• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Google Cloud Is A Validator on Polygon’s PoS Network

September 30, 2023
in Crypto News
Reading Time: 3min read
0 0
A A
0
Google Cloud Is A Validator on Polygon’s PoS Network
0
SHARES
5
VIEWS
ShareShareShareShareShare
Source: AdobeStock / Mahoa Creative

Google Cloud joins Polygon’s Proof-of-Stake (PoS) network as one of its decentralized validators.

In a Sept 29 announcement, the tech giant will become one of the 100+ validators that helps secure the blockchain leveraging Google’s reputation for security services in several areas. 

Per the official release Polygon will utilize the same infrastructure used to power Gmail and YouTube increasing user confidence as the Ethereum layer 2 battle thickens. 

“The same infrastructure used to power @YouTube and @gmail is now helping to secure the fast, low-cost, Ethereum-for-all Polygon protocol.”

The announcement was confirmed by Google Cloud Singapore’s official account with a tweet that reads, “We are now serving as a validator on the Polygon PoS network, contributing to the network’s collective security, governance, and decentralization alongside 100+ other validators.” 

Google Cloud serving as a validator will take part in the network’s governance role, operate nodes, and stake MATIC. 

Google strategic web3 collaboration 

This move is part of Google’s wider plans for the blockchain ecosystem as it continues to roll out key partnerships in recent months.

In April, Google announced offering cloud services for Polygon’s zkEVM scaling solution, support for app chains, and a $200,000 Google Cloud credit funding for Polygon-backed startup.

It was explained that the cloud service provider will offer node engines and deploy one-click deployment of nodes. 

“Google Cloud will help accelerate the adoption of core Polygon protocols w/ enterprise infrastructure & tools.” 

Polygon is not the sole beneficiary of Google’s foray into distributed ledger technology (DLT) with the company kicking off deals with Tezos, Solana, Ronin Network, etc.

Last week, the company expanded blockchain services on its BigQuery adding 11 new networks in addition to Bitcoin, Bitcoin Cash, Ethereum Classic, etc. 

According to the company, the move will give developers faster access to public data across multiple chains as they begin building decentralized applications (dApps) and creating smart contracts. 

“We’re doing this because blockchain foundations, Web3 analytics firms, partners, developers, and customers tell us they want a more comprehensive view across the crypto landscape, and to be able to query more chains. They want to answer complex questions and verify subjective claims,” the statement reads. 

Polygon efforts at scalability 

With recent competition and upgrades in the market, including the Ethereum ecosystem with the launch of Holesky testnet to make the platform more scalable, Polygon offered more services to build user adoption.

Polygon 2.0 stands out as a major attempt at scalability following claims of creating the value layer of the internet. 

It was built to support multiple chains, aiding cross-chain transactions and liquidity without jeopardizing network security and scalability.

“Polygon 2.0 is a network of ZK-powered L2 chains, unified via a novel cross-chain coordination protocol. For a user, the entire network will feel like using a single chain.”


Credit: Source link

ShareTweetSendPinShare
Previous Post

Bitcoin Price To Reach $170,000 in 2025

Next Post

Do Kwon dismisses Slack chat records as irrelevant evidence

Next Post
Do Kwon dismisses Slack chat records as irrelevant evidence

Do Kwon dismisses Slack chat records as irrelevant evidence

You might also like

Bitfinex Says Expect Bullish Q4 as Bitcoin on Track for Significant Move

Bitcoin’s Bullish Signals Strengthen Despite Recent Hash Rate Dip

April 27, 2026
Bitcoin Stalls At $77K As Major On-Chain Resistance Kicks In

Bitcoin Stalls At $77K As Major On-Chain Resistance Kicks In

April 26, 2026
Grayscale’s Zcash Trust Just Doubled Its Volume as Shielded Supply Hit an All-Time High: Is $400 the Next Target?

Grayscale’s Zcash Trust Just Doubled Its Volume as Shielded Supply Hit an All-Time High: Is $400 the Next Target?

April 30, 2026
Bitcoin On Morgan Stanley’s Balance Sheet? The Answer Is Getting Interesting

Bitcoin On Morgan Stanley’s Balance Sheet? The Answer Is Getting Interesting

April 30, 2026
Why The 42% Crash From ATH Is Actually Good For Bitcoin And The Crypto Market

Why The 42% Crash From ATH Is Actually Good For Bitcoin And The Crypto Market

April 27, 2026
Uniswap (UNI) Price Rallies 6.53% – Is Now the Time to Buy? Comprehensive Analysis & Trading Insights

PEPE Price Prediction: Data Crisis Forces Trading Halt – Zero Price Feeds Signal Market Breakdown

April 29, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Bitcoin Whales’ Buying Appetite Returns, On-Chain Data Shows

Bitcoin Price Yet To Bottom Based On MVRV Bands — $43K Still Possible?

May 2, 2026

Dogecoin Inverted Scale Shows A Sharp Drop, But Something is Interesting About This Chart

May 2, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.