What is Analog?
Analog recognizes that all events are necessarily defined by time. Entropy is known as the “arrow of time” — the direction and shape it gives to static objects increases over time and cannot be reversed. Out of this universal law of physics, and in conjunction with the benefits of blockchain, we’ve built an ecosystem that helps unite people, places, and things that is validated irreversibly through time.
What is Analog?
Analog is a Proof-of-Time network developed on the premise of time-stamped data management, made possible by the world’s first blockchain-based Timegraph built on the Analog Timechain. The Timegraph is a searchable resource of validated time data that is of tremendous value to individuals and organizations spanning various industries and can be used to power apps. Analog is also available on your iOS or Android device as the first app in the ecosystem utilizing the Timechain.
Analog’s sophisticated proof-of-time consensus algorithm allows anyone on the network to become a node and participate in verifying time data. Nodes will be selected based on several variables related to their time relevance, including weighted value and reputability.
Analog uses a zero-knowledge proof protocol called zk-SNARK that allows the transfer of time data cross-chain and bidirectionally between applications without compromising the underlying time data itself, ensuring sensitive information is kept hidden from view.
Smart contracts built into dApps linked to the Timegraph API incentivize nodes to submit time data to the Timechain. A node that completes a predefined action according to the terms of a given smart contract are rewarded a sum of ANLOG tokens.
Events occurring all over the world are reported by multiple sources citing different, and sometimes conflicting information. Analog aims to cut through the noise, presenting only the most accurate and relevant time data.
Analog has developed and is charged with maintaining the Timegraph, a digital, permissionless, trustless, decentralized framework that records relationships between people, places and things across the dimension of time.
On the Analog network, each participant is a node in the Timegraph, submitting time data to the blockchain for validation from randomly selected nodes nearby. Think of it as a community-powered, decentralized public utility for hyper-accurate time-stamping, attempting to make time a more visible part of our lives. It’s not just another temporary blockchain network — it’s a temporal blockchain network.
Analog has developed and is charged with maintaining the Timegraph, a digital, permissionless, trustless, decentralized framework that records relationships between people, places, and things across the dimension of time.
On the Analog network, each participant is a node in the Timegraph, submitting time data to the blockchain for validation from randomly selected nodes nearby. Think of it as a community-powered, decentralized public utility for hyper-accurate timestamping, attempting to make time a more visible part of our lives. It’s not just another temporary blockchain network — it’s a temporal blockchain network.
iOS / Android App
We have created an iOS/Android app that utilizes the Analog blockchain to help you make the most of your time! This app allows you to connect to third-party apps to pull in essential time data, organizing them in a convenient, streamlined manner. Pick and choose which apps you need to connect to make your life easier.
The Analog app also allows you to post and receive time data which makes keeping track of happenings in your personal life and your social circles a cinch. Experience an exciting new way to explore the world with friends, family and colleagues around you — through the lens of time!
The Analog iOS/Android app is going through a major Ul/UX revamp, which will be completed by Q1 2022.
The Analog network’s native ANLOG token is essentially a time-based currency incentive. It was unveiled for trading with 51% of the total supply (7.038 billion tokens) allocated to network participants. Simply put, these tokens are used to incentivize consumers to take action.
Of the remaining, 20% is reserved to maintain the Analog One Foundation – a non-profit organization created to maintain the open-source Analog network, and oversee its development. 18% of the supply was kept for public and private sales, amounting to 2.484 billion tokens. 10% has been reserved for staking rewards, and the last 1% (138 million tokens) was given to advisors and partners in the project.
Analog is the outcome of the realization that blockchain is the answer to the problem of time being both very difficult and very important to record and monitor.
Analog’s timegraph network comprises unique qualities that make it not only highly versatile, but robustly equipped when it comes to solving a multitude of problems facing numerous industries. Whether it’s identifying weak spots in business management or rethinking how key processes are implemented, there is an abundance of ways this network can reshape practices for the better. For a clearer understanding of Analog’s potential, take a look at these use cases featuring several major industries.
Analog Use Cases
Analog smart contracts serve as a means to reward submission of desired time data through the escrow and release of ANLOG tokens bound to completion of specified milestones. This facilitates a broad range of use cases for the Analog Timegraph, covering finance, education, construction, technology, the environment and much more.
Universities are at the forefront of some of the world's most cutting-edge research, and are places where tardiness is heavily frowned upon. In the fields of education and research, it's paramount for people to show up on time. From exam dates and essay submissions to project and admission deadlines, Analog's incentivized systems help the students of the world finally become the masters.
Healthcare technology has come a long way over the last century, but there is still plenty of room for improvement when it comes to issues such as the management of patients and medical research information. From rewarding patients for getting regular checkups to facilitating data collection and retrieval, Analog can help medical professionals save lives.
Time is money, and businesses run most efficiently when people pay their bills on time. Analog enables the more seamless functioning of markets using time data from a decentralized, trustless network. Through smart contracts, Analog can even support financial applications to facilitate the creation of decentralized lending systems and incentivized staking and liquidity pools.
By offering an oracle feed of the time between building construction and renovation dates, Analog can create smart contracts to incentivize better real-estate management. This includes rewarding or penalizing building contractors, city officials, and tenants to keep buildings in shape.
Exclusivity is the biggest hype machine, and timed flash sales are never as well-timed as they should be. With the COVID-19 pandemic pushing everyone indoors, people are making online purchases now more than ever. From designing fairer online purchase window unlocks to improving timed releases worldwide, Analog is making buying things as enjoyable as it should be.
Technology & Innovation
The pace of technological development continues to increase and as novel technologies emerge, synergies and a greater interconnectedness result. Blockchain technology has the potential to record and direct this development, helping harness the maximum potential of technological breakthroughs. From curation of non-fungible token (NFT) collections, to the coordination of project teams and incentivization of strategic R&D, Analog can stand at the center of this phenomenon.
In recent decades, the extent of civilization’s impact on the environment has become both more prominent and better understood. With issues such as climate change, water quality and air pollution requiring global commitment to address, there has never been a greater need for a coordinating mechanism to focus our efforts. By improving accountability, transparency and data quality, Analog can further our progress towards ambitious environmental goals.
Supply chains are the lifeblood of the consumer economy we live in today, and blockchain technology is already revolutionizing how they're operated. By introducing a distributed time-source, the supply chain industry can provide more reliable global timestamps at checkpoints for products being transported across borders, incentivizing more punctual deliveries and penalizing delays.
Polarization in global governments in charge of both monetary and legislative issues continues to increase, largely due to the movement of members to the far left and right over time. Gridlock - or the share of issues that could be addressed but are not, has grown over time. This kind of polarization does not lend itself to legislative cooperation and working collaboratively, including on issues that would push back against.
DEX listings, 3-5 CEX Listings, Swiss Non-Profit foundation launch
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