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Introducing Time Nodes
Become a key part of Analog’s decentralized network by securing the ledger and earning $ANLOG.
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Types of Nodes
Time relevance is all you need
Individual
This is the average Analog user who submits event data to the Timechain to receive ANLOG token incentives. The submitted time data would be of value to different organizations, businesses and such, aside from the benefits it gives to the node themselves. Examples:
A patient who opts in to upload their medical history to a hospital’s database, easing record-keeping on the hospital’s part and cutting down wait times on the patient’s
A student who submits education records to a school or state database, which would quickly match the students to courses they are interested in and eligible for at universities they may not have even known about otherwise
A shopper who provides their purchase history to a retail body, aiding sales analytics while being notified of when their favorite purchases are on sale
Enterprise
This is a business, organization, company or similar entity that submits event data to the Timechain to facilitate cross-platform transactions or interactions. Examples:
A ridesharing company that communicates a passenger’s arrival time with their destination (e.g., hotel or airport) to provide a seamless customer experience
A supplier that shares real-time product inventory with retailers to improve supply chain, stock and retail management
A government agency that coordinates with private contractors on a project without going through unnecessary red tape
Software
This refers to software that power apps usually found on the average person’s device, such as ridesharing, food, entertainment and e-commerce apps that could leverage the Timechain to optimize their performance or boost their service scope. Examples:
An e-commerce app that automatically utilizes a user’s purchase patterns to connect them with sellers, vendors or service providers that offer the best deals for them
A ridesharing app that communicates a passenger’s arrival time with their destination (e.g., hotel or airport) to provide a seamless customer experience
An app store that suggests apps that are relevant to a user’s needs based on their past downloads and searches
IOT
This would be a smart appliance, gadget, machine or a network system that coordinates with other devices or systems through the Timechain to accomplish certain tasks. Examples:
A smart home security system that automatically grants access to maintenance crew that has been permitted entry to the residence
A building’s intelligent HVAC system that dynamically adjusts the indoor temperature and humidity based on current weather data online in order to consume less power
A medical pill dispenser that self-configures its dispensing criteria whenever a prescription dosage is updated online
Individual
This is the individual Analog user who submits event data to the Timechain to receive $ANLOG token incentives. The submitted event data would be of value to different organizations, businesses and such, aside from the benefits it gives to the node themselves. Examples:
A patient who opts in to upload their medical history to a hospital’s database, easing record-keeping on the hospital’s part and cutting down wait times on the patient’s
A student who submits education records to a school or state database, which would quickly match the students to courses they are interested in and eligible for at universities they may not have even known about otherwise
A shopper who provides their purchase history to a retail body, aiding sales analytics while being notified of when their favorite purchases are on sale
Enterprise
This is a business, organization, company or similar entity that submits event data to the Timechain to facilitate cross-platform transactions or interactions. Examples:
A ridesharing company that communicates a passenger’s arrival time with their destination (e.g., hotel or airport) to provide a seamless customer experience
A supplier that shares real-time product inventory with retailers to improve supply chain, stock and retail management
A government agency that coordinates with private contractors on a project without going through unnecessary red tape
Developer
This is a developer, programmer or engineer who builds decentralized applications (dApps) or other programs that utilize event data via the Timechain to offer convenience, efficiency or other benefits. Examples:
An app developer who creates a dApp that analyzes a user’s online purchase patterns to connect them with sellers, vendors or service providers that offer the best deals for them
A software programmer who designs a program that automatically compiles and updates the medical histories of patients of a hospital to improve patient experience and management
A game developer who builds a game app that rewards users’ achievements with $ANLOG token loots which can be spent not just in the game but across chains on other dApps
IOT
This would be a smart appliance, gadget, machine or a network system that coordinates with other devices or systems through the Timechain to accomplish certain tasks. Examples:
A smart home security system that automatically grants access to maintenance crew that has been permitted entry to the residence
A building’s intelligent HVAC system that dynamically adjusts the indoor temperature and humidity based on current weather data online in order to consume less power
A medical pill dispenser that self-configures its dispensing criteria whenever a prescription dosage is updated online
Event Data
What is Event Data?
Event data is any data subscribers want to measure about events in traditional applications or dApps and their associated attributes. For example, when users load up various applications from their smartphones or visit decentralized platforms, they interact via a sequence of events such as confirmation times when buying crypto-assets or non-fungible tokens (NFTs).
Time Nodes
Become a Timechain Pioneer
Earn rewards and empower the world with event data.
FAQ
A node is any device that can store a partial or full copy of the Timechain. A decentralized platform such as the Analog network requires nodes to work because there is no centralized entity like a dedicated server.
Nodes also serve as communication points for executing various essential functions. Analog network has three kinds of nodes: broadcasters (submit event data), time nodes (validate event data and can take part in consensus), and archive nodes (store the complete copy of the Timechain).
Anyone and everyone can become a node on the Analog network. The Analog network does not impose strict computational (CPU and RAM) specifications for nodes that form its decentralized network.
This process depends on the type of node you decide to run. For example, while broadcasters and time nodes do not impose strict hardware requirements, archive nodes require large storage capacities (at least 1 TB). You also need high-speed internet connectivity (preferably 1 Gbps and above) to successfully run a node—regardless of whether the node is a time node or an archive node.
The process of running a time node or archive node is straightforward: download and install the latest stable release of Analog Client (software) on your device and allow it to download the copy of the Timechain from other nodes in the network. The process is even simpler for a broadcaster: simply create an account and start submitting event data.
Becoming a node on the Analog network has two main perks. First, you get to contribute to the growth of the world’s first validated event data marketplace in terms of security and decentralization as a time node. The network rewards you with $ANLOG tokens in the process.
Unlike PoW-powered Blockchains that demand substantial computational resources, the PoT consensus is lightweight. This means you can validate event data even with nodes that have diminished computational capabilities and earn maximum returns.
Additionally, the network does not discriminate against time nodes when selecting block proposers or confirmers. Provided you have a high ranking score and substantial staked coins, you can validate event data and confirm blocks, earning ANLOG tokens in the process.
Second, you earn $ANLOG tokens as a broadcaster when subscribers purchase your submitted data.
Explore How It Works
A more thorough analysis can be found in our Timepaper
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