BlockBeats news, on December 24, the full-chain interoperability protocol Analog announced the launch of its mainnet. The mainnet initially adopted the PoA (Proof of Authority) consensus mechanism, and will later introduce NPoS (Nominated Proof of Equity) consensus and cross-chain through runtime upgrades. Core functions such as messaging and data query are expected to be completed before the Token Generation Event (TGE).
After the launch of the mainnet, developers can build powerful multi-chain applications based on Analog to achieve decentralized and interoperable 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.
According to previous news, in February this year, Analog completed a US$16 million seed and strategic round of financing, led by Tribe Capital, with participation from NGC Ventures, Wintermute, GSR, NEAR, Orange DAO, Mike Novogratz’s alternative asset management company Samara Asset Group, Balaji Srinivasan, etc. cast.
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