Polygon is bringing onboard a powerful new validator to help secure its layer-2 scaling network. Polygon Labs recently revealed that Google Cloud has joined as a validator on the proof-of-stake blockchain.
Google Cloud will operate a node and participate in consensus alongside over 100 other validators. Polygon stated that the infrastructure used by Google’s popular apps will now help bolster its low-cost, Ethereum-compatible network.
Validators like Google Cloud stake MATIC tokens and verify transactions on Polygon. They play a crucial role in decentralization, security, and governance.
Google Cloud joins Deutsche Telekom and other major companies validating on Polygon. Its involvement lends further credibility and decentralization to Polygon as a scaling solution.
Polygon enables fast, low-cost Ethereum transactions. As Ethereum works to scale via sharding, layer-2s like Polygon are critical for meeting surging demand.
Google Cloud described its collaboration with Polygon Labs as an “ongoing strategic” one. This likely marks increased blockchain involvement from the tech giant.
Polygon recently unveiled Polygon 2.0 to transition the network to a new native token called POL. The upgrades will roll out in Q4 2023, starting with the token migration.
With Google Cloud now on board, Polygon continues strengthening its position amidst growing layer-2 competition. Its landmark partnership with Disney also boosted mainstream credibility.
