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Polygon Labs introduced on Sept. 29 that it has added Google Cloud to the decentralized group of validators powering its proof-of-stake Community.
Polygon stated in its assertion that Google Cloud is now amongst greater than 100 validators who safe the Polygon PoS Community, a community that initially operated underneath the identify Matic Community and which acts as a side-chain to the Ethereum blockchain.
Polygon famous that the infrastructure that powers YouTube and Gmail now powers Polygon PoS partially. It additionally known as Google Cloud a “high-quality, trusted, [and] security-minded” validator and stated that this provides further safety to the community.
The mission additionally linked to an dashboard web page indicating that Google Cloud has staked as a lot as 10,451 MATIC ($5,484) and earned 29.42 MATIC ($15) to this point. Although Google Cloud is extra recognizable than any of Polygon’s different validators, it’s nonetheless one of many validators with the bottom quantity of MATIC staked.
The partnership seems to have had little if any impact on the worth of Polygon’s MATIC token. MATIC is up 1.2% over 24 hours whereas all the crypto market is up 0.6%.
Polygon and Google Cloud are shut companions
Polygon and Google Cloud initially started their partnership in April. At the moment, each firms stated the multi-year partnership would contain quite a few targets.
The partnership phrases indicated that Google Cloud would contribute cloud companies to Polygon’s zkEVM scaling resolution, present a managed Polygon node internet hosting service to Google Cloud customers, and assist Polygon’s devoted app-chain. The deal additionally included $200,000 of funding in Google Cloud credit for Polygon-backed startups.
Past that partnership, Google Cloud has additionally added assist for Polygon community information to its BigQuery datasets. The platform made that addition on Sept. 21 and launched assist for a complete of 11 totally different units of blockchain information at the moment.
The partnership between Polygon and Google Cloud is intensive however not distinctive. Google Cloud has shaped comparable validator partnerships with different blockchain networks together with however not restricted to Solana, Voltage, Ronin Community, Tezos, and Celo.
The submit Polygon provides Google Cloud to its validator set appeared first on CryptoSlate.
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