According to Foresight News, 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 are expected to be completed before the token generation event (TGE).
Foresight News previously reported that the cross-chain interoperability protocol Analog completed a $16 million seed and strategic round of financing in February 2024 with a valuation of $120 million, led by Tribe Capital.
