In recognition that time is our greatest resource, Analog is a network that serves to immutably record time-stamped data on-chain. By creating a means of coordinated incentivization and validation of data submission, Analog aims to create a searchable ‘Timegraph’ of history covering a wide range of industries and use cases. Put simply, we aim to create a single reliable version of history.
While we all reference time and historical events in our daily and professional lives, there is currently no universally agreed-upon version of past events. Time, and specifically its characteristic of existing as a causal chain, makes it well suited for recording and tracking on a blockchain. By leveraging oracles to validate and track real-world, time-bound data, Analog’s Timegraph will function as the first objectively verified timeline of history.
The Analog Foundation is a non-profit organization with the mission to develop and maintain the Analog Network.
The Timegraph is the aggregated, on-chain database of all submitted real-work time information. It serves as an immutable and uncensorable version of history. Its searchable and filterable nature makes it highly flexible, enabling it to underpin many varied use cases.
The Analog Timegraph API is an interface that allows for ease of interaction with the complex data stored in the Timegraph. For example, it could be used to search and collate time data submitted by a variety of different third-party users and present this data in an easily comprehensible dashboard. The API is essentially Analog’s frontend to the Timegraph backend.
A smart contract is self-executing code on a blockchain that allows for trustless interaction between network participants. It is highly customizable and serves to reduce the need for intermediaries and arbitrators. This reduces costs associated with interaction and minimizes the possibility of fraud, accidental loss or malicious behavior by one or more participants in a transaction. In the case of Analog, our 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.
Smart contracts can only query data that is stored on-chain. Oracles serve as the bridge between off-chain ‘real-world information’ and the blockchain. They collate and verify real-world information through consensus and then submit it on-chain for use by smart contracts. For example, an oracle may collect and verify commodity-price information that is then recorded on-chain so it can be used as reliable price data by a trading-related smart contract. In the case of Analog, our oracles verify real-world time data prior to logging it to the Timegraph.
‘Real-world information’ refers to data points that exist off-chain. With respect to Analog, this is all the time-bound data that will eventually be submitting for inclusion in our Timegraph. The date of a college degree or the time of purchase of a train ticket are two examples of real-world information that could be submitted to the Analog Network.
A time node is a participant in the network who submits or confirms time data onto the Timegraph. They gather real-world information and submit it to be logged on-chain through the Network Oracles.
Becoming a time node is easy. You’ll just need to download and register on our app before proceeding with the gathering and submitting of your time data.
ANLOG is the native token of the Analog Network. ANLOG underpins the functionality of the Analog protocol by incentivizing the submission and collation of time-bound data points to our Timegraph. Milestone-bound tokens escrowed in our smart contracts are released to participants who submit the information that deepens or broadens the history recorded immutably on our timechain.
The Analog Network refers to the interacting community of participants and technical mechanisms that power Analog and the Timegraph. Our time nodes, oracles, smart contracts, DEX, staking mechanisms and end-users make up the Network.
The Analog Network relies on a wide variety of participants. ANLOG holders stake and incentivize submission of specified data through smart contract delivered token rewards. Time nodes coordinate and validate this data. Users of the Analog API subsequently search and review the outputs from the Timegraph.
An active participant is one who is submitting, incentivizing or validating data on the Network. This contrasts with passive participants who simply use the data outputs.
The Analog Network is highly decentralized. The Network is secured by a proof-of-time mechanism and all data submitted to the Timegraph is submitted by anonymous time nodes and objectively verified by oracles.
The Network is gearing up for deployment. The ANLOG token sale starts on August 26th, 2021, the Analog Dex is targeted for a Q1 2022 release after the Timegraph public API is launched in November 2021.
The Analog Network will initially run on Ethereum and Binance Smart Chain, but will ultimately transition to our own native timechain. Incorporating its own Turing-complete script, this timechain will systematize the running and processing of dApps within the wider crypto space.
The Analog DEX is targeted for deployment in Q1 2022, after which you will be able to stake directly on our platform. In the meantime, various CEXs (TBC) will offer staking services. The rollout of CEX staking options will be announced as they are finalized. We anticipate three platforms being secured by Q1 2022.
Analog is an open-access platform available to anyone. There aren’t any know-your-customer verifications to buy ANLOG, interact with our smart contracts or become a time node. The only requirements are an open internet connection and an Ethereum or Binance Smart Chain-compatible wallet.
The ANLOG smart contract allows for deliberate incentivization of desired behaviors. ANLOG can be held in escrow by the smart contract to be released to participants who submit requested time-bound information. This facilitates a broad range of use cases for the Analog Timegraph, covering finance, education, construction, technology, the environment and much more. Detailed case studies of use cases can be found on our Home Page.
Our community continues to grow and can be found on most of the major social media platforms. Links to our Twitter, Reddit, Telegram, Discord and Analog communities can be found at the bottom of our Home Page.
There are many ways to support Analog. You can contribute your time by volunteering research or community engagement, become a time node by downloading and registering on our app, buy and stake ANLOG in our smart contracts or just spread the Analog word to your family and friends.
There are many ways to participate in building Analog. Details can be found on our Careers page.