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The most recent chapter in our new understanding of nonperturbative ef — String theory

"The most recent chapter in our new understanding of nonperturbative effects in string theory has been the incorporation of unstable branes and open string tachyons into the overall framework of the theory. It has turned out that an understanding of unstable D-branes is necessary to properly describe all D-branes. This is natural from the point of view of K-theory, where brane configurations which are equivalent under the annihilation of unstable branes are identified ... The long-mysterious tachyon instability of open string theory has finally been given a physical interpretation: it is the instability of the D-brane that supports the existence of open strings. The instability disappears in the tachyon vacuum, in which the D-brane decays. Moreover, the belief that D-branes are solitonic solutions of string theory has been confirmed: starting with the appropriate tachyonic field theory of unstable space-filling branes, one can describe lower dimensional D-branes as solitonic solutions. Lower dimensional D-branes are thereby essentially obtained as solitons of the tachyon field theory, so, in some sense, lower-dimensional D-branes can be thought of as being made of tachyons! It has also been shown that the physics of unstable D-branes is captured by string field theory, thus making it a candidate for a non-perturbative formulation of string theory capable of describing changes of the string background."
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String theory
String theory
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In physics, string theory is a theoretical framework in which the point-like particles of particle physics are replaced by one-dimensional objects called strings. String theory describes how these strings propagate through space and interact with each other. On distance scales larger than the string scale, a string acts like a particle, with its mass, charge, and other properties determined by the

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"String theory... resolves the central dilemma confronting contemporary physics—the incompatibility between quantum mechanics and general relativity—and that unifies our understanding of all of natures fundamental material constituents and forces. But to accomplish these feats, ...string theory requires that the universe have extra space dimensions. ... Physicists have found that a key signal that a quantum mechanical theory has gone haywire is that particular calculations yield "probabilities" that are not within... acceptable range. For instance... infinite probabilities. ...string theory cures these infinities. ...a residual ...problem remains. In the early days ...calculations yielded negative probabilities ...so string theory appeared to be awash in its own quantum-mechanical hot water. ... Physicists found that the troublesome calculations were highly sensitive to the number of independent directions to which a string can vibrate. ...if strings could vibrate in nine independent spatial directions, all of the negative probabilities would cancel out. ... Kaluza and Klein provide a loophole... in addition to our familiar three... there are six other curled-up... rather than just postulating the existence of extra dimensions, as had been done by Kaluza, Klein, and their followers, string theory requires them."
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String theory
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"The real world as we know it happens at energies well below the Planck scale, so it is very well described by effective field theory. There is a continuous infinity of consistent effective field theories. Remarkably, only a measure zero fraction of those seem to be obtainable from string theory. These effective field theories arise as low energy descriptions of certain "vacua" of string theory, which in some approximation schemes can be thought of as solutions to the equations of motion for the compactification space."
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String theory