CDS Collaboration Google Cloud Joins Celo Network as a Validator
CollaborationCrypto News

Google Cloud Joins Celo Network as a Validator

Google Cloud is running a validator on Celo Network.

615
Google Cloud Joins Celo Network As A Validator

On Wednesday, the Celo Foundation made an exciting announcement stating that Google Cloud, Google’s computing cloud service, has joined the Celo network as a validator. This collaboration brings Google Cloud alongside other ecosystem contributors, including Deutsche Telekom, to further strengthen the security and verification of new transactions on the Celo blockchain.

Google Cloud Joins Celo Network as a Validator

This move by Google Cloud Joins Celo Network. In the past, the two entities have collaborated on several initiatives, including providing workshops and cloud computing services to developers and Web3 founders building on the Celo network.

The Celo network has recently approved a proposal to transition from its independent blockchain to an Ethereum layer-2 solution. This migration aims to simplify liquidity sharing between the Celo network and Ethereum while bolstering overall security.

To facilitate and accelerate this transition, cLabs, the team behind Celo, will utilize Google Cloud’s Blockchain Node Engine, a fully managed node-hosting service. By using this engine, node operations for Celo participants will become more efficient, as it will relay transactions without waiting for nodes to sync.

“At Google Cloud, we’re focused on strengthening the Web3 ecosystem by offering founders and developers the tools they need to scale their applications. Running a validator on the Celo network builds on our collaboration with the Celo Foundation, and we look forward to helping to enable the growth of the network.

Carlos Arena, director of digital assets at Google Cloud
Google Cloud Joins Celo Network As A Validator
Sources:coindesk

Leave a comment

Leave a Reply

Related Articles

Sui Blockchain Faces First Major Outage: What Happened and What’s Next

Sui blockchain faces its first major outage—learn what happened, the impact on...

MicroStrategy Stock Reaches New High as Bitcoin Surges Above $98,000

MicroStrategy’s stock surged to a new all-time high as Bitcoin reached $98,000,...

Mysten Labs Resolves Sui Blockchain Outage, dApps Resume Functioning

Mysten Labs Resolves Sui Blockchain Outage, dApps Resume Functioning

Top 3 Cryptos on November 21: Qubetics Soars as Ethereum and Solana Face Resistance

Top 3 Cryptos on November 21: Qubetics Soars as Ethereum and Solana...