Google Cloud & Polygon Team Up for Faster Web3 Innovation

The adoption of blockchain technology has been steadily growing over the past few years. The decentralized applications (dapps) and Web3 products developed using blockchain technology are becoming increasingly popular. However, building and launching these products on Ethereum-based layer 2 blockchain is not an easy task. To make this process more accessible and streamlined, Google Cloud has collaborated with Polygon Labs.

What is Polygon?

Polygon is a leading platform for Ethereum scaling and infrastructure development. It offers fast and low-cost transactions and is compatible with Ethereum-based dapps. It is a layer 2 scaling solution that aims to solve the scalability issues faced by Ethereum. Polygon is also known for its zero-knowledge innovation strategy.

Google Cloud’s Blockchain Node Engine

Google Cloud’s Blockchain Node Engine is a fully managed node hosting service. It is designed to make it easier for developers to build, launch, and expand their dapps and Web3 products on Ethereum-based layer 2 blockchain. This service will be integrated into the Polygon ecosystem, allowing developers to focus on protocol development while maintaining complete control over node deployment.

Collaboration between Google Cloud and Polygon

The collaboration between Google Cloud and Polygon will help developers to develop dapps and Web3 products more easily. This partnership will aid Polygon’s zero-knowledge innovation strategy by allowing it to experiment with and advance it, resulting in potentially quicker and less expensive transactions.

Ryan Wyatt, President of Polygon, said in a statement issued during Consensus 2023 in Austin, Texas, “Today’s announcement with Google Cloud aims to increase transaction throughput enabling use cases in gaming, supply chain management, and DeFi. This will pave the way for even more businesses to embrace blockchain technology through Polygon.”

Google’s Expansion into Web3 Realm

Google, a well-known Web2 giant, has been actively expanding into the Web3 realm. Google has been making more of its technical expertise available to developers to build projects. Recently, Google launched the “Google for Startups Cloud Program.” This program aims to support startups and emerging projects in the Web3 industry to scale their projects quickly and securely.

Collaboration with Celo Foundation

In addition to the partnership with Polygon, the Celo Foundation announced earlier this month that it was collaborating with Google Cloud to offer workshops and cloud computing services to developers and Web3 founders building on Celo. Google’s partnership with Polygon will help the protocol scale and improve its zero-knowledge innovation strategy.

Google Cloud’s Engineering Efforts

According to the statement, Google Cloud’s engineering efforts are focused on improving data availability and enhancing the resilience and performance of scaling protocols like zero-knowledge proofs. Mitesh Agarwal, Managing Director, Customer Engineering, and Web3 Go-to-Market, Asia Pacific of Google Cloud, said, “Google Cloud is helping the industry achieve escape velocity by directing our engineering efforts towards improving data availability and enhancing the resilience and performance of scaling protocols like zero-knowledge proofs.”

Coclusion

In conclusion, the collaboration between Google Cloud and Polygon Labs is a significant step towards making it easier for developers to build, launch, and expand their dapps and Web3 products on Ethereum-based layer 2 blockchain. This partnership will aid Polygon’s zero-knowledge innovation strategy and potentially result in quicker and less expensive transactions. The expansion of Google into the Web3 realm is expected to support the growth of this industry and enable more businesses to embrace blockchain technology.

FAQs

Q1. What is Polygon Labs?

A1. Polygon Labs is a blockchain platform that aims to provide faster and cheaper transactions on Ethereum-based layer 2 blockchain.

Q2. What is Google Cloud’s Blockchain Node Engine?

A2. Google Cloud’s Blockchain Node Engine is a managed node hosting service that allows developers to focus on protocol development while maintaining complete control over node deployment.

Q3. What is the benefit of the partnership between Google Cloud and Polygon?

A3. The partnership between Google Cloud and Polygon will aid Polygon’s zero-knowledge innovation strategy by allowing it to experiment with and advance it, resulting in potentially quicker and less expensive transactions.

Q4. What is Google’s involvement in the Web3 industry?

A4. Google has been actively expanding into the Web3 realm by making more of its technical expertise available to developers to build projects. They recently launched the “Google for Startups Cloud Program,” which aims to support startups and emerging projects in the Web3 industry to scale their projects quickly and securely.

Q5. What is the significance of Google Cloud’s engineering efforts towards zero-knowledge proofs? A5. Google Cloud’s engineering efforts towards improving data availability and enhancing the resilience and performance of scaling protocols like zero-knowledge proofs are significant because they help the industry achieve escape velocity.

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