SHENZHEN, China, April 22,
2025 /PRNewswire/ -- MicroCloud Hologram Inc.
(NASDAQ: HOLO) ("HOLO" or the "Company"), a Hologram Digital Twins
Technology provider, today announced that it developed an
innovative solution aiming to provide an effective reconstruction
for blockchain when it gets attacked. The solution employs
verifiable secret sharing (VSS) technology to ensure that the
blockchain system can quickly restore and maintain data integrity
and consistency even under extreme circumstances.
HOLO's blockchain reconstruction solution is based on the
following components:
Verifiable secret sharing (VSS)
VSS is a cryptographic technique that allows a private key to be
split into multiple shares and distributed to different
participants. These shares are meaningless individually, and the
original secret can only be reconstructed when a certain number of
shares are pooled. VSS is used to protect private keys and ensure
that users can recover their blockchain data even if some of the
nodes are compromised.
Redundant storage on distributed nodes
In order to improve the fault tolerance of the system, HOLO uses
a redundant storage mechanism on distributed nodes. This means that
each node not only stores its own copy of the ledger, but also
stores part of the ledger information of other nodes. In this way,
even if some nodes are damaged, other nodes can use the redundant
information to help rebuild the lost data.
Dynamic participant selection and verification
Participant selection and verification are crucial in blockchain
systems. By dynamically selecting participants and verifying them
rigorously, it is ensured that only trusted nodes can participate
in the blockchain maintenance and data reconstruction process. This
greatly reduces the impact of malicious nodes on the system.
Reward and punishment mechanisms
In order to eliminate the incentives for dishonest
reconstruction, HOLO designed a set of incentives and punishments.
Under this mechanism, users who honestly participate in
reconstruction will be rewarded, while users who try to destroy or
tamper with data will face severe punishment. This mechanism
effectively improves the security and reliability of the
system.
In contrast to traditional reconstruction mechanisms, the scheme
is able to take effect immediately, without waiting for negotiation
and trust establishment between different blockchain parties. Each
user can reconstruct their own data independently without relying
on other untrustworthy participants. Through VSS and incentive
mechanisms, the scheme greatly improves the security of the
blockchain system in the face of malicious attacks. All operations
in the reconstruction process are transparent and traceable,
ensuring data integrity and consistency.
HOLO's innovative blockchain reconstruction solution provides a
new kind of security for encrypted systems. By introducing
verifiable secret sharing technology, the solution not only
protects against malicious attacks, but also quickly recovers the
system in the event of an attack, ensuring the security and
integrity of data. With the continuous development and application
of blockchain technology, this solution from HOLO will undoubtedly
bring a far-reaching impact to the entire industry.
About MicroCloud Hologram Inc.
MicroCloud Hologram Inc. (NASDAQ:HOLO) engages in the research
and development, and application of holographic technology.
MicroCloud Hologram provides its holographic technology services to
its customers worldwide. MicroCloud Hologram also provides
holographic digital twin technology services and has a proprietary
holographic digital twin technology resource library. MicroCloud
holographic digital twin technology resource library captures
shapes and objects in 3D holographic form by utilizing a
combination of holographic digital twin software, digital content,
spatial data-driven data science, holographic digital cloud
algorithm, and holographic 3D capture technology. MicroCloud
Hologram technology services include holographic light detection
and ranging (LiDAR) solutions based on holographic technology,
holographic LiDAR point cloud algorithms architecture design,
technical holographic imaging solutions, holographic LiDAR sensor
chip design, and holographic vehicle intelligent vision technology
to service customers that provide holographic advanced driver
assistance systems (ADAS).
Safe Harbor Statements
This press release contains "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by
terminology such as "will," "expects," "anticipates," "future,"
"intends," "plans," "believes," "estimates" and similar statements.
Statements that are not historical facts, including statements
about the Company's beliefs and expectations, are forward-looking
statements. Among other things, the business outlook and quotations
from management in this press release, as well as the Company's
strategic and operational plans, contain forward−looking
statements. The Company may also make written or oral
forward−looking statements in its periodic reports to the U.S.
Securities and Exchange Commission ("SEC") on Forms 20−F and 6−K,
in its annual report to shareholders, in press releases and other
written materials and in oral statements made by its officers,
directors or employees to third parties. Forward-looking statements
involve inherent risks and uncertainties. A number of factors could
cause actual results to differ materially from those contained in
any forward−looking statement, including but not limited to the
following: the Company's goals and strategies; the Company's future
business development, financial condition and results of
operations; the expected growth of the AR holographic industry; and
the Company's expectations regarding demand for and market
acceptance of its products and services. Further information
regarding these and other risks is included in the Company's annual
report on Form 20-F and current report on Form 6-K and other
documents filed with the SEC. All information provided in this
press release is as of the date of this press release, and the
Company does not undertake any obligation to update any
forward-looking statement, except as required under applicable
laws.
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SOURCE MicroCloud Hologram Inc.
