Analog, the Layer 0 cross-chain communication protocol and Web3 data provider, has officially launched its mainnet, a crucial development in its roadmap.
This launch marks a significant milestone as the platform begins to support developers building multi-chain applications with an initial Proof-of-Authority (PoA) network.
Building the Foundation for Multi-Chain Applications
In its first phase, Analog’s mainnet sets a robust foundation with a PoA network. These enhancements, slated to roll out ahead of the upcoming Token Generation Event (TGE), include the Nominated Proof of Stake (NPoS) consensus mechanism, cross-chain messaging, and cross-chain data queries.
These features are designed to streamline the creation of decentralized, interoperable applications, further facilitating seamless communication across different blockchain platforms.
Expanding the Ecosystem with Strategic Partnerships
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 environment.
Testnet Success and Community Engagement
Prior to the mainnet launch, Analog’s testnet went live in the first quarter of 2024 and saw substantial 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 anticipated to expand significantly as the TGE approaches.