WiMi Deploys Cross-Chain Model Based on Relay Chain and Asynchronous Consensus Mechanism | PR Newswire [Video]

, /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WiMi) (“WiMi” or the “Company”), a leading global Hologram Augmented Reality (“AR”) Technology provider, today 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 …