Polygon Gets Google Cloud As Their New Validator
In a noteworthy development, Google Cloud has partnered with Polygon (MATIC), taking on the role of a decentralized validator for the Polygon Proof of Stake network.
Google Cloud, renowned for its role in empowering widely-used platforms such as YouTube and Gmail, is now leveraging its robust infrastructure to support the fast and cost-effective Polygon protocol, which shares similarities with Ethereum.
Back in June, Polygon acknowledged the importance of off-chain storage as a means to enhance decentralization. Official communication from Google Cloud also confirmed the collaboration, accompanied by a video detailing their joint efforts with the Polygon network.
Despite the persistent challenges posed by the volatility and unpredictability as well as the regulatory scrutiny from the US government towards the crypto market, the partnership between Google Cloud and Polygon Labs underscores the overall increasing interest in the Web3 sphere, a trend that has been growing since late 2022 and continues into 2023.
This collaboration has been ongoing since April of the previous year when both companies entered into a cooperative agreement, marking the commencement of a multi-year partnership. Notably, Polygon Proof-of-Stake nodes have been made accessible through the Google Cloud marketplace, with Polygon being a part of Google Cloud datasets since 2021.
Top News
19 hours ago
More From The News
Press Releases
Payments
New Payment Limit For Crypto Wallets Scrapped
The recent Anti-Money Laundering re... Read more
Bitcoin
Bitcoin Undergoes Price Correction As International Economies
A significant portion of the crypto... Read more
Join Our Newsletter
Get the latest trends and updates on our crypto community.