pioneering public blockchain built to solve for three of the major pain-points in blockchain technology — scalability, security, and true decentralization. The Dualchain Network Architecture, or DNA, is a chain that runs in parallel to the original Metaverse ETP chain to facilitate higher transaction speeds and enable the use of Lightning channels. Inspired by the layered design of the internet, the DNA Dualchain focuses not on solving the blockchain trilemma in a single monolithic protocol, but instead by introducing two separate layers for performance and interoperability.

“For those of you who don’t know Metaverse is a decentralized Blockchain platform in the field of digital assets, digital identifiers and oracle. Metaverse was founded by ViewFin Corp in 2016 and officially launched in 2017.”

DNA

DNA consists of 5 Components:

Blockchains today exist as isolated islands: digital assets, digital identities, data, messages and smart contracts on one blockchain ecosystem aren’t able to communicate or interact with other blockchains. Private chains and consortium chains generally lack transparency, and as such cannot be audited by any independent third party.

This lack of interoperability hinders adoption and the technology’s progress, as any great improvement will generally be exclusive to one blockchain, and decentralized applications cannot be run across blockchains with different protocols.

  • Performance: The DNA chain delivers an exponentially faster throughput with greater transactions-per-second, providing a platform for powerful smart contracts and decentralized applications without bottlenecks, congestion or skyrocketing fees.
  • Identity: The Metaverse Avatar is an on-chain digital identity, capable of owning assets and participating in smart contracts or decentralized exchange. Unlike identity data storage in traditional systems, the Metaverse Avatar only reveals information when authorized by the user.
  • Interoperability: DNA is designed as a standard, to be employed on other public blockchains seeking to benefit from the scalability it offers. That standardization brings with it the potential for cross-chain dApp support and enhanced developer cooperation.
  • Security: The DNA chain uses a purpose-built delegated proof-of-stake consensus mechanism, in combination with the Metaverse basechain’s hybrid model. This radically increases complexity for would-be attackers while rewarding honest participants.
  • Oracles: Real-world data is brought on-chain by decentralized intermediary oracles. Whether market prices, sport results or the status of a shipment, oracles deliver information that makes smart contracts truly smart.

GOVERNANCE:

The DNA chain is governed entirely by the community,
rewarding all participants for their roles in the network.

  • Super Nodes: Super Nodes are elected or replaced by consensus among Regular Nodes and make decisions on any protocol change to the DNA blockchain.
  • Regular Nodes: Regular Nodes keep full copies of the Metaverse and DNA blockchains, and validate blocks to earn rewards. They can accept delegations from Child Nodes and return their proportion of rewards.
  • Child Nodes: Child Nodes do not need to maintain full copies of the blockchain, and can delegate their staking power to Regular Nodes to generate rewards.

Some partners of DNA and RoadMap

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Author: phuongyeuduong111

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