WiMi Announced MHConsensus Blockchain Algorithm Achieving Efficient Data Management [Yahoo! Finance]
WiMi Hologram Cloud Inc. - American Depositary Share (WIMI)
Company Research
Source: Yahoo! Finance
Reality ("AR") Technology provider, today announced an improved HBFT blockchain consensus algorithm for blockchains with multiple independent functions, namely "MHConsensus algorithm". The algorithm aims to achieve more efficient data management and election strategies, and to provide a reliable distributed consistency algorithm to cope with Byzantine faults that may occur in distributed systems. The Byzantine fault is a non-negligible problem in distributed systems. It involves anomalies in the behavior of nodes, including sending error messages, tampering with information, or being unresponsive, which poses a serious threat to system stability. To address this challenge, WiMi proposed the MHConsensus algorithm, which is designed to ensure that the system can still reach a unanimous consensus in the presence of a Byzantine fault. The algorithm also addresses the consistency problem in distributed systems. In distributed systems, due to network delays, node failures, and other uncon
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- WiMi Hologram Cloud Announced the B-TEC Technology to Enhance Information Security [Yahoo! Finance]Yahoo! Finance
- WiMi Hologram Cloud Announced the B-TEC Technology to Enhance Information SecurityPR Newswire
- WiMi Announced GradingShard Blockchain Sharding Technology [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