Google Cloud Becomes Polygon (MATIC) Network Validator Following Similar Service Launch for Solana (SOL) a Year Ago
Google Cloud Officially Joins Polygon (MATIC) Proof-of-Stake (POS) Network as a Validator
Polygon Labs says that Google Cloud now joins more than 100 other validators in securing the Ethereum (ETH) scaling solution’s network.
The project notes that “high-quality, trusted, security-minded validators like Google Cloud provide an added layer of security” for Polygon users.
"Google Cloud's Role as Validator Extends Beyond Polygon (MATIC) with Prior Support for Solana (SOL) and Introduction of Blockchain Node Engine
In October 2022, Google Cloud expanded its validator services by running a node on the Solana (SOL) blockchain, contributing to network stability.
Simultaneously, Google Cloud launched the Blockchain Node Engine in the same month, a fully managed node-hosting service tailored for web3 organizations. Ethereum became the inaugural blockchain supported by this engine.
The partnership between Google Cloud and Polygon Labs began in April, marked by a multi-year strategic alliance aimed at accelerating the adoption of core Polygon protocols.
Polygon Labs took a significant step in June by submitting a proposal for the transition to Polygon 2.0, which envisions the project evolving into the 'value layer of the internet.' Pending approval, this transition would involve upgrading the native MATIC token and renaming it to POL.
As of the present writing, MATIC is trading at $0.527, ranking 14th in terms of market capitalization, with a 1.68% gain over the last 24 hours."
Oct 01, 2023
