Fun

News Feed - 2023-09-30 02:09:47

Tristan Greene6 hours agoGoogle Cloud is now a validator on the Polygon networkAccording to Polygon, “the same infrastructure used to power YouTube and Gmail” will help secure its network.8277 Total views39 Total sharesListen to article 0:00NewsJoin us on social networksPolygon Labs announced on Sept. 29 that Google Cloud has joined the Polygon proof-of-stake network as a validator. 


Google Cloud joins over 100 other validators verifying transactions on its layer-2 Ethereum network.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


Per a post from Polygon Labs on the X platform (formerlly Twitter) announcing the partnership:“The same infrastructure used to power @YouTube and @gmail is now helping to secure the fast, low-cost, Ethereum-for-all Polygon protocol.”


Validators on the Polygon network help secure the network by operating nodes, staking MATIC (MATIC), and participating in proof-of-stake consensus mechanics.Separately, learn more about our work in the blockchain space, in an ongoing strategic collaboration with @0xPolygonLabs https://t.co/r6yAtUSXEc— Google Cloud Singapore (@GoogleCloud_SG) September 29, 2023


The Google Cloud Singapore account confirmed on X that Google Cloud was “now serving as a validator on the Polygon PoS network,” adding that it would be “contributing to the network’s collective security, governance, and decentralization alongside 100+ other validators.”Source:Polygon Staking


While many of Polygon’s validators are anonymous, Google Cloud joins Germany’s Deutsche Telekom, one of Europe’s largest telecommunications firms, on the network.


For its part, Google Cloud describes its relationship with Polygon Labs as “an ongoing strategic collaboration.” Alongside the announcement that it would be joining the network as a validator, Google Cloud Asia Pacific also released a YouTube video titled “Polygon Labs is solving for a Web3 future for all.”


Polygon Labs recently launched its “Polygon 2.0” initiative to update the Polygon network. As Cointelegraph reported, “Phase 0,” the current phase, features three Polygon Improvement Proposals, PIPs 17-19.


PIP 17 involves transitioning from MATIC to the new token POL, while PIPs 18 and 19 address supporting endeavors such as the technical description of POL and updating gas tokens. According to Polygon, these changes are slated to begin taking place in Q4 2023.


Related:Google Cloud adds 11 blockchains to data warehouse ‘BigQuery’# Blockchain# Google# Ethereum# DeFi# Polygon# ValidatorAdd reactionAdd reactionRead moreWhat are NFT royalties, and how do they work?How AI is changing crypto: Hype vs. realityDAOs need to learn from Burning Man for mainstream adoption

News Feed

As Meta’s Threads celebrates 1st anniversary, will it now challenge X?
Helen Partz11 hours agoAs Meta’s Threads celebrates 1st anniversary, will it now challenge X?Despite Threads hitting 175 million monthly active users, it’s still too early to say whether it could become another X one
Exposure to -1x the Daily Performance: Bitcoin.com Exchange Adds Inverse Token BTCSHORT
Exposure to -1x the Daily Performance: Bitcoin.com Exchange Adds Inverse Token BTCSHORTDuring the last few months, Bitcoin.com’s cryptocurrency exchange has added a number of
Using a VPN May Get Israeli Crypto Traders in Trouble
Using a VPN May Get Israeli Crypto Traders in Trouble Do you use a VPN? It’s a privacy-enhancing tool that everyone should be using, especially those with digital assets. O
David Attlee14 hours agoThailand to start taxing overseas income next year, including from cryptoAny person who resides in Thailand for up to 180 days, would be subject to personal income tax on foreign assets, including
Brayden Lindrea6 hours agoMarathon Digital sees 670% revenue gain in Q3 as Bitcoin production surgesMarathon announced a 467% increase in Bitcoin production year-on-year in the third quarter, while hashrate rose over 400
Alice Ivey11 hours agoA brief history of the internetGain insights into the key milestones and trends that have shaped the internet into the global phenomenon it is today.422 Total views2 Total sharesListen to article 0:
Dex Aggregator 1inch to Utilize Ethereum Scaling Solution Optimism
Dex Aggregator 1inch to Utilize Ethereum Scaling Solution Optimism On August 17, the decentralized exchange (dex) aggregator 1inch announced the platform will le
US Central Bank Raises Rates by Half a Percentage Point, Fed’s Powell Says Similar Hikes Are on the Table
US Central Bank Raises Rates by Half a Percentage Point, Fed"s Powell Says Similar Hikes Are on the Table The U.S. Federal Reserve raised the benchmark interest rate on Wednesday a
Bitcoin miners could dump $5B in BTC after halving: 10x Research
Martin Young5 hours agoBitcoin miners could dump $5B in BTC after halving: 10x ResearchBitcoin miner selling could last for four to six months after the halving, amounting to as much as $5 billion worth, according to an
Nivesh Rustgi7 hours agoSolana price hits a 2023 high, but do strong fundamentals back the SOL rally?SOL’s price rallied to a year-to-date high above $30, but Solana’s struggle with increasing its user stats calls th
Bitcoin Miners Catch a Break as Mining Difficulty Drops for the First Time in 3 Months
Bitcoin Miners Catch a Break as Mining Difficulty Drops for the First Time in 3 Months Bitcoin miners got a small break on March 3, after the network’s mining difficulty shi
XRPL Hits 2.8 Billion Flawless Transactions—Big Players Are Paying Attention
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu