Google is now a Polygon (MATIC) network validator
Google Cloud has officially taken on the role of validator for Polygon’s (MATIC) layer 2 proof-of-stake (POS) network. Polygon Labs has proudly announced that Google Cloud has joined a league of over 100 validators dedicated to ensuring the security and functionality of this Ethereum Scaling Solution network.
This partnership underscores the importance of having high-quality, trustworthy, and security-focused validators like Google Cloud. Their involvement adds an extra layer of security and confidence for Polygon users who rely on this network for their blockchain operations.
At present, Google Cloud serves as one of the validators on the Polygon PoS network, actively contributing to the network’s overall security, governance, and decentralization alongside the diverse group of over 100 other validators.
In addition to Google Cloud, another prominent validator on the Polygon network is Deutsche Telekom, one of the world’s leading integrated telecommunications companies. Their participation emphasizes the growing support and expansion of Polygon in the blockchain technology sector, underlining their commitment to the broader blockchain ecosystem.
It’s worth noting that this isn’t the first instance of Google Cloud acting as a validator in the blockchain realm. Back in October 2022, the cloud computing giant revealed its role as a validator node on the Solana (SOL) blockchain, further demonstrating its dedication to supporting various blockchain networks.
During the same period, Google Cloud also introduced the Blockchain Node Engine, a fully managed node hosting service tailored for Web3 organizations. Notably, Ethereum became the inaugural blockchain powered by the innovative Blockchain Node Engine, cementing Google Cloud’s ongoing commitment to the blockchain technology landscape.
The collaboration between Google Cloud and Polygon Labs commenced in April with the announcement of a multi-year strategic alliance. This alliance was established to accelerate the widespread adoption of Polygon’s core protocols.
In June, Polygon Labs made another significant announcement. They revealed that blockchain founders and researchers had submitted proposals to transition to Polygon 2.0, a pivotal move aimed at positioning the project as the “value layer of the Internet.”
Polygon, formerly known as Matic Network, stands as a Layer 2 scaling solution and has garnered substantial support from industry giants such as Binance and Coinbase. The primary objective of the Polygon project is to facilitate the broader adoption of cryptocurrencies by resolving scalability challenges that affect various blockchains.
One of Polygon’s unique attributes is its amalgamation of the Plasma framework and proof-of-stake blockchain architecture. The adoption of the Plasma framework, an idea proposed by Ethereum co-founder Vitalik Buterin, makes it easier to execute automated and scalable smart contracts.
Furthermore, the network exhibits an impressive capacity, supporting up to 65,000 transactions per second on a single sidechain. Notably, it achieves this with a block confirmation time of less than two seconds, which is quite commendable.
This flexible framework also empowers the creation of globally accessible decentralized finance applications on a unified platform blockchain, demonstrating Polygon’s commitment to enhancing the blockchain ecosystem.