FAQ
DND
What is DND?
DND brings EVM-compatible programmability and native cross-chain communication with DND using an innovative consensus of Proof of Authority(PoA)
Why is DND designed as a separate chain from DND?
The execution of a Smart Contract may slow down the exchange function and add non-deterministic factors to trading. Even if that compromise could be tolerated, it might be a straightforward idea to introduce a new Virtual Machine specification based on Tendermint, based on the current underlying consensus protocol and major RPC implementation of DND. But all these will increase the learning requirements for all existing dApp communities, and will not be very welcomed.
How does DND work? What is the architecture and consensus used?
DND relies on a system with Proof of Authority (PoA) consensus that can support short block time and lower fees.
There will be fewer validators on DND testnet.
Can you tell more about Proof of Staked Authority(PoSA)? What is it?
PoSA is a combination of PoA and PoS. Blocks are produced by a limited set of validators, they are elected in and out based on a staking based governance. Validators take turns to produce blocks in a PoA manner
What are the benefits for developers to build on DND?
EVM-compatible: DND supports all the existing Ethereum tooling Fast block time, cheaper cost
Native cross-chain trasfer & communication: DND DEX remains a liquid venue of exchange of assets on DND and DND"
What are the benefits for developers to build on DND?
DND opens the gate for users to take advantage of the fast transferring and trading
What make DND different?
Key Innovations:
Proof-of-authority Consensus
Native Cross-Chain Communication
Expand the use cases of DND token
DND is EVM-compatible. What does that mean?
EVM means Ethereum Virtual Machine. Any smart-contract written to run in EVM can be easily ported to DND.
Can developers make hybrid Dapps using both DND and DND in one single Dapp?
Yes, with the help of native cross-chain functions
DND Ecosystem
How is DND Ecosystem?
https://github.com/dyno-protocol/githubrepo
How to Send and Receive DND on Smart Chain?
DND.com can withdraw DND to TC.
If you don't have an existing address of DND, please use these wallets to create one.
On your DND account, open your DND wallet then tap on Withdraw. Select DND20 as the Network. Indicate the amount and paste your DND address.
Complete the steps to withdraw
Wait for the exchange to process your request. Once it is confirmed, you will immediately receive DND to your Smart Chain address.
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