whatisduality

What is Duality?

Duality provides businesses and institutions with exceptionally secure data storage, validation, and verification.

Unlike conventional data services, products use blockchain technology, offering the outstanding benefits of distributed computing.

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Reliable

With no servers, applications/systems never go down.

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Secure

Data breaches are virtually impossible and immediately traceable.

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Low Cost

Eliminates the need to pay trusted third parties to host your data.

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Scalable

Blockchain and distributed computing support an indefinitely large amount of data.

How do we use blockchain?

Our data storage and management products are supported by the blockchains Dynamic and Sequence.

They help to store and verify data automatically via a secure shared ledger. Dynamic and Sequence reduce resource requirements, maintenance and the need to employ trusted third parties.

whatisduality

Infrastructure

Solutions

Industries

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Business Services

Connecting multiple parties privately and securely, minimizing opportunities for errors, and saving time and costs associated with third parties.

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Security

Providing outstanding security, transparency for consumers, better services and fast peer-to-peer transfers.

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Supply Chain

Preventing counterfeit products and tainted supply chains, while providing damage detection and accurate tracking.

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Healthcare

Improving healthcare records storage and management, and ensuring correct patient identification.

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Education

Exceptionally reliable student records storage and management, with secure, easy transmission between affiliated schools and colleges.

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Legal

Helping law professionals and individuals draft contracts, securely record transactions and verify legal documents.

About Duality

Our international team includes technologists working at the leading-edge of the blockchain movement, and business software experts enthusiastic about bringing the benefits of this new technology to mainstream organizations.

Researched and developed with the needs of commercial enterprises and public entities in mind, Duality’s suite of integrated products directly replaces conventional business software. We are also bringing to market entirely new solutions made possible by the unique capabilities of blockchain technology.

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Frequently asked questions

Duality provides low-cost solutions for secure data storage, verification and validation through the use of a hybrid public/private network. Data is stored securely and verified automatically via a shared ledger, supported by the two blockchains Sequence(SEQ) and Dynamic(DYN). This reduces resource requirements, maintenance and the need for third-parties.

Go to our platform and click on 'Register' on the top right. Follow the instructions accordingly. For more information with regard to our KYC policy, please visit this link

Please contact support by sending an email to support

Combining the usage of both blockchains creates a more efficient and secure system. Dynamic uses a PoW (Proof of Work) consensus algorithm and a second layer of Dynodes in order to validate blocks and transactions, while Sequence uses a PoS (Proof of Stake) consensus algorithm to secure its blockchain, providing data redundancy of BDAP entries and checkpoint timestamps for Dynamic.

BDAP (Blockchain Directory Access Protocol) is a drop-in replacement of LDAP (Lightweight Directory Access Protocol) and other traditional database access systems. This revolutionary product has outstanding benefits for organizations, offering maximum security and access-control for minimal resourcing and costs.

Duality provides BaaS (Blockchain as a Service) allowing businesses to use blockchain technology and develop applications. Removing the responsibility of setup, hosting, administration, and subsequently saving time and costs.

NoID connects a secure, irreversible biometric hash algorithm to healthcare records, ensuring accurate patient identification with the potential to save lives.

With unbeatable security, high speeds and low costs, pShare is the only option for individuals or organizations looking for a private peer-to-peer file and folder sharing application.

pSign is a superior digital document signing and workflow management application, bundled with templates, libraries and supporting full automation.

Dynamic uses the scalable Argon2d algorithm which is specifically designed to be highly secure due to being memory intensive.

Dynamic uses Digishield V3 to retarget the difficulty of mining as more miners join or as miners leave. This has been chosen at it produced the most balanced results in terms of retargeting and protects against multi-pools.

Digishield V3 retargets the difficulty of mining each block.

It takes a total of 10 blocks after the transfer is sent for it to fully confirm on the Dynamic blockchain.

Currently the reward rate is 1 Dynamic but can be controlled via the use of the Fluid Protocol, which would change the reward within 2 blocks.

Dynamic can be mined by using your CPU or GPU. Simply download Dynamic and once fully synced with the network you can select the "Mining" tab and start mining with your CPU. If you wish to mine using your GPU, select either the standalone AMD or Nvidia GPU Miner from downloads depending on the manufacturer of your graphics card.

