The price of Metaverse DNA (DNA) has increased to $ 0.00000608 over the last 24 hours. The cryptocurrency market can be quite volatile, and prices may fluctuate frequently. It's essential to keep up-to-date with live market data for the latest price movements.
Metaverse DNA, or simply DNA, is a cryptocurrency that serves as part of the Metaverse Dualchain Network Architecture. This innovative blockchain design aims to solve the so-called impossible trinity of scalability, security, and decentralization by creating a dual-chain system. Metaverse DNA focuses on providing high-speed transactions and enhanced security, aiming to bolster the utility and the performance of the Metaverse ecosystem.
Metaverse DNA was launched on September 9, 2019. Since its inception, it has been working towards establishing a parallel chain in conjunction with Metaverse's original blockchain (ETP) in order to offer a powerful, innovative blend of technological capabilities.
Metaverse DNA works by implementing a dual-chain structure. This includes the Metaverse blockchain, known for its robust security and the new DNA chain, which prioritizes high-speed transactions and efficient performance. The value proposition is that users can enjoy the best of both worlds – the reliability of the original Metaverse and the agility of DNA. This dual-chain strategy is designed to facilitate seamless asset registration, transfer, and the creation of decentralized applications.
Metaverse DNA's unique dualchain network architecture sets it apart by tackling the impossible trinity in blockchain. The impossible trinity refers to the challenge of achieving high security, decentralization, and scalability all at once. DNA's approach to parallel cross-chain structures allows for more efficient resource usage, and can potentially lead to faster transaction times without compromising the network's integrity or its decentralized nature.
The specific security mechanisms of Metaverse DNA aren't detailed here, but typically for blockchain networks, security is achieved through a consensus mechanism that prevents fraud and ensures all transactions are verified and agreed upon by the network participants. With Metaverse DNA’s dualchain structure, it's likely that security features are implemented on both chains to maintain the integrity and security of the network.
Metaverse DNA claims to incorporate industry-leading speed by using a parallel cross-chain structure, which is designed to manage concurrent transactions effectively. The DNA chain specifically is tailored for speed, suggesting that it may employ mechanisms such as higher transaction capacity or faster block generation than traditional blockchain structures. This could relate to how quickly transactions are confirmed on the network.
As of now, Metaverse DNA holds the market cap rank of #1 in the cryptocurrency market, with a market capitalization of $ . The circulating supply of DNA tokens is currently at , indicating the number of tokens that are currently available for trading in the market.
Metaverse DNA has a total supply of 100.0B tokens. However, the circulating supply may be different, as not all tokens are released to the public at once. The trading volume over the last 24 hours for DNA has been 35.3K, indicating the amount of the cryptocurrency that has been bought and sold on exchanges during that timeframe.
Metaverse DNA (DNA) can be purchased on the Hotbit, Bibox, Bittrex. These are the current exchanges that list DNA for trading. When looking to buy any cryptocurrency, it's crucial to use a reputable exchange, and to follow all necessary security protocols to keep your investments safe.
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