Polygon Labs adds Google Cloud to its decentralized group of validators

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Polygon Labs adds Google Cloud to its decentralized group of validators

On Sept. 29 polygon Labs announced that it has added Google Cloud to the decentralized group of validators that power its proof-of-stake network.

The company 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 said that YouTube and Gmail now powers Polygon PoS in part. Google Cloud was also described as a 'high-quality, trusted, security-minded' validator and said that this adds additional security to the network.

It also linked to a dashboard page indicating that Google Cloud has earned 29.42 MATIC to date and has staked as much as 10,451 MATIC. Although Google Cloud is more recognizable than any of Polygon's other validators, it is still one of the validators with the lowest amount of MATIC staked.

The partnership appears to have had little if any effect on the value of Polygon's MATIC token. MATIC is up 1.2% over the last 24 hours, while the entire crypto market is up 0.6%.

In April, the partnership between Google Cloud and Polygon began. At that time, both companies said that the multi-year collaboration would encompass numerous objectives.

The collaboration agreement said that Google Cloud would contribute 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 deal also included $200,000 in Google Cloud credits for polygon-backed startups.

Beyond that partnership, Google Cloud has also added support for polygon network data to its BigQuery datasets. The platform made it available on Sept. 21 and introduced support for a total of eleven different sets of blockchain data at that time.

The partnership between Google Cloud and Polygon is extensive but not unique. Google Cloud has similar Validator partnerships with other blockchain networks such as Solana, Voltage, Ronin Network, Tezos, and Celo.