Flare The developer team behind the project announced their agreement with Google Cloud, the cloud computing division of technology giant Alphabet. Cloud will play a dual role in the network. Google Cloud will contribute to Flare Time Series Oracle (FTSO) and create a validator on the Flare network will be.
Flare onboards @GoogleCloud as an infrastructure provider to validate the network and contribute to the Flare Time Series Oracle.
NEWS CONTINUES BELOWEnshrining decentralized data delivery in a dual role with network validation is what makes Flare the Blockchain For Data.https://t.co/bJF9yX7GrX pic.twitter.com/oGySMD4vVq
— Flare ☀️ (@FlareNetworks) January 15, 2024
NEWS CONTINUES BELOW
As a network authenticator Google CloudIt will propose and verify new transaction blocks on the Flare network. This requires supporting the chain’s proof-of-stake consensus mechanism.
He also noted that the role of infrastructure providers is crucial to the mission of providing dApps with the ultimate access to decentralized data. This covers a wide range of information, including blockchain status and price time series data.
Flare stands out by combining cost-effective EVM smart contracts with decentralized data. Its main purpose is to provide users with reliable access to a comprehensive set of data.
Flare’s FLR token is up 7% in the last 24 hours, CoinMarketCap data shows.