Archives

WiMi Launches Cross-Chain Model with Relay Chain & Async Consensus Mechanism

WiMi

WiMi Hologram Cloud Inc., a leading global Hologram Augmented Reality (“AR”) Technology provider, announced that they have explored a cross-chain model based on the Relay Chain and asynchronous consensus mechanism. This innovative solution aims to build an efficient, secure, and flexible infrastructure for the metaverse.

The core of the cross-chain model studied by WiMi lies in the design of the Relay Chain. As a central component of the cross-chain model, the Relay Chain acts as a bridge connecting multiple independent blockchains (application chains). It is responsible for coordinating communication and transaction validation between different blockchains, ensuring accurate data transmission across chains. Through cross-chain gateways, the Relay Chain can identify and process requests from various application chains, achieving consistency and security in cross-chain transactions. Furthermore, the Relay Chain leverages its robust consensus mechanism to provide additional security for all connected application chains, reducing the impact of individual chain vulnerabilities on the entire ecosystem.

Also Read: WiMi Explores Blockchain in Distributed Computing

In traditional synchronous or partially synchronous consensus protocols, network latency and message transmission times directly impact system performance and security. To overcome these challenges, WiMi adopts an asynchronous consensus mechanism. In an asynchronous environment, the system can ensure eventual consistency even in the presence of network delays or malicious nodes. This means that all participating nodes, including those on application chains and the Relay Chain, can reach a consensus on transaction states under uncertain network conditions, ensuring the timeliness and reliability of transactions within the metaverse.

WiMi‘s alliance chain cross-chain model, based on the Relay Chain and asynchronous consensus mechanism, introduces the Relay Chain to coordinate different application chains and adopts an asynchronous consensus mechanism to enhance system robustness and decentralization. This model effectively addresses the challenges of handling large-scale data and commercial services in the metaverse while paving a new path to solving interoperability issues in multi-chain environments. By optimizing data transmission and transaction validation processes in multi-chain settings, the model not only enhances the scalability and interoperability of the metaverse ecosystem but also lays a more solid and secure foundation for the future digital economy. As the technology continues to evolve and improve, the cross-chain model is expected to play an increasingly significant role in future metaverse networks, helping to build a more open, inclusive, and secure digital world.

Source: PRNewswire