Dynodes are enabled by assigning 1000 DYN to a specific address and “locking” them, making them unspendable while running a Dynode. Each Dynode is rewarded a static amount of Dynamic (DYN) during the time it is enabled and active. This yields a consistent amount that are rewarded versus mining Dynamic, which would require more costly hardware in order to mine blocks and receive rewards, also mining does not guarantee a steady yield percentage.

The number of Dynodes can be seen by utilizing the 'dynode count' RPC command in the CLI or Qt version of Dynamic, and via the 'Information' tab in the 'Tools window' of the Qt version. The block explorer also lists the number of Dynodes.

To run a Dynode you require exactly 1000 Dynamic.

We try to keep the reward rate above 14.6% per annum. As the amount of Dynamic in circulation increases Duality will amend reward rates to keep the ROI in check.

The reward time of incoming Dynode rewards will fluctuate based on the number of Dynodes on the network. Given that the Dynode rewards are distributed with each mined block of Dynamic, we can estimate the approximate reward time by dividing the number of enabled Dynodes by the blocks produced daily, which is 675. This will yield the approximate number of days per incoming reward, e.g. 2000 Dynodes / 675 Blocks a day results in a reward approximately every 3 days. Please take into account that new Dynodes will take around 3 further days to receive their initial reward on top of the time calculated using the above formula.

To start your Dynode you must wait for your collateral transfer of 1000 DYN to have 17 confirmations.

To setup a Dynode you can either follow our Dynode Setup Guide, if you are having issues come and join our Discord where we will be happy to assist.

The minimum transfer fee is 0.0001 Dynamic.

The size of a block on the Dynamic blockchain is a maximum of 4MB.

The total number of Dynamic that could end up in circulation after millennia is 263-1 or in other terms 9,223,372,036,854,775,806.

Fluid allows Duality to make crucial changes within minutes to blockchain parameters, without the need for users to change the software they are using or interrupt the network.

Sequence uses Blake2b, which has been adopted by many projects due to its high speed, security, and simplicity. Blake2b is optimized for 64-bit platforms—including NEON-enabled ARMs.

The difficulty retarget algorithm of Sequence is based upon that of Bitcoins and does not have a specific name as such. It provides balanced retargeting to the stake mining difficulty.

The staking difficulty retargets every 10 blocks.

It takes a total of 10 blocks after the transfer is sent for it to fully confirm on the Sequence blockchain.

The reward rate is 2 Sequence per block.

Proof-of-Stake (PoS) is a type of consensus algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. In Proof-of-Work (PoS) based cryptocurrencies, the creator of the next block is chosen via various combinations of random selection and wealth or age (i.e. the stake). In contrast, the algorithm of Proof-of-Work based cryptocurrencies such as Dynamic use PoW mining; that is, the solving of a computationally intensive cryptographic problem which allows a node to find the valid result for a given difficulty. This validates transactions by accepting them into newly created blocks.

Leave Sequence online unlocked or unlocked for staking only.

You can choose to stake as much as you wish, however, the more Sequence you have, the higher your chance of receiving a PoS (Proof-of-Stake) reward. We suggest to have a minimum of 1000 Sequence.

This depends on your stake weight. Take into consideration that there are about 45mm Sequence in circulation and about 1350 blocks created each day.

To configure Sequence to stake optimally it is advised to follow our Sequence Staking Guide, if you are having issues come and join our Discord where we will be happy to assist.

The minimum transfer fee is 0.001 Sequence.

The size of a block on the Sequence blockchain is a maximum of 4MB.

The total number of Sequence (SEQ) that could end up in circulation after millennia is 263-1 or in other terms 9,223,372,036,854,775,806.

Contact

Chat with our team about how Duality can help your organization.

All rights reserved. Copyright © 2018-2019 Duality Blockchain Solutions LLC. All materials contained in this document are protected by copyright, trade secret, and/or other intellectual property laws and international treaties and may not be reproduced, published, distributed, transmitted, displayed, performed, broadcast, or otherwise exploited in any manner, in whole or in part, without the express prior written permission of Duality Blockchain Solutions LLC. This notice is not an admission that this document or any contents hereof have been published within the meaning of applicable law. The Duality, Duality BLOCKCHAIN SOLUTIONS logo, and THINK INSIDE THE BLOCK marks are trademarks or registered trademarks of Duality Blockchain Solutions LLC. Other marks are trademarks or registered trademarks of their respective owners