Before we identify each consensus mechanism, it’s better to understand why do we actually need them. Blockchain is only a means for organizing data Let’s consider blockchain point by point: ...

This genetic algorithm-based blockchain consensus algorithm can improve the efficiency of consensus, block generation and computation to some extent. The fitness function of the blockchain nodes ...

The specific steps of the blockchain cross-chain consensus algorithm based on weighted PBFT proposed by WiMi are as follows: firstly, the initialization node operation is carried out, and the ...

The consensus algorithm for blockchain-based Internet of Things applications can be dynamically adjusted based on the specific requirements of the IoT. For example, parameters such as block size ...

A consensus mechanism is a system used in blockchain networks to guarantee that every node agrees on the state of the ledger.

The consensus algorithm for blockchain-based Internet of Things applications, researched by WiMi, not only solves the compatibility challenges between IoT devices and blockchain networks, but also ...

The logic embodied in all the nodes of a blockchain that ensures the chain's integrity. Because there is no central authority in a blockchain, the consensus mechanism ensures that at least 50% of ...

Understanding what is behind the proof-of-burn consensus algorithm and why it is the next evolution of blockchain technology.

WiMi's machine learning-based blockchain hybrid consensus algorithm not only represents a major innovation in blockchain technology, but also provides solid technical support for the future ...

Understanding what is behind the proof-of-work consensus algorithm and why its invention was an important technological development.