WiMi Announced GradingShard Blockchain Sharding Technology [Yahoo! Finance]
WiMi Hologram Cloud Inc. - American Depositary Share (WIMI)
Company Research
Source: Yahoo! Finance
Reality ("AR") Technology provider, today announced a GradingShard blockchain sharding technology. GradingShard sharding technology spreads the storage and computation pressure of the entire blockchain network to different nodes by dividing the blockchain network into multiple shards, each containing only a portion of the transaction records and information. Different from the traditional sharding technology, GradingShard introduces a new sharding selection algorithm, which scores nodes according to their computing and storage capabilities, and then selects the nodes with the highest scores to store and process the corresponding segments. In this way, it not only improves the performance and scalability of the entire blockchain network, but also avoids the situation where a few nodes monopolize the entire network. The goal of The GradingShard blockchain sharding technology is to address the limitations of traditional blockchain systems in terms of scalability and performance. Tradit
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- WiMi is Working on the Blockchain Collaborative Hybrid Consensus Algorithm to Optimize Blockchain Performance and SecurityPR Newswire
- MNY, GRPN among major communication services gainers; META, OPRA among losers [Seeking Alpha]Seeking Alpha
- WIMI, TROO and SILO among pre-market losers [Seeking Alpha]Seeking Alpha
- WiMi Hologram Cloud Announced the B-TEC Technology to Enhance Information Security [Yahoo! Finance]Yahoo! Finance
WIMI
Sec Filings
- 4/25/24 - Form 20-F
- 4/23/24 - Form 6-K
- 3/18/24 - Form 6-K
- WIMI's page on the SEC website