Google is now a Polygon Validator
Google Cloud joins Polygon as a validator, contributing its robust infrastructure to secure the fast, low-cost Ethereum transactions on the Polygon protocol.
On September 29th, Polygon Labs made an official announcement that Google Cloud had joined the Polygon proof-of-stake network as a validator. This means that the same robust infrastructure that powers platforms like YouTube and Gmail will now contribute to securing the Polygon protocol, which is known for its fast, low-cost Ethereum transactions.
This month, @GoogleCloud became part of the decentralized validator set for Polygon PoS.
The same infrastructure used to power @YouTube and @gmail is now helping to secure the fast, low-cost, Ethereum-for-all Polygon protocol.
With 100+ validators securing the Polygon PoS… — Polygon (Labs) (@0xPolygonLabs) September 29, 2023
Google Cloud's entry into the Polygon network is a collaborative partnership. It joins a robust group of over 100 validators that are responsible for verifying transactions on Polygon's layer-2 Ethereum network. These validators play a crucial role in maintaining the network's integrity by operating nodes, staking the MATIC token, and participating in the proof-of-stake consensus mechanisms.
Google Polygon Staking
Google Cloud Singapore, through its official account, confirmed its new role on the Polygon PoS network. The statement highlighted Google Cloud's commitment to contributing to the network's collective security, governance, and decentralization.
We are now serving as a validator on the Polygon PoS network, contributing to the network's collective security, governance, and decentralization alongside 100+ other validators. https://t.co/l3wkW3GfpA — Google Cloud Singapore (@GoogleCloud_SG) September 29, 2023
Interestingly, while many validators on the Polygon network choose to remain anonymous, Google Cloud's entry follows other notable names like Germany's Deutsche Telekom, one of Europe's leading telecommunications firms.
Google Cloud's relationship with Polygon Labs is described as an "ongoing strategic collaboration." This partnership is not limited to validation services. Alongside the announcement of its validator role, Google Cloud Asia Pacific released a YouTube video titled "Polygon Labs is solving for a Web3 future for all." The team recently unveiled its "Polygon 2.0" initiative, aimed at updating and enhancing the Polygon network. The current phase, known as "Phase 0," introduces three Polygon Improvement Proposals (PIPs 17-19).
These proposals encompass a range of updates, including transitioning from the MATIC token to a new token called POL. Additionally, PIPs 18 and 19 focus on technical descriptions of POL and updates to gas tokens. According to Polygon's roadmap, these changes are expected to roll out in the fourth quarter of 2023.