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- Recently, Google Cloud announced that it is running a block-producing Solana Validator to participate in and validate the network.
- Google Cloud further added about the additional information in its recent twitter thread.
Google Cloud Platform is a suite of cloud computing services that runs on the same infrastructure that Google uses internally for its end-user products. On November 05, 2022, Google Cloud, shared a tweet in its unique way, which was “Hey Anatoly Yakovenko, Should we tell our followers the big news?”
In continuation, Google Cloud added in the twitter thread as it received the attention so it made the announcement that it is running Solana Validato to participate in and validate the network.
But here, the announcement did not end. Google Cloud further added that as it is working with Solana to bring Blockchain Node Engine to the Solana chain next year, so it will be easy for anyone to launch a dedicated Solana node in the cloud.
Google Cloud’s Blockchain Node Engine
On October 28, 2022, in the blog post of Google Cloud it announced that it is introducing Blockchain Node Engine that is fully managed node-hosting for web3.
The blog added the information as the blockchain is changing the way the world stores and moves its information. So Google Cloud announced its Blockchain Node Engine. While Ethereum will be the first blockchain supported by Blockchain Node Engine, enabling developers to provision fully managed Ethereum nodes with secure blockchain access.
Google Cloud excitedly added further information as there’s more! that Google Cloud is indexing Solana data and bringing it to #BigQuery next year to make it easier for the Solana developer ecosystem to access historical data.
On the other hand, on October 11, 2022, Google Cloud and Coinbase announced a new, long-term strategic partnership to better serve the growing Web3 ecosystem and its developers.
Coinbase will use Google Cloud to process blockchain data at scale, and enhance the global reach of its crypto services by leveraging Google’s premium fiber-optic network.
Google Cloud Upcoming Project
The twitter thread ended with Last but not least, a gentle reminder that Google Cloud will soon begin accepting crypto payments via CommerceCB, so people will have more optionality of payments for Google Cloud services.
Solana Price Reaction
After the announcement by Google Cloud the native coin of SOL spiked by around 15%. The current price of Solana is $36.21 USD with a 24-hour trading volume of $2.46 B USD. And it is up 3.31% in the last 24 hours and holding the position in the CoinMarketCap ranking on #10, with a live market cap of $12.99 Billion USD.
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
