What’s happening: Analog, a chain-agnostic blockchain protocol, will list its native utility token, $ANLOG, on KuCoin, Bitget, MEXC, and Gate.io simultaneously. Trading begins February 10, 2025, at 6:00 p.m. (UTC+8) with a $ANLOG/$USDT pair.
What’s the significance? $ANLOG powers Timechain, Analog’s Layer-0 network leveraging a proprietary Proof-of-Time (PoT) consensus mechanism, aimed at solving blockchain fragmentation. (Learn more about Analog here: https://www.analog.one/)
About $ANLOG
$ANLOG facilitates transaction validation, staking, and governance participation within the Analog ecosystem.
- It also plays a key role in securing Timechain, enabling cross-chain data and transaction flow—a major bottleneck in blockchain interoperability.
- Users can acquire the token via crypto exchanges, airdrops, and recent public sales.
What is Proof of Time Consensus
Analog’s Proof-of-Time consensus is backed by two officially approved patents, highlighting its focus on innovation.
- The verifiable delay function (VDF)-based mechanism enhances blockchain security and scalability.
- 50+ projects span DeFi, AI, NFTs, and gaming.
- Notable applications include:
- Zenswap: Cross-chain swaps.
- Pixelport: NFT trading and digital ownership.
- Frax Finance: Cross-chain fractional-algorithmic stablecoins.
- XYO: Decentralized Physical Infrastructure Network (DePIN).
- StationX: Capital coordination protocol.
- Parami Protocol: Blockchain-based advertising.
Analog’s Tech Stack
Analog Watch, GMP protocols, and automation tools enable seamless cross-chain interactions, decentralized AI, and real-time data sharing.
- The protocol’s interoperability solutions could be a game-changer for AI projects, optimizing data sharing and computation.
More Information
- The mainnet launched in December after a testnet with 380,000 verified users through Analog’s proof-of-humanity system.
- The project raised $5M in its latest round, securing a $300M fully diluted valuation.
- Backers include Foresight Ventures, Gate Ventures, BackerDAO, and Black Label Ventures.
“Analog’s focus on cross-chain interactions is critical as the space becomes increasingly fragmented. By enabling communication and transaction flow between different networks, Analog lays the groundwork for new levels of scalability, efficiency, decentralization, and connectivity across the broader Web3 and DeFi.”
ANALOG
This article is published on BitPinas: What is Analog? $ANLOG Token to Debut on KuCoin, Bitget, MEXC, and Gate.io
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