Polygon Labs announced on September 29 that it has added Google Cloud to the decentralized group of validators that power its proof-of-stake network.
Polygon said in its statement that Google Cloud is now one of more than 100 validators securing the Polygon PoS Network, a network that originally operated under the name Matic Network and serves as a sidechain to the Ethereum blockchain.
Polygon noted that the infrastructure powering YouTube and Gmail now partially powers Polygon PoS. It also called Google Cloud a “high-quality, trusted, [and] security-minded” validator and said this adds extra security to the network.
The project also linked to a dashboard page showing that Google Cloud has deployed as much as 10,451 MATIC ($5,484) and has earned 29.42 MATIC ($15) so far. While Google Cloud is more recognizable than any of Polygon’s other validators, it is still one of the validators with the lowest number of MATIC deployments.
The partnership appears to have had little or no effect on the value of Polygon’s MATIC token. MATIC is up 1.2% in 24 hours, while the entire crypto market is up 0.6%.
Polygon and Google Cloud are close partners
Polygon and Google Cloud initially began their partnership in April. At the time, both companies said the multi-year partnership would include numerous goals.
The partnership terms indicated that Google Cloud would contribute cloud services to Polygon’s zkEVM scaling solution, provide a managed Polygon node hosting service to Google Cloud users, and support Polygon’s dedicated app chain. The deal also included $200,000 in funding in Google Cloud credits for Polygon-backed startups.
In addition to that partnership, Google Cloud has also added support for Polygon network data to its BigQuery datasets. The platform made that addition 21st of September and introduced support for a total of eleven different sets of blockchain data at the time.
The collaboration between Polygon and Google Cloud is extensive but not unique. Google Cloud has formed similar validator partnerships with other blockchain networks, including but not limited to Solana, Voltage, Ronin Network, Tezos, and Celo.
The post Polygon Adds Google Cloud to Its Validator Set appeared first on CryptoSlate.