Analog Description
The Timechain functions as an open network where a fluid assembly of validators, referred to as time nodes, follow the nominated Proof-of-Stake (NPoS) consensus mechanism, eventually transitioning to the Proof-of-Time (PoT) protocol. Anyone who has achieved a certain ranking score and has staked $ANLOG tokens can take part in securing this network. The security of the Analog Network is upheld through the use of threshold cryptography, an innovative consensus protocol, and vigilant validator observers (sentinels) — all backed by strict validator security protocols, comprehensive audits, and bug bounty programs. Developers have the flexibility to adjust their dApp's security configurations, including the count of chronicle workers involved in threshold cryptography, to suit their needs. Additionally, the Analog Network offers a consolidated API known as the Watch API, which enhances visibility into data from any connected blockchain via a user-friendly interface. By utilizing the Watch SDK alongside this streamlined API, developers can effortlessly create and expand their cross-chain applications. This integrated approach not only promotes security but also enhances the overall functionality of cross-chain interactions.
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