WiMi Announced a Genetic Algorithm-based Consensus Algorithm for Blockchain

Core Viewpoint - WiMi Hologram Cloud Inc. has announced a new blockchain consensus algorithm based on genetic algorithms, aimed at improving computational efficiency and overall performance in consortium blockchain networks [1][4]. Group 1: Blockchain Technology - The genetic algorithm is a stochastic search and optimization technique that enhances the consensus process by selecting the best nodes in a coalition blockchain network [2][3]. - This algorithm improves the efficiency of consensus, block generation, and computation by filtering consensus nodes based on their performance metrics [3][4]. - The optimization of the consensus mechanism is a complex and ongoing process, with expectations for more efficient algorithms to emerge in the future [4]. Group 2: Company Overview - WiMi Hologram Cloud, Inc. is a comprehensive technical solution provider specializing in holographic AR technologies, including automotive HUD software, 3D holographic pulse LiDAR, and holographic communication [5]. - The company focuses on various professional areas, offering services that encompass holographic AR applications, software development, and advertising technologies [5].