PANews reported on December 24 that the full-chain interoperability protocol Analog announced the launch of its mainnet. The mainnet initially adopts a PoA (Proof of Authority) consensus mechanism, and will later introduce core features such as NPoS (Nominated Proof of Stake) consensus, cross-chain messaging, and data querying 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 in the multi-chain ecosystem. Currently, over 50 projects are being developed in the Analog ecosystem, including StationX, Parami Protocol, Frax Finance, XYO, and Vemo Network, covering various industry scenarios.
According to previous news, the full-chain interoperability protocol Analog has completed a $16 million financing round, led by Tribe Capital.