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NewsBTC 2022-03-11 18:09:31

How Can You Live In Your Own Parallel Universe?

Supported by extended reality and cryptocurrency technologies, the metaverse is where the physical and digital worlds meet. Unowned and full of potential, it’s not yet clear how the metaverse will evolve. But, one thing is certain: if millions of people are going to be digitally connected, the technologies powering the metaverse have to be scalable – and therein lies the problem. Early generation cryptocurrency architecture isn’t keeping up with increasing scalability demands. This is most evident with Ethereum, which is losing its status as the go-to solution for Metaverse-adjacent spaces like GameFi and NFTs. Ethereum’s high transaction fees and low throughput make it simply incapable of handling the demands of applications that require a huge amount of complex transactions. For the large-scale applications of the future, new solutions are needed. A Solution for Limitless Experiences Caduceus is a platform custom-built for metaverse development. Rated at an enterprise-grade 100,000 peak TPS (transactions per second), the Caduceus blockchain is thousands of times faster than Ethereum’s. Not only that, but transactions on the Caduceus network are cheap, with a minimum fee of just one-ten thousandth of a penny. This is made possible by its unique MetaverseGraph (mGraph) consensus mechanism, which uses a Directed Acyclic Graph (or “DAG”) with distributed Proof Of Stake (dPOS) creating a new type of blockchain, to process and sto...

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