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Analog Officially Launches Mainnet, Empowering Developers to Build Multi-Chain Applications

2024/12/25 21:51

Analog Officially Launches Mainnet, Empowering Developers to Build Multi-Chain Applications

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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