{"id":165651,"date":"2023-09-30T10:50:19","date_gmt":"2023-09-30T05:20:19","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=165651"},"modified":"2023-09-30T10:50:19","modified_gmt":"2023-09-30T05:20:19","slug":"google-cloud-is-now-a-polygon-validator-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/google-cloud-is-now-a-polygon-validator-crypto-news\/","title":{"rendered":"Google Cloud is now a Polygon validator &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Polygon announced Friday that Google Cloud is officially a validator for the proof-of-stake sidechain.\u00a0<\/p>\n<p>This comes months after T-Mobile\u2019s parent company, Deutsche Telekom, also became a validator, showing that Polygon is consistently attracting the interest of large technology firms.<\/p>\n<p>Polygon took to X to share the news, saying that the same infrastructure that powers YouTube and Gmail, both products boasting billions of users, will now be helping secure its own network.\u00a0<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\" \/>\n<p>Google Cloud has staked just over $5,300 worth of <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blockworks.co\/price\/matic\">MATIC<\/a> on Polygon so far, according to Polygon\u2019s staking <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/staking.polygon.technology\/validators\/157\">dashboard<\/a>.\u00a0\u00a0<\/p>\n<p>Besides being another big tech name being attached to Polygon, Google\u2019s involvement could have implications for <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blockworks.co\/news\/polygon-validum-zk-tech-future\">Polygon\u2019s anticipated switch from a PoS chain to a validium<\/a>.<\/p>\n<p><strong>Read more:<\/strong> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blockworks.co\/news\/deutsche-telekom-polygon-validator\">T-Mobile parent joins Polygon blockchain as validator<\/a><\/p>\n<p>Validiums are similar to zero-knowledge proofs, but they diverge in how they store data. Instead of storing data on Ethereum, validiums rely on off-chain storage solutions, which makes the blockchain less clogged and more efficient.\u00a0<\/p>\n<p>Polygon did acknowledge the need for off-chain storage as a decentralization tradeoff in a June <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/polygon.technology\/blog\/polygon-2-0-polygon-pos-zk-layer-2\">blog<\/a>. Plus, since only the proofs are stored on-chain, rather than the underlying data, validiums don\u2019t benefit from the security of Ethereum.<\/p>\n<p>Still, when the transition to a zkEVM validium goes through, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blockworks.co\/news\/polygon-pos-to-validium\">perhaps by early 2024<\/a> according to Polygon Labs, Google Cloud will be among 100 other validators securing the chain and guaranteeing data availability.<\/p>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\n<p><strong>Don\u2019t miss the next big story \u2013 join our\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blockworks.co\/newsletter?source=end\">free daily newsletter<\/a>.<\/strong><\/p>\n<p><strong>Follow Sam Bankman-Fried\u2019s trial with the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blockworks.co\/tag\/sbf-trial\">latest news from the courtroom<\/a>.\u00a0<\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Polygon announced Friday that Google Cloud is officially a validator for the proof-of-stake sidechain.\u00a0 This comes months after T-Mobile\u2019s parent company, Deutsche Telekom, also became a validator, showing that Polygon is consistently attracting the interest of large technology firms. Polygon took to X to share the news, saying that the same infrastructure that powers YouTube [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":165652,"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-165651","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\/165651","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=165651"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/165651\/revisions"}],"predecessor-version":[{"id":165654,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/165651\/revisions\/165654"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/165652"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=165651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=165651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=165651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}