Core Viewpoint - MicroCloud Hologram Inc. has introduced a new Bitcoin blockchain hybrid consensus algorithm aimed at enhancing the performance, scalability, security, and consistency of the Bitcoin Blockchain system [1][4]. Group 1: Hybrid Consensus Algorithm - The hybrid consensus algorithm utilizes a PoS based on the verifiable random function (VRF) protocol to ensure fairness and randomness in the consensus process, thereby preventing power concentration and malicious behavior [2][3]. - This algorithm improves network security and reliability by effectively defending against attacks from malicious nodes and ensuring transaction accuracy and integrity [3][4]. - The algorithm's adaptability allows it to intelligently select the most suitable consensus method based on actual demand and resource conditions, catering to various application scenarios [3][4]. Group 2: Financial Position and Investments - The company currently holds a cash reserve of approximately 200 million in funds for investments in Bitcoin, other digital currencies, and related securities [5]. - MicroCloud has reported cumulative investment returns of $8.13 million, reflecting its commitment to maintaining a strong financial position and creating long-term value for shareholders [5]. - The company aims to enhance the diversity and risk resistance of its overall asset portfolio through these investments [5]. Group 3: Holographic Technology Services - MicroCloud provides advanced holographic technology services, including high-precision holographic LiDAR solutions and holographic digital twin technology [6]. - The company has developed a proprietary holographic digital twin technology resource library that captures 3D holographic forms using various advanced technologies [6].
MicroCloud Hologram Inc. Invests to Develop Hybrid Public Recognition Algorithm Technology Based on Bitcoin Blockchain