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WiMi Announced Weighted PBFT to Improve Blockchain Cross-Chain Consensus Algorithm and Enhance Security and Stability of Blockchain System
WiMi HologramWiMi Hologram(US:WIMI) Prnewswireยท2024-02-12 16:30

Core Viewpoint - WiMi Hologram Cloud Inc. has optimized its blockchain performance by introducing a weighted PBFT consensus algorithm, aimed at increasing throughput, reducing latency, and enhancing fault tolerance in blockchain applications [1][5]. Group 1: Algorithm Overview - The weighted PBFT algorithm is designed to improve the efficiency of blockchain consensus processes by introducing node weights, which reflect the importance and capability of each node [1][3]. - This algorithm addresses issues of network congestion caused by traditional consensus protocols, ensuring that the blockchain system remains efficient even under high transaction volumes [2][5]. - The algorithm includes integration and boosting mechanisms that allow for quick recovery from abnormal network situations, maintaining data consistency and security [5][6]. Group 2: Implementation Steps - The implementation of the weighted PBFT algorithm involves several steps, starting with the initialization of node operations and the client sending transaction requests to the master node [4]. - The master node executes an optimized consistency protocol, and all consensus nodes follow this protocol, with feedback mechanisms in place to ensure the correctness of the consensus [4]. - The system updates the consensus node set based on the integrity of the nodes, ensuring that only reliable nodes participate in the consensus process [4]. Group 3: Future Directions - WiMi plans to continue its focus on blockchain technology development, exploring new application scenarios and technological innovations to provide efficient and secure blockchain solutions across various industries [6].