Google Cloud is now a validator on the Polygon community

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Google Cloud is now a validator on the Polygon community

Polygon Labs introduced on Sept. 29 that Google Cloud has joined the Polygon proof-of-stake community as a validator. 

Google Cloud joins over 100 different validators verifying transactions on its layer-2 Ethereum community.

Per a submit from Polygon Labs on the X platform (formerlly Twitter) saying the partnership:

“The identical infrastructure used to energy @YouTube and @gmail is now serving to to safe the quick, low-cost, Ethereum-for-all Polygon protocol.”

Validators on the Polygon community assist safe the community by working nodes, staking MATIC (MATIC), and collaborating in proof-of-stake consensus mechanics.

The Google Cloud Singapore account confirmed on X that Google Cloud was “now serving as a validator on the Polygon PoS community,” including that it will be “contributing to the community’s collective safety, governance, and decentralization alongside 100+ different validators.”

Supply: Polygon Staking

Whereas a lot of Polygon’s validators are nameless, Google Cloud joins Germany’s Deutsche Telekom, one among Europe’s largest telecommunications corporations, on the community.

For its half, Google Cloud describes its relationship with Polygon Labs as “an ongoing strategic collaboration.” Alongside the announcement that it will be becoming a member of the community as a validator, Google Cloud Asia Pacific additionally launched a YouTube video titled “Polygon Labs is fixing for a Web3 future for all.”

Polygon Labs lately launched its “Polygon 2.0” initiative to replace the Polygon community. As Cointelegraph reported, “Part 0,” the present section, options three Polygon Enchancment Proposals, PIPs 17-19.

PIP 17 entails transitioning from MATIC to the brand new token POL, whereas PIPs 18 and 19 deal with supporting endeavors such because the technical description of POL and updating fuel tokens. Based on Polygon, these adjustments are slated to start going down in This fall 2023.

Associated: Google Cloud provides 11 blockchains to knowledge warehouse ‘BigQuery’