Google Cloud Joins Polygon as Validator, Strengthening Security

Google Cloud strengthens Polygon as a validator, enhancing network security and driving adoption. The partnership leads to a minor uptick in MATIC price, indicating a potential recovery period for the cryptocurrency.

Posted 9 months ago in Blockchain

Google Cloud logo alongside Polygon logo

Google Cloud has partnered with Polygon as a decentralized validator, boosting the security of the network. As a trusted validator, Google Cloud will verify transactions and enhance the security of Heimdall, Bor, and Polygon PoS users. This collaboration further strengthens the credibility of Polygon and drives adoption. It is noteworthy that Google Cloud's stake in Polygon is relatively modest, with 10,451 MATIC staked, earning 30.01 MATIC. Google Cloud's involvement in the blockchain space expands with this partnership, as it has previously partnered with platforms like Solana. Polygon continues to attract the interest of large technology firms, with Deutsche Telekom also becoming a network validator. The news of Google Cloud joining Polygon as a validator has caused a minor uptick in the price of MATIC, signaling a potential recovery period for the cryptocurrency.

Last updated 9/30/2023, 2:27:48 PM


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