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Cryptocurrency News Articles
Analog Officially Launches Mainnet, Empowering Developers to Build Multi-Chain Applications
Dec 25, 2024 at 09:51 pm
Analog, the Layer 0 cross-chain communication protocol and Web3 data provider, has officially launched its mainnet, a crucial development in its roadmap.
Layer 0 cross-chain communication protocol and Web3 data provider Analog has officially launched its mainnet, marking a key development in its roadmap.
This launch enables developers to build multi-chain applications on Analog with an initial Proof-of-Authority (PoA) network.
Analog is set to roll out the Nominated Proof of Stake (NPoS) consensus mechanism, cross-chain messaging, and cross-chain data queries ahead of the upcoming Token Generation Event (TGE).
These features aim to facilitate the creation of decentralized, interoperable applications and seamless communication across blockchain platforms.
Analog has rapidly expanded its ecosystem, with over 50 projects developing on or committed to its platform. Notable collaborations include StationX, Parami Protocol, Frax Finance, XYO, and Vemo Network.
Such partnerships highlight the platform’s capability to support advanced applications that can interact dynamically within a multi-chain environmentAnalog testnet went live in the first quarter of 2024 and saw significant community engagement. It attracted over 12 million website visits and more than 345,000 participating accounts.
Users registered over 290,000 smart contracts on the Analog Watch platform and created upwards of 1.9 million data sets across supported chains.
Furthermore, over 42,000 users completed the Proof of Humanity (PoH) verification, indicating a robust and growing user base, which is expected to expand significantly as the TGE approaches.
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- Whales hoards 270 million DOGE coins, hinting at increased activity and potential for rebound from recent price drops
- Dec 26, 2024 at 09:45 am
- Over the past three days, whales purchased 270 million DOGE coins, indicating increased activity and the potential for a rebound from the recent price decline. The surge in whale trading correlates with significant price movements in Dogecoin, indicating they have a significant impact on the market.
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- PM Modi Inaugurates Development Projects In Khajuraho On Atal Bihari Vajpayee's Birth Anniversary
- Dec 26, 2024 at 09:05 am
- New Delhi, On the occasion of the 100th birth anniversary of former Prime Minister Atal Bihari Vajpayee, Prime Minister Narendra Modi inaugurated and laid the foundation stone of multiple development projects in Khajuraho, Madhya Pradesh.
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- PNUT/USDT Cross 68x Leverage Trade Update: Showing Excellent Progress
- Dec 26, 2024 at 08:45 am
- Hello traders! Let's dive into the details of one of our ongoing trades that's showing excellent progress. This is a great example of how high-leverage strategies, when executed correctly, can yield impressive results.
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- Hedera (HBAR) Price Prediction Based on Chart: Can Bulls Make it Big in 2023?
- Dec 26, 2024 at 08:45 am
- Hedera (HBAR) price has displayed a bullish rally on a wider time frame. It has advanced by 660% since November. After a massive bull run, The price displayed a correction phase in December. However, the price has managed to defend the 20-day EMA and has surged by 33% in just three days.
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- $100 Million Invested Within Days! Traders MASSIVELY Accumulate These Crypto Tokens
- Dec 26, 2024 at 08:45 am
- Popular trader Ali Martinez reported earlier today that whales bought another 60 million $XRP in the last 48 hours. The XRP price is trading around $2.30 at the time of writing, down 2.5% this week.
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- Web3Bay Promises a 6430% ROI as It Revolutionizes eCommerce by Removing Expensive Intermediaries
- Dec 26, 2024 at 08:45 am
- The cryptocurrency scene is vibrant, with Solana and Avalanche proving their capabilities in scalability and decentralized finance. Solana's return to a $201 valuation, propelled by network improvements and strong institutional support, suggests it might soon reach $250. Meanwhile, Avalanche is extending its influence in the blockchain domain by enhancing its subnets, which supports its stronghold in DeFi.