Google Cloud Partners with Polygon Labs to Validate Transactions on Layer-2 Ethereum Network

Polygon Labs recently announced a significant development for the Polygon Proof of Stake (PoS) network as it partners with Google Cloud to validate transactions on the Layer-2 Ethereum network.

This partnership signifies the growing acceptance of the Polygon protocol and an essential collaboration with a tech giant. Polygon highlights that it will use “the same infrastructure that powers YouTube and Gmail” to secure its network.

With Google Cloud joining Polygon as a validator, the blockchain community notes the fusion of tech giants and emerging platforms. Google Cloud, renowned for supporting digital giants like YouTube and Gmail, now bolsters the secure and efficient Polygon protocol

In a tweet, Polygon Labs stated

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 | Aggregated (@0xPolygon) September 29, 2023

This strategic collaboration is part of Google Cloud’s ongoing commitment to Polygon Labs. Google Cloud Asia Pacific further emphasized this partnership with a YouTube video titled “Polygon Labs is solving for a Web3 future for all.”

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

Polygon Labs Ongoing Developments

Polygon Labs has recently unveiled the “Polygon 2.0” initiative to enhance the network’s architecture. “Phase 0” of this initiative includes three Polygon Improvement Proposals (PIPs 17-19). PIP 17 involves transitioning from MATIC to the new token POL, while PIPs 18 and 19 address technical descriptions of POL and gas token updates. These improvements are scheduled to commence in Q4 2023.

Google Cloud and 100+ validators ensure robust support for the integrity, consensus, and security of the Polygon PoS network.

Validators play a crucial role in PoS networks by validating transactions, ensuring safety, and maintaining network integrity. They are incentivized to follow network rules, as their staked funds act as collateral and can be slashed for malicious activities.

Polygon has made significant strides in 2023, solidifying its position in the blockchain industry through strategic partnerships and technological advancements.

Its zero-knowledge Ethereum Virtual Machine (zkEVM) public beta release in March promises improved scalability and efficiency. Additionally, the “Polygon 2.0” initiative demonstrates Polygon’s ongoing commitment to innovation and development, with Phase 0 comprising essential Polygon Improvement Proposals.

Polygon’s advancements, along with Google Cloud’s involvement, solidify its stature in the blockchain sector, bolstering security and credibility