ChainCatcher message, the cross-chain interoperability protocol Analog announced the launch of its token public offering on platform X, with a total of $1.5 million worth of ANLOG tokens to be sold on the Republic platform, lasting for 3 days.It is reported that 15% of the tokens will be unlocked at TGE, and the remaining tokens will be released linearly over 6 months.Analog is a fully decentralized Layer 0 platform for conveying verified event data through a time-proof consensus mechanism. The project completed $16 million in financing in February 2024 and is set to launch its mainnet in December of the same year.

ChainCatcher news, the full-chain interoperability protocol Orbiter Finance announces optimization of zk-STARK proofs, capable of generating quantum-resistant security proofs. This achievement will be used in the interoperability protocol Orbiter Vizing developed by Orbiter. Vizing's OAA abstract accounts can save 30% in gas fees compared to regular EOA accounts. This abstract account will provide high-performance, low-cost, and quantum-secure account solutions for the future billion Ethereum users.It is reported that Orbiter, through hardware acceleration and internal algorithm optimization of the zk-STARK proof system, can currently process 16 batches of secp256k1 signatures within 17 seconds at the cost of a regular commercial server, generating quantum-level secure proofs, thereby enhancing performance tenfold, and it may even reach second-level speeds in the future.

ChainCatcher message, the cross-chain interoperability protocol Analog announced the opening of the second phase testnet to community members.According to the Web3 asset data platform RootData, Analog is a fully decentralized Layer 0 platform for conveying verified event data through a time-proof consensus mechanism. At the core of the platform are tesseracts and time nodes, which can privately acquire and confirm event data from sovereign chains, allowing different ecosystems to use the same language.

ChainCatcher news, according to The Block, the full-chain interoperability protocol Analog has completed a $16 million seed and strategic round of financing, led by Tribe Capital, with participation from NGC Ventures, Wintermute, GSR, NEAR, Orange DAO, Mike Novogratz's alternative asset management company Samara Asset Group, Balaji Srinivasan, and others.Analog co-founder Victor Young stated that the financing was achieved through a Simple Agreement for Future Tokens (SAFT), and after the financing, Analog's fully diluted valuation reached $120 million.It is reported that Analog is a blockchain interoperability project that is building cross-chain communication tools for interoperability across multiple blockchain networks. Its core products include the Timechain blockchain network based on the Rust language; a universal messaging protocol; a developer-focused product called Analog Watch; and the Timegraph SDK and API suite, allowing application builders to combine applications across multiple chains.

ChainCatcher message, the zero-knowledge proof-based full-chain interoperability protocol Way Network can provide decentralized full-chain communication technology for all projects planning to engage in cross-chain layouts globally, including all DeFi projects and algorithmic stablecoin projects.Way Network aims to create a more complete, open, and inclusive Web3 network. Its main feature is the use of zero-knowledge proof zkSpark to enhance the security level of full-chain interoperability and reduce its costs. (source link)