Google Cloud Becomes an Official Polygon Validator

Google Cloud has recently become an official validator for Polygon (MATIC), a layer-2 blockchain utilizing a proof-of-stake (POS) network.

This addition marks an important milestone for Polygon Labs, as Google Cloud joins over a hundred other validators to enhance the security of the Ethereum (ETH) scaling solution’s network.

The significance of this collaboration lies in the fact that esteemed and security-focused validators such as Google Cloud provide an extra layer of protection for Polygon users.

Notably, this isn’t the first time Google Cloud has taken on the role of a validator. Back in October 2022, they also ran a validator node on the Solana (SOL) blockchain, contributing to the network’s stability.

In that same period, Google Cloud introduced its Blockchain Node Engine, a fully managed node-hosting service tailored for web3 organizations, with Ethereum being the initial blockchain supported.

This partnership between Google Cloud and Polygon Labs has been ongoing since April, when they unveiled a multi-year strategic alliance aimed at accelerating the adoption of core Polygon protocols.

Furthermore, in June, Polygon Labs disclosed that the blockchain’s founders and researchers had proposed a transition plan towards Polygon 2.0, envisioning the project as the “value layer of the internet.” If this proposal receives approval, it will involve an upgrade to the project’s native MATIC token, which will be renamed as POL.

Author

Alexander Stefanov

Reporter at CoinsPress

Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.