In a significant development for the blockchain community, Google Cloud has recently become a validator on the Polygon network. This move, announced by Polygon Labs on September 29, marks a strategic collaboration between two tech giants.
Securing the Polygon Network
Polygon Labs revealed on the X platform that Google Cloud, leveraging the same robust infrastructure that powers YouTube and Gmail, is now an active participant in securing the fast and cost-effective Polygon protocol. This partnership further brings an additional layer of strength to the Polygon proof-of-stake network.
Undoubtedly, validators play a crucial role in securing the Polygon network. By operating nodes, staking MATIC, and engaging in proof-of-stake consensus mechanics, they contribute to the network’s collective security, governance, and decentralization. Notably, Google Cloud, alongside more than 100 other validators, is set to play a key role in shaping the future of the Polygon PoS network.
Growing Validator Community and Ongoing Collaboration and Web3 Vision
The addition of Google Cloud to the Polygon network is a significant milestone. Joining the ranks with other notable validators, such as Deutsche Telekom, Google Cloud reinforces Polygon’s position as a preferred platform for major players in the blockchain space.
Describing the collaboration as ongoing and strategic, Google Cloud emphasizes its commitment to a Web3 future.
A recent YouTube video by Google Cloud Asia Pacific titled
“Polygon Labs is solving for a Web3 future for all” sheds light on the shared vision for the future of blockchain technology.
Polygon 2.0 Initiative Unveiled
Polygon Labs recently introduced its ambitious “Polygon 2.0” initiative aimed at enhancing the Polygon network. In the current phase, known as “Phase 0,” Polygon Improvement Proposals (PIPs) 17-19 take center stage.
Under PIP 17, Polygon is set to further transition from MATIC to the new token POL. This strategic move aligns with the network’s evolution and sets the stage for future developments.
Importantly, PIPs 18 and 19 address critical aspects of the Polygon 2.0 initiative. They involve providing a technical description of POL and updating gas tokens to support the evolving needs of the Polygon network. These changes, outlined in the initiative, are slated to commence in Q4 2023.
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