Crypto Google - Google Cloud is now a validator on the Polygon Network.
Google Cloud is now a validator on the Polygon network

Google Cloud Joins Polygon’s Proof-of-Stake Network

On Sept. 29, Polygon Labs announced that Google Cloud has joined its proof-of-stake network as a validator. The Polygon network now has over 100 validators verifying transactions on its layer-2 Ethereum network.

In a post on the X platform (formerly Twitter) announcing the partnership, Polygon Labs stated: “Validators on the Polygon network help secure the network by operating nodes, staking MATIC (MATIC), and participating in proof-of-stake consensus mechanics.”

Google Cloud Joins Polygon Network as Validator

On X, Google Cloud Singapore confirmed that it has joined the Polygon PoS network as a validator, contributing to the network’s security, governance, and decentralization alongside over 100 other validators. Among these validators is Germany’s Deutsche Telekom, one of Europe’s largest telecommunications firms.

Google Cloud is in an ongoing strategic collaboration with Polygon Labs, and Google Cloud Asia Pacific released a YouTube video titled “Polygon Labs is solving for a Web3 future for all.”

The Polygon network recently launched its “Polygon 2.0” initiative, which is currently in its “Phase 0” and features three Polygon Improvement Proposals (PIPs 17-19).

Crypto enthusiasts are abuzz with the news that PIP 17 is transitioning from MATIC to the new POL token, with PIPs 18 and 19 providing support for the technical description of POL and updating gas tokens. According to Polygon, these crypto alerts will begin taking place in Q4 2023.

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