Table of Contents
ToggleKey Takeaways:
- Zilliqa blockchain has taken a significant step to develop its network further in the crypto space.
- Google has become a significant contributor to Zilliqa’s quest for better decentralization.
- Zilliqa Group has strategically chosen Google Cloud as its cloud provider, harnessing Google’s open, secure, and energy-efficient infrastructure to enhance flexibility, resilience, and data availability on its blockchain.
In a recent event, Token2049, taking place in Singapore, has seen a massive step taken by the tech giant Google to join hands with various projects to expand their footing in the crypto and blockchain space. One of the significant ones is its handshake, with the Zilliqa blockchain. Moreover, it is how this partnership is bringing in Google Cloud’s appointment as a staked seed node (SSN) operator on the Zilliqa network, joining a cohort of 28 existing SSN operators.
Today at #TOKEN2049, we announced a new multi-year strategic alliance with @googlecloud.
This collaboration serves to enhance the resilience and scalability of the #Zilliqa blockchain, benefiting the wider ecosystem and ventures within Zilliqa Group.
The agreement will also see… pic.twitter.com/q5iqKSGPOL
— Zilliqa (@zilliqa) September 13, 2023
Google and Zilliqa Handshake
Google Cloud’s role as a staked seed node (SSN) operator will provide essential node infrastructure hosting services while contributing to transaction validation across the network, fostering decentralization, security, and governance. The involvement of Google Cloud in this project promises to boost the scalability and resilience of the Zilliqa blockchain, which is vital for handling the growing demand for decentralized applications (dApps) and Web3 services.
Zilliqa will leverage Google Cloud’s BigQuery to make its blockchain datasets easily accessible for public scrutiny and analysis. This move will promote transparency and enable users to monitor gas fees, track popular tokens and dApps, and ensure regulatory compliance.
Zilliqa has been a pioneer in blockchain innovation since 2017, introducing sharding and the Scilla programming language for smart contract security. These features make Zilliqa stand out for Web3 ventures, ensuring high transaction speeds, low gas fees, and robust smart contract security.
Read More: Zilliqa Price Prediction
Conclusion
The collaboration between Zilliqa and Google Cloud marks a significant milestone in the evolution of blockchain technology. With enhanced scalability, data transparency, and the backing of Google Cloud’s infrastructure, the Zilliqa blockchain is poised to become an even more robust foundation for Web3 services and dApps. This partnership underscores the importance of cooperation in the blockchain space and sets the stage for further advancements in the crypto ecosystem.
Source: Coincu
Related posts
Bitcoin Price Hits New All-Time High Following Fed’s 25-Basis-Point Rate Cut
Fed’s interest rate cut spurs crypto momentum, boosting Bitcoin and Ethereum prices.
Read more
Blum Secures Major Investment from TOP to Strengthen DeFi Presence in TON Ecosystem
TOP’s backing aims to accelerate Blum’s multi-blockchain expansion.
Read more