Analog has officially announced the launch of its mainnet, marking a major milestone for its interoperability platform. The Analog mainnet will be live with block production from December 23, 2024. Moreover, this will serve as a basis for developers to build powerful multi-chain applications. This announcement was made via Analog’s official X account.
https://t.co/7DqP0pyNPK
— Analog (@OneAnalog) December 24, 2024
Analog Mainnet offers multi-chain smart contracts for developers
To start, the mainnet will function as a Proof of Authority (PoA) network. This is just the beginning and the system will continue to evolve and add more and more features. Some of these include Nominating Proof of Stake (NPoS) consensus, cross-chain communications, and data requests.
Analog’s mainnet followed the three-phase testnet release. This new phase will help both developers and users of decentralized systems and applications. This makes it convenient to execute smart contracts for different blockchains from the mainnet. This allows developers to create more sophisticated applications that can perform actions in response to the conditions of a multi-chain environment.
On the other hand, more than 50 projects are already planned to be built with Analog. These projects highlight the simplicity of adopting the platform and the passion for the tools available on the platform. StationX is a multi-chain DAO management solution and Parami Protocol integrates AI agents into blockchain. Analog Watch is employed by Frax Finance, a decentralized stablecoin project, to provide enhanced price discovery and transparency. Other projects, which also use Analog for geolocation and NFT functionality, include XYO and Vemo Network.
Analog testnet reaches 290,000 smart contracts and 1.9 million data sets
Interestingly, the Analog Testnet has been very successful with approximately 12+ million website visits and 345K+ participating accounts. Platform tools have been used extensively throughout their lifespan, with more than 1.9 million datasets formed and more than 290,000 smart contracts registered. Additionally, more than 42,000 users have completed their Proof of Humanity verification.
Finally, Analog is taking a giant leap with the launch of mainnet to offer a scalable and secure ecosystem to help developers build decentralized apps. Moreover, it offers a simple, developer-friendly toolset. Moreover, it is expanding its ecosystem for better user experience. Ultimately, Analog will look to redefine the multi-chain experience in the near future.
