Before the 1990s, string theorists believed there were five distinct superstring theories: open type I, closed type I, closed type IIA, closed type IIB, and the two flavors of heterotic string theory (SO(32) and E8×E8). The thinking was that out of these five candidate theories, only one was the actual correct theory of everything, and that theory was the one whose low energy limit, with ten spacetime dimensions compactified down to four, matched the physics observed in our world today.
It is now believed that this picture was incorrect and that the five superstring theories are connected to one another as if they are each a special case of some more fundamental theory (thought to be M-theory). These theories are related by transformations that are called dualities. If two theories are related by a duality transformation, it means that the first theory can be transformed in some way so that it ends up looking just like the second theory. The two theories are then said to be dual to one another under that kind of transformation. Put differently, the two theories are mathematically different descriptions of the same phenomena.
— Wikipedia on String theory
2011.02.28 Monday ACHK