According to BlockBeats, on December 24, the full-chain interoperability protocol Analog announced the launch of its mainnet, which initially adopts a PoA (Proof of Authority) consensus mechanism. Subsequently, it will introduce NPoS (Nominated Proof of Stake) consensus, cross-chain messaging, and data querying as core functions through runtime upgrades, expected to be completed before the Token Generation Event (TGE).
After the mainnet launch, developers can build powerful multi-chain applications based on Analog, achieving decentralized and interoperability solutions. Analog's tech stack supports cross-chain smart contract execution, allowing developers to create complex applications that can respond to events across multiple chain ecosystems.
Previously reported, in February of this year, Analog completed a $16 million seed and strategic round financing, led by Tribe Capital, with participation from NGC Ventures, Wintermute, GSR, NEAR, Orange DAO, Mike Novogratz's alternative asset management firm Samara Asset Group, Balaji Srinivasan, and others.