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0.00127822752449934 0.00122496804431187 -0.0145930975713678 -0.0145930975713678 -0.00937366851299535 -0.00319556881124841 -0.0110779718789944 -0.014592032381764
Stock impact report

WiMi Announced a Machine Learning-Based Blockchain Hybrid Consensus Algorithm

WiMi Hologram Cloud Inc. - American Depositary Share (WIMI) 
Company Research Source: PR Newswire
BEIJING, Oct. 14, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced a machine learning-based blockchain hybrid consensus algorithm that aims to improve the security and trust of the blockchain system. It also optimizes the consensus process through intelligent prediction, anomaly detection and adaptive learning to improve blockchain network performance and reduce resource consumption.Traditional blockchain consensus algorithms, such as Proof of Work (PoW) and Proof of Stake (PoS), can ensure the validity of transactions and the network's security. Still, they have limitations such as high resource consumption and slow processing speed. WiMi combines machine learning technology with the hybrid consensus algorithm, which not only optimizes the security, trust, and robustness of the consensus protocol, but also enhances the system's intelligent decision-making cap Show less Read more
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