Analog, a groundbreaking Layer-0 cross-chain communication protocol and Web3 data provider, has officially launched its highly anticipated incentivized testnet. This represents a significant milestone in Analog’s mission to enable true interoperability across different blockchain networks, giving developers the tools they need to build decentralized applications (dApps).
Analog offers a suite of products, including Analog Watch, a comprehensive indexing and query protocol that simplifies access to Web3 data through a GraphQL endpoint. Developers can streamline their workflow by using the open-source Watch SDK or the hosted Watch Portal. Analog GMP (General Message Passing) is a permissionless communication layer that allows dApps to send and receive messages across various blockchains, enabling seamless interaction.
The Analog network is supported by the Timechain, an immutable ledger that combines Nominated Proof-of-Stake (NPoS) and Proof-of-Time (PoT) protocols to ensure strong security, decentralization, and scalability. The incentivized testnet provides developers, enthusiasts, and node operators with an opportunity to earn rewards while actively contributing to the growth and development of the Analog platform.
Shaping the future of Web3, Analog has allocated a minimum of 2% of its total $ANLOG token supply to participants in the testnet. The testnet rollout is being conducted in phases to ensure a smooth and productive experience. Developers have been participating since April 16th, with the broader community joining at the end of April. Phase 3 will soon open for validators, and all three phases will run concurrently until the end of July.
Participants in all phases can earn Analog Token Points (ATPs) by completing various tasks, such as testing core functionalities, providing insights and feedback, and participating in community-driven events like the Watch Game. The Watch Game allows community members to explore and vote on Views created by developers, promoting collaboration and innovation within Analog’s ecosystem.
Victor Young, CEO/Founder of Analog, stated, “We believe that building a truly interoperable cross-chain ecosystem requires the insights and contributions of everyone. Our Incentivized Testnet empowers individuals to test our tools, share their perspectives, and earn rewards as they help us build the most user-friendly and powerful cross-chain data platform.”
Analog is committed to advancing omni-chain interoperability in the blockchain space. As a unique Layer-0 blockchain for event data in Web3, powered by its own Proof-of-Time consensus mechanism, Analog’s suite of protocols aims to simplify access to information and facilitate seamless cross-chain communication.
The incentivized testnet will play a vital role in gathering feedback, enhancing platform functionality, and preparing Analog for its mainnet launch. Participants are encouraged to join and contribute to this innovative initiative, shaping the future of cross-chain communication and decentralized applications.