PANews reported on December 24 that the full-chain interoperability protocol Analog announced the launch of its mainnet. The mainnet will initially adopt the PoA (Proof of Authority) consensus mechanism. Subsequently, core functions such as NPoS (Nominated Proof of Stake) consensus, cross-chain messaging and data query will be introduced through runtime upgrades, which is expected to be completed before the token generation event (TGE).
After the mainnet is launched, developers can build powerful multi-chain applications based on Analog to achieve decentralized and interoperability solutions. Analog's technology stack supports cross-chain smart contract execution, allowing developers to create complex applications that can respond to multi-chain ecological events. Currently, more than 50 projects are being developed in the Analog ecosystem, including StationX, Parami Protocol, Frax Finance, XYO, and Vemo Network, covering a variety of industry scenarios.
Earlier news said that the full-chain interoperability protocol Analog completed a $16 million financing round, led by Tribe Capital.
