WiMi Announced MHConsensus Blockchain Algorithm Achieving Efficient Data Management

February 16, 2024

https://www.prnewswire.com/news-releases/wimi-announced-mhconsensus-blockchain-algorithm-achieving-efficient-data-management-302064040.html

BEIJING, Feb. 16, 2024 /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WIMI) (“WiMi” or the “Company”), a leading global Hologram Augmented 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.

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