Google To Run A Validator Node On The Solana Blockchain
Google To Run A Validator Node On The Solana Blockchain
Google Cloud Blockchain Node Engine will operate a node and participate in validating blocks on the Solana network from 2023. Solana Developers will also get access to Google's BigQuery database.
After releasing a Blockchain Node Engine last month, Alphabet Inc’s cloud computing division, Google Cloud, has announced that it will participate in and validate the Solana network by running a block-producing validator node. Solana becomes the second blockchain ecosystem after Ethereum to be hosted by the tech giant.
Google developed its cloud-based blockchain engine with the intention of “self-managing” validator nodes that are normally difficult to deploy and require constant supervision from operators. In October, Ethereum became the first decentralized network to host the self-managing node engine, allowing developers to utilize Google’s database when developing applications on the blockchain. The Silicon Valley giant says its node-hosting service can be leveraged by crypto companies and Web3 service providers.
The node expected to be deployed on Solana next year will index and add on-chain information to the Google Cloud BigQuery database. This will give Solana-based developers access to historical data stored in the cloud when building services for the blockchain network. Google also plans to bring its credits program to Solana, which will offer grants worth $100,000 to select startups on the ecosystem.
The announcement made at the ‘Solana Breakpoint’ event held in Lisbon, Portugal, pumped the value of Solana. At the time of writing SOL is trading at $31.36, dropping over 12% in the last 24 hours.