MicroCloud Hologram Inc. Invests to Develop Quantum Asymmetric Consensus Chain Algorithm Technology Based on Bitcoin Blockchain

Core Viewpoint - MicroCloud Hologram Inc. is investing up to $200 million to develop quantum blockchain technology, specifically focusing on a quantum asymmetric consensus chain algorithm based on the Bitcoin blockchain to enhance security and reliability in digital transactions [1][10]. Investment and Development - The company plans to allocate no more than$200 million for investment in derivatives and technology development in cutting-edge fields related to Bitcoin, including blockchain, quantum computing, and artificial intelligence [1][10]. - The technological advancements resulting from this investment will be integrated into the company's capital operation strategy [10]. Technology Overview - The quantum asymmetric consensus chain algorithm integrates quantum technology with blockchain, enhancing the security of traditional encryption methods against potential threats from quantum computing [3][8]. - This technology aims to create a stable digital transaction platform suitable for the quantum computing era, addressing security issues in the digital economy [8][9]. Consensus Mechanism - The system's stake consensus does not require mining operations, which increases decentralization and allows all participants holding stakes to engage in the consensus process [4][5]. - A fair voting mechanism based on a delegated proof-of-stake consensus algorithm allows users to generate blocks through delegated stakes, making the consensus process more equitable [6][7]. Network Architecture - The blockchain network architecture features high decentralization, employing a distributed ledger and peer-to-peer network, enabling independent verification and storage of transaction information [7]. - The absence of mining processes leads to a fairer reward mechanism, where users earn the right to generate new blocks based on their stakes [7]. Future Prospects - The company aims to continuously improve the quantum asymmetric consensus chain algorithm to enhance system performance and security, adapting to the evolving quantum computing environment [11]. - Quantum blockchain technology is expected to integrate with various industries such as finance, supply chain, and healthcare, providing a robust infrastructure for digital transformation [11].