Newark, Delaware, December 23rd, 2024,
Chainwire
Analog, an interoperability solutionAnalog has launched its
mainnet, marking a milestone in blockchain interoperability by
enabling developers to build sophisticated multi-chain
applications. The initial Proof-of-Authority (PoA) version, live on
December 23rd, serves as a foundation for upgrades like Nominated
Proof of Stake (NPoS) consensus, cross-chain messaging, and data
queries by its Token Generation Event (TGE). Following a successful
testnet with 345,000 accounts and over 1.9 million cross-chain
datasets created, Analog supports projects like Frax Finance, XYO,
and Parami Protocol, offering tools for cross-chain smart contract
execution. With over 50 projects committed to building on Analog,
its mainnet aims to streamline multi-chain development and usher in
the next wave of decentralized applications., has announced the
launch of its mainnet, enabling developers to start building an
array of powerful multi-chain applications. While the mainnet goes
live with block production on December 23rd, the
initial version of the mainnet is a Proof-of-Authority (PoA)
network that will service as a template for additional runtime
upgrades, adding all of Analog’s core functionalities by the Token
Generation Event (TGE). These functionalities include a Nominated
Proof of Stake (NPoS) consensus mechanism, cross-chain messaging,
cross-chain data queries, and more.
The mainnet launch follows a successful three-phase testnet,
ensuring core features are fully optimized and allowing developers
to provide valuable feedback. This launch introduces a
decentralized and interoperable layer that enables developers,
protocols, and users to experience true cross-chain solutions.
Analog touts itself as the first one-stop shop for
interoperability, aiming to provide all the tools for a developer
to create any cross-chain app easily within its tech stack. With
full smart contract execution supported across chains, developers
can create sophisticated applications that react to events across
the entire multi-chain ecosystem. With over 50 projects, across
multiple verticals, building or committed to build with Analog, the
ecosystem is rapidly expanding, demonstrating the ease of
integrating with Analog’s suite of tools.
Some examples of projects building with Analog, to showcase the
diversity of builders in the ecosystem, include:
- StationX: StationX, a platform for multi-chain
DAO creation and management has leveraged Analog’s Automation
workflow to simplify complex processes across multiple chains, from
automated fund distribution to trigger-based actions, making DAO
management more efficient and user-friendly.
- Parami Protocol: Pioneers
in merging decentralizing AI Agents with blockchain technology.
Among other integrations, Parami is using Analog to allow their AI
Agents to interact with a community, such as various memecoin
communities, that spans across multiple chains.
- Frax Finance: Frax Finance, one of the largest
decentralized stablecoins, will leverage Analog Watch to send
real-time oracle data for their primary implementations (Frax-wEth
and FXS-wEth) to get a true price of FXS-USD across all integrated
blockchains, enhancing transparency and data accuracy. In addition,
VeFXS holders can vote on governance decisions on all chains where
VeFXS is held.
- XYO: XYO is the original DePIN, offering
industry-leading geo-location technology. By utilizing Analog’s
cross-chain technology, developers and companies alike can benefit
from more accessible DePIN-backed data.
- Vemo Network: Transforming locked crypto
assets—such as vesting tokens and staking rewards—into tradable
NFTs using ERC-721 and ERC-6551 standards. Vemo is using Analog to
lock assets across multiple chains that can be later represented as
NFTs.
Analog’s extensive testnet campaign attracted over
12M website visits resulting in
over 345,000 participating
accounts. In Analog Watch, one of Analog’s developer
tools, which can be likened to The Graph but for cross-chain data,
users have listed over 290,000 smart contracts
across multiple chains, creating over 1.9M data
sets from these smart contracts. Over 42,000
users have already completed Proof of Humanity (PoH)
verification, a process with Intract that esures real users,
guaranteeing a strong user base that will begin interacting with
the mainnet from day one. Analog expects this number to increase
significantly by TGE.
The Analog mainnet launch is a significant step towards
providing a secure and scalable platform to support the next wave
of decentralized applications, all with a simple, easy-to-use set
of tools for developers.
About Analog
Analog is a secure, one-stop interoperability hub for
multi-chain and cross-chain solutions. It enables developers to
build and deploy dapps that seamlessly work across all chains. As a
natively chain-agnostic protocol, Analog is well-positioned to
streamline the multi-chain experience, allowing dapps and users to
expand to new blockchain networks.
Learn more: https://www.analog.one/
X: https://x.com/OneAnalog
Contact
Bella
Goldsteyn
bella@marketacross.com