{"id":67049,"date":"2023-09-29T22:59:47","date_gmt":"2023-09-30T02:59:47","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/google-cloud-is-a-validator-on-polygons-pos-network\/"},"modified":"2023-09-29T22:59:49","modified_gmt":"2023-09-30T02:59:49","slug":"google-cloud-is-a-validator-on-polygons-pos-network","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=67049","title":{"rendered":"Google Cloud Is A Validator on Polygon\u2019s PoS Network"},"content":{"rendered":"
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Google Cloud joins Polygon\u2019s Proof-of-Stake (PoS) network as one of its decentralized validators.<\/p>\n

In a Sept 29 announcement<\/u><\/a>, 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.\u00a0<\/p>\n

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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.\u00a0<\/p>\n

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\u201cThe same infrastructure used to power @YouTube and @gmail is now helping to secure the fast, low-cost, Ethereum-for-all Polygon protocol.\u201d<\/i><\/p>\n<\/blockquote>\n

The announcement was confirmed by Google Cloud Singapore\u2019s official account<\/a> with a tweet that reads, \u201cWe 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.\u201d\u00a0<\/i><\/p>\n

Google Cloud serving as a validator will take part in the network\u2019s governance role, operate nodes, and stake MATIC.\u00a0<\/p>\n

Google strategic web3 collaboration\u00a0<\/h2>\n

This move is part of Google\u2019s wider plans<\/u> for the blockchain ecosystem as it continues to roll out key partnerships in recent months.<\/p>\n

In April, Google announced offering cloud services for Polygon\u2019s zkEVM scaling solution, support for app chains, and a $200,000 Google Cloud credit funding for Polygon-backed startup.<\/p>\n

It was explained that the cloud service provider will offer node engines and deploy one-click deployment of nodes.\u00a0<\/p>\n

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\u201cGoogle Cloud will help accelerate the adoption of core Polygon protocols w\/ enterprise infrastructure & tools.\u201d\u00a0<\/i><\/p>\n<\/blockquote>\n

Polygon is not the sole beneficiary of Google\u2019s foray into distributed ledger technology (DLT) with the company kicking off deals with Tezos, Solana, Ronin Network, etc.<\/p>\n

Last week, the company expanded blockchain services on its BigQuery adding 11 new networks in addition to Bitcoin, Bitcoin Cash, Ethereum Classic, etc.\u00a0<\/p>\n

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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.\u00a0<\/p>\n

\u201cWe\u2019re 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,\u201d <\/i>the statement reads.\u00a0<\/p>\n

Polygon efforts at scalability\u00a0<\/h2>\n

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.<\/p>\n

Polygon 2.0<\/u> stands out as a major attempt at scalability following claims of creating the value layer of the internet.\u00a0<\/p>\n

It was built to support multiple chains, aiding cross-chain transactions and liquidity without jeopardizing network security and scalability.<\/p>\n

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\u201cPolygon 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.”<\/i><\/p>\n<\/blockquote><\/div>\n