Advertisement
AD

Main navigation

Advertisement
AD

Analog Interoperability Solution Launches Its PoA Network in Mainnet

Mon, 23/12/2024 - 16:15
Analog, one-stop interoperability hub for cross-chain and multi-chain networks, announces PoA launch in mainnet
Advertisement
Analog Interoperability Solution Launches Its PoA Network in Mainnet
Cover image via www.freepik.com
Read U.TODAY on
Google News
Advertisement

Interoperability solution Analog has shared the details of its proof-of-authority (PoA) network launch. The PoA mainnet is set to pave the way for the next releases, including the kicking off of a cross-chain messaging system and a much-anticipated token generation event (TGE).

Analog launches its proof-of-authority network in mainnet

New-gen interoperability solution Analog 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 went live today, Dec. 23, 2024.

A proof-of-authority (PoA) network is a pioneering iteration of the mainnet that will serve 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.

Advertisement

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.

Frax Finance, XYO, Station X leverage Analog's infrastructure

Following successful stress testing 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.

Over 42,000 users have already completed proof-of-humanity (PoH) verification, a process with Intract that ensures that users are real, guaranteeing a strong user base that will begin interacting with the mainnet from day one.

Advertisement
Subscribe to daily newsletter

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD