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WiMi announced a Blockchain consensus mechanism based on improved distributed coherence and hash entropy
BEIJING, July 1, 2024 /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WIMI) (“WiMi” or the “Company”), a leading global provider of holographic augmented reality (“AR”) technology, today announced a blockchain consensus mechanism based on improved distributed coherence and hash entropy. The consensus mechanism combines the advantages of a distributed coherence algorithm and a hash entropy algorithm, aiming to improve the efficiency and security of the blockchain network. It uses an improved distributed coherence algorithm, which can achieve a consistent state for all nodes in the network through message passing and state synchronization between nodes. The distributed coherence algorithm is efficient, scalable and fault tolerant and can effectively solve the performance bottleneck and single point of failure problems that exist in traditional consensus mechanisms. Traditional consensus algorithms are prone to attacks and delays in large-scale networks and environments with malicious nodes; The security and performance of blockchain systems can be improved by using the improved distributed coherence algorithm and introducing more efficient message passing and inter-node communication mechanisms.
At the same time, the hash entropy algorithm is introduced to improve the security of the consensus mechanism. The entropic hash algorithm uses the principle of cryptography and the characteristics of the hash function to encrypt and verify transaction data in the blockchain to ensure the integrity and tamper-proof of the data. Hash entropy is an entropy indicator based on the hash function, which is used to evaluate the security and randomness of the blockchain. By introducing entropic hash algorithm to improve the randomness and unpredictability of data, it can effectively resist potential attacks and fraud and improve the security of the blockchain network.
The blockchain consensus mechanism based on better distributed coherence and hash entropy has higher security, scalability and efficiency, and is believed to play an important role in future blockchain applications and provide new ideas and methods for the development of distributed systems.
As the blockchain ecosystem continues to evolve, interoperability between different blockchain systems becomes increasingly important. In the future, WiMi will also work on designing mechanisms for cross-chain interoperability to enable seamless connectivity and data sharing between different blockchains. It will also explore ways to further improve the security of the blockchain system, including resistance to various attacks and malicious behaviors, and ensuring the reliability and stability of the system. Through further research and innovation, it is believed that the blockchain consensus mechanism based on improved distributed coherence and hash entropy will be more widely used in the future and will contribute to the realization of a more secure, scalable and sustainable blockchain system.
The future blockchain consensus mechanism, based on the integration of improved distributed coherence algorithm and hash entropy principle, will achieve a balance of higher efficiency, security and scalability. This mechanism will not only significantly improve the transaction processing speed and reduce energy consumption, but also improve the network’s ability to resist attacks and ensure data integrity and consistency. It will be widely used in finance, Internet of Things, supply chain management and other fields to promote the development of the trust economy, build a more solid infrastructure for the digital society, and open a new era of decentralized applications.
About WIMI Hologram Cloud
WIMI Hologram Cloud, Inc. (NASDAQ:WIMI) is a comprehensive holographic cloud technical solutions provider focusing on professional areas including holographic AR automotive HUD software, 3D holographic pulse LiDAR, holographic head-mounted light field equipment, holographic semiconductors, holographic cloud software, holographic car navigation and others. Its holographic AR services and technologies include holographic AR automotive applications, 3D holographic pulse LiDAR technology, holographic vision semiconductor technology, holographic software development, holographic AR advertising technology, holographic AR entertainment technology, holographic ARSDK payment, holographic communication interactive and other holographic AR technologies.
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