Google Cloud Joins The List of 100-Plus Validators On Polygon's Network
Portfolio Pulse from Khyathi Dalal
Google Cloud, a part of Alphabet Inc., has joined the list of validators on Polygon's Proof-of-Stake (PoS) Network. The same infrastructure used for YouTube and Gmail will be used to secure Polygon's network. This association is expected to have implications for Polygon's switch from a PoS chain to a validium, which relies on off-chain storage solutions for efficiency. The transition should occur by early 2024.
September 30, 2023 | 7:16 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Google's association with Polygon through Google Cloud could enhance its reputation in the crypto space and potentially attract more partnerships.
Google's association with Polygon through Google Cloud could enhance its reputation in the crypto space, potentially attracting more partnerships and increasing its market share.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Google Cloud's partnership with Polygon could enhance its reputation in the crypto space and potentially attract more partnerships.
Google Cloud's partnership with Polygon could enhance its reputation in the crypto space, potentially attracting more partnerships and increasing its market share.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Google Cloud's partnership with Polygon could increase the credibility and security of Polygon's network, potentially leading to an increase in the value of MATIC.
Google Cloud's partnership with Polygon could increase the credibility and security of Polygon's network, potentially leading to an increase in the value of MATIC.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100