BEIJING: WiMi Hologram Cloud Inc., a leading global hologram augmented reality (AR) technology provider announced a blockchain consensus mechanism based on improved distributed consistency and hash entropy.
The consensus mechanism combines the advantages of a distributed consistency algorithm and hash entropy algorithm, aiming to improve the efficiency and security of the blockchain network.
It uses an improved distributed consistency algorithm, which can achieve a consistent state for all nodes in the network through message passing and state synchronisation between nodes.
The distributed consistency 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 susceptible to attacks and delays in large-scale networks and malicious node environments, and the security and performance of blockchain systems can be improved by utilising the improved distributed consistency algorithm and introducing more efficient message-passing and inter-node communication mechanisms.
At the same time, the hash entropy algorithm is introduced to enhance the security of the consensus mechanism. The hash entropy algorithm utilises the principle of cryptography and the characteristics of the hash function to encrypt and verify the 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 assess the security and randomness of the blockchain. By introducing the hash entropy algorithm to improve the randomness and unpredictability of the data, it can effectively resist potential attacks and frauds and improve the security of the blockchain network.
The blockchain consensus mechanism based on improved distributed consistency and hash entropy has higher security, scalability and efficiency, and it is believed that it will 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 enhance the security of the blockchain system, including resisting various attacks and malicious behaviours, 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 consistency and hash entropy will be more widely used in the future and contribute to the realisation of a more secure, scalable and sustainable blockchain system.
The future blockchain consensus mechanism, based on the integration of the improved distributed consistency algorithm and the principle of hash entropy, will achieve a balance of greater efficiency, security and scalability.
This mechanism will not only significantly improve transaction processing speed and reduce energy consumption, but also enhance the network’s ability to resist attacks and ensure data integrity and consistency.
It will be widely used in finance, the Internet of Things, supply chain management and other fields to promote the development of the trust economy, build a more robust infrastructure for the digital society, and open a new era of decentralised applications.
