1. BITBILIHome
  2. Article

Zilliqa and Google Cloud unveil game-changing partnership: What you need to know

• 107 views

TL;DR Breakdown

  • Zilliqa Group has formed a strategic partnership with Google Cloud to enhance the Zilliqa Layer 1 blockchain protocol, focusing on scalability, resilience, and data availability.
  • Google Cloud will act as a staked seed node (SSN) operator on the Zilliqa network, providing infrastructure hosting services and validating transactions, thereby contributing to the network’s decentralization and security.
  • The collaboration aims to advance Web3 technologies by leveraging Google Cloud’s robust platform and Zilliqa’s pioneering sharding mechanism, potentially setting the stage for broader adoption and future partnerships in the blockchain ecosystem.

Description

Zilliqa Group has entered into a multi-year strategic partnership with Google Cloud to enhance the Zilliqa Layer 1 blockchain protocol. This collaboration aims to bolster the scalability, resilience, and data availability of the blockchain, thereby benefiting ventures within the Zilliqa ecosystem and the broader Web3 landscape. Google Cloud will serve as a staked seed node … Read more

Zilliqa Group has entered into a multi-year strategic partnership with Google Cloud to enhance the Zilliqa Layer 1 blockchain protocol. This collaboration aims to bolster the scalability, resilience, and data availability of the blockchain, thereby benefiting ventures within the Zilliqa ecosystem and the broader Web3 landscape.

Google Cloud will serve as a staked seed node (SSN) operator on the Zilliqa network, joining 28 existing SSN operators. This role will enable Google Cloud to provide node infrastructure hosting services and validate transactions across the network.

“Google Cloud’s expertise in infrastructure, combined with their role as a staked seed node partner, underscores our commitment to excellence, both within the Zilliqa Group of companies and across the wider ecosystem. Together, we’re setting the stage for a new wave of innovation and growth in the Web3 space.”

Matt Dyer, CEO of Zilliqa Group

Enhancing network capabilities and data transparency

Zilliqa has been a pioneer in blockchain innovation since its inception in 2017. It was the first public blockchain to implement sharding—a mechanism that increases transaction processing capability by dividing the network into smaller groups of nodes.

The partnership with Google Cloud will leverage Google Kubernetes Engine (GKE) to offer best-in-class load balancing, autoscaling, and continuous integration and delivery capabilities. This will enable Zilliqa to keep its nodes operational around the clock and offer developers unprecedented scalability for Web3 projects in gaming, decentralized finance (DeFi), and loyalty programs.

Additionally, Zilliqa will utilize Google Cloud’s BigQuery, a serverless data warehouse, to make its blockchain datasets publicly available. This move aims to eliminate technical roadblocks associated with blockchain analytics and enhance data transparency. It will enable anyone to easily access and query transaction data from the Zilliqa mainnet, offering valuable insights into gas fees, token activity, and decentralized application (dApp) usage.

James Tromans, Head of Web3 at Google Cloud, stated that their engineering work with Zilliqa will focus on improving the scalability and resilience of the base layer to better support novel scaling solutions like sharding.

Early this year, Zilliqa partnered with Rex Regum Qeon (RRQ), a prominent eSports organization based in Indonesia, to create an NFT membership program for fans to boost the Web3 ecosystem.  

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

文章来源于互联网:Zilliqa and Google Cloud unveil game-changing partnership: What you need to know

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年9月13日 23:21
Next 2023年9月14日 00:06

Related articles

  • zkSync unveils Boojum upgrade to enhance Ethereum Layer-2 scaling

    TL;DR Breakdown Matter Labs introduces Boojum, a revolutionary proof system powered by STARK technology for zkSync Era, enhancing performance and accessibility. Boojum allows faster transaction proofs and reduced hardware requirements, running on consumer-grade GPUs with only 16 GB of GPU RAM. The upgrade aims to improve scalability, democratize participation, and shape the future of Layer 2 scaling solutions in the Ethereum ecosystem. Description Matter Labs, the core developer of Ethereum Layer-2 scaling solution zkSync Era, has announced the launch of Boojum, a revolutionary proof system designed to enhance performance and accessibility. Boojum is built on a new Rust-based cryptographic library developed by zkSync, utilizing STARK technology to power the upgraded Zero-Knowledge (ZK) circuits. However, this significant development moves … Read more Matter Labs, the core developer of Ethereum Layer-2 scaling solution zkSync Era, has announced the launch of Boojum, a revolutionary proof system designed to enhance performance and accessibility. Boojum is built on a new Rust-based cryptographic library developed by zkSync, utilizing STARK technology to power the upgraded Zero-Knowledge (ZK) circuits. However, this significant development moves zkSync Era away from…

    Article 2023年7月17日

  • Tech stock frenzy forces US funds to hit limits

    Description An unexpected surge in tech stocks is causing prominent US investment funds to collide with regulations that ensure asset diversification. Tech stock domination in prominent indices has taken these funds to their regulatory maximums, indicating that the ongoing tech rally is not without its hurdles for investors and index providers. A lofty rally with complications … Read more An unexpected surge in tech stocks is causing prominent US investment funds to collide with regulations that ensure asset diversification. Tech stock domination in prominent indices has taken these funds to their regulatory maximums, indicating that the ongoing tech rally is not without its hurdles for investors and index providers. A lofty rally with complications The technology sector has delivered a noteworthy performance, yet the rally is increasingly uneven. The S&P 500 index experienced an 18% rise this year, largely driven by seven heavyweight tech stocks. This dominance is compelling index providers like Nasdaq 100, synonymous with soaring tech stocks, to reevaluate their structure to curtail the impact of giants like Apple, Microsoft, and Nvidia. Unsurprisingly, this tech stock surge has…

    Article 2023年7月18日

  • Secret code in Brazil’s CBDC allows govt manipulation

    TL;DR Breakdown The source code of Brazil’s Central Bank Digital Currency (CBDC) has functions allowing a central authority to freeze or reduce balances. Blockchain developer Pedro Magalhães discovered this after reverse-engineering the code. Magalhães suggests these functions could be beneficial for secured loans and decentralized finance (DeFi) protocols. Description The world of finance was recently abuzz following a shocking discovery in the Central Bank Digital Currency (CBDC) of Brazil. It seems that the supposed beacon of decentralization might contain some not-so-secret code enabling a centralized authority to freeze funds or even diminish balances at their discretion. Discovering hidden powers in Brazil’s digital currency The … Read more The world of finance was recently abuzz following a shocking discovery in the Central Bank Digital Currency (CBDC) of Brazil. It seems that the supposed beacon of decentralization might contain some not-so-secret code enabling a centralized authority to freeze funds or even diminish balances at their discretