
On Sept. 29 Polygon Labs announced that it's adding Google Cloud to the decentralized group of validators that power its proof-of-stake network.
In a statement, polygon said that Google Cloud is now among more than 100 validators who secure the Polygon PoS Network, a network originally operated under the name Matic Network and which acts as a side-chain to the Ethereum blockchain.
Polygon notes that the infrastructure that powers YouTube and Gmail now powers Polygon PoS. Google Cloud also said that it is a 'high-quality, trusted, security-minded' validator and said that this adds additional security to the network.
The project also linked to a dashboard page indicating that Google Cloud has secured an amount of 10,451 MATIC and earned 29.42 MATIC to date. Although Google Cloud is more recognizable than any of Polygon's other validators, it is still one of the validators with the least amount of MATIC.
The deal appears to have had little if any effect on the value of Polygon's MATIC token. MATIC is up 1.2% in the last 24 hours, while the entire crypto market is up 0.6%.
The two companies began their relationship in April, and the relationship was officially launched. At that time, both firms said the multi-year collaboration would involve numerous goals.
The partners said they would provide cloud services to polygon's zkEVM scaling solution, provide a managed polygon node hosting service to Google Cloud users, and support polygon's dedicated app-chain. The agreement also included $200,000 in Google Cloud credits for polygon-backed startups.
Beyond that collaboration, Google Cloud has also added support for polygon network data to its BigQuery datasets. On Sept. 21 the platform made that addition and introduced support for a total of eleven different sets of blockchain data at that time.
The relationship between Google Cloud and Polygon is extensive but not unique. Google Cloud has established similar Validator partnerships with other blockchain networks like Solana, Voltage, Ronin Network, Tezos, and Celo.