Google Cloud is now a validator in the Polygon network. According to Polygon, “the same infrastructure used to power YouTube and Gmail” will help secure its network. This development marks a very important milestone for Polygon, the Ethereum layer-2 solution.
Google Cloud is now Polygon’s validator
Polygon Labs announced on September 29 that Google Cloud has joined the Polygon PoS network as a validator. Google Cloud thus joins more than 100 other validators that verify transactions on the L2 Ethereum network. In this regard, Polygon shared the following announcement:
This month, Google Cloud became part of the decentralized validator set for Polygon PoS. The same infrastructure used to power YouTube and Gmail now helps secure the fast, low-cost, publicly available Ethereum Polygon protocol. A large company like Google Cloud has joined more than 100 validators securing the Polygon PoS Network.
This month, @GoogleCloud became part of the decentralized validator set for Polygon PoS.
The same infrastructure used to power @YouTube oath @gmail is now helping to secure the fast, low-cost, Ethereum-for-all Polygon protocol.
With 100+ validators securing the Polygon PoS…
— Polygon (Labs) (@0xPolygonLabs) September 29, 2023
The parties proudly announced the development
Validators on the Polygon network operate the nodes. Thus, by staking MATIC and participating in proof-of-stake consensus mechanics, it helps secure the network. He shared the development from his X account on Google Cloud:
We currently serve as a validator on the Polygon PoS network and contribute to the collective security, governance and decentralization of the network along with over 100 other validators.
Separately, learn more about our work in the blockchain space, in an ongoing strategic collaboration with @0xPolygonLabs https://t.co/r6yAtUSXEc
— Google Cloud Singapore (@GoogleCloud_SG) September 29, 2023
Google Cloud Singapore confirmed that the company “now serves as a validator on the Polygon PoS network.” He added that it, along with more than 100 other validators, will contribute to the collective security, governance and decentralization of the network.
Amid Google Cloud collaboration, Polygon updates itself
By the way, it should be noted that most validators are anonymous. With this, cryptokoin.com As we recently reported, Google Cloud is joining Germany’s Deutsche Telekom, one of Europe’s largest telecommunications companies, on the Polygon network. GoogleCloud describes its relationship with Polygon Labs as an “ongoing strategic collaboration.” In addition to announcing that it will join the network as a validator, Google Cloud APAC also published a YouTube video titled “Polygon Labs is building solutions for a Web3 future for everyone.”
Polygon Labs recently launched the “Polygon 2.0” initiative to update the Polygon network. Accordingly, the current phase, “Phase 0”, includes three Polygon Improvement Proposals (PIPs), namely PIP 17-19. PIP 17 includes the transition from MATIC to the new token POL. PIP 18 and 19 address supporting efforts such as the technical clarification of POL and the update of gas tokens. According to Polygon, these changes are scheduled to start happening in Q4 2023.
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