Introduction
Google Cloud has joined the Polygon Proof of Stake (PoS) network as a validator, according to recent news articles. This partnership is significant as it highlights the growing acceptance of the Polygon protocol as a secure and efficient blockchain protocol.
Background
Polygon is a layer 2 scaling solution for Ethereum that aims to provide faster, cheaper, and more scalable transactions for decentralized applications (dApps). Polygon uses a PoS consensus mechanism that relies on validators to secure the network and process transactions. Validators are nodes that stake MATIC, the native token of Polygon, and participate in the network’s governance.
Google Cloud is one of the leading cloud service providers in the world, offering various products and services for data analytics, machine learning, cloud computing and blockchain. Google Cloud has been actively involved in the blockchain ecosystem, partnering with several projects and platforms to provide cloud infrastructure and support.
Details
According to a press release by Polygon Labs, Google Cloud will become one of the 100+ validators that helps secure the blockchain leveraging Google’s reputation for security services in several areas. Google Cloud Singapore’s official account confirmed that Google Cloud will be “contributing to the network’s collective security, governance, and decentralization alongside 100+ other validators”.
As a validator, Google Cloud will take part in the network’s governance role, operate nodes, and stake MATIC. Polygon will utilize the same infrastructure used to power Gmail and YouTube, increasing user confidence as the Ethereum layer 2 battle thickens.
Google has been expanding its blockchain initiatives through strategic collaborations in the past few months. This is part of its broader vision for the blockchain ecosystem. 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.
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. The company added more blockchain services to its BigQuery. It now has 11 more networks besides Bitcoin and others. The company said this will help developers use public data from different chains. They can make dApps and smart contracts faster.
Conclusion
Google Cloud joining Polygon’s PoS network as a validator is a significant development that highlights the growing acceptance of Polygon protocol as a secure and efficient blockchain protocol. Google wants to work with more blockchain companies. It has made some deals with them lately.