{"id":165476,"date":"2023-09-30T02:32:00","date_gmt":"2023-09-29T21:02:00","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=165476"},"modified":"2023-09-30T02:32:00","modified_gmt":"2023-09-29T21:02:00","slug":"polygon-adds-google-cloud-to-its-validator-set-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/polygon-adds-google-cloud-to-its-validator-set-crypto-news\/","title":{"rendered":"Polygon adds Google Cloud to its validator set &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<p>Polygon Labs announced on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/0xPolygonLabs\/status\/1707747034973757815\">Sept. 29<\/a> that it has added Google Cloud to the decentralized group of validators powering its proof-of-stake Network.<\/p>\n<p>Polygon said in its statement that Google Cloud is now among more than 100 validators who secure the Polygon PoS Network, a network that originally operated under the name Matic Network and which acts as a side-chain to the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/ethereum\/\">Ethereum<\/a> blockchain.<\/p>\n<p>Polygon noted that the infrastructure that powers YouTube and Gmail now powers Polygon PoS in part. It also called Google Cloud a \u201chigh-quality, trusted, [and] security-minded\u201d validator and said that this adds additional security to the network.<\/p>\n<p>The project also linked to an dashboard page indicating that Google Cloud has staked as much as 10,451 MATIC ($5,484) and earned 29.42 MATIC ($15) to date. Though Google Cloud is more recognizable than any of Polygon\u2019s other validators, it is nevertheless one of the validators with the lowest amount of MATIC staked.<\/p>\n<p>The partnership appears to have had little if any effect on the value of Polygon\u2019s MATIC token. MATIC is up 1.2% over 24 hours while the entire crypto market is up 0.6%.<\/p>\n<h2>Polygon and Google Cloud are close partners<\/h2>\n<p>Polygon and Google Cloud initially began their partnership in <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/polygon-partners-with-google-cloud-as-filecoin-breaks-into-cloud-market\/\">April<\/a>. At that time, both companies said the multi-year partnership would involve numerous goals.<\/p>\n<p>The partnership terms indicated that Google Cloud would contribute cloud services to Polygon\u2019s zkEVM scaling solution, provide a managed Polygon node hosting service to Google Cloud users, and support Polygon\u2019s dedicated app-chain. The deal also included $200,000 of funding in Google Cloud credits for Polygon-backed startups.<\/p>\n<p>Beyond that partnership, Google Cloud has also added support for Polygon network data to its BigQuery datasets. The platform made that addition on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/fortune.com\/crypto\/2023\/09\/21\/google-cloud-bigquery-11-blockchains\/\">Sept. 21<\/a> and introduced support for a total of eleven different sets of blockchain data at that time.<\/p>\n<p>The partnership between Polygon and Google Cloud is extensive but not unique. Google Cloud has formed similar validator partnerships with other blockchain networks including but not limited to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/breaking-google-cloud-becomes-a-solana-validator\/\">Solana<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/voltage-partners-with-google-cloud-to-boost-global-bitcoin-lightning-adoption\/\">Voltage<\/a>, Ronin Network, Tezos, and Celo.<\/p>\n<p>The post <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/polygon-adds-google-cloud-to-its-validator-set\/\">Polygon adds Google Cloud to its validator set<\/a> appeared first on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\">CryptoSlate<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Polygon Labs announced on Sept. 29 that it has added Google Cloud to the decentralized group of validators powering its proof-of-stake Network. Polygon said in its statement that Google Cloud is now among more than 100 validators who secure the Polygon PoS Network, a network that originally operated under the name Matic Network and which [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":112168,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-165476","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/165476","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=165476"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/165476\/revisions"}],"predecessor-version":[{"id":165478,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/165476\/revisions\/165478"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/112168"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=165476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=165476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=165476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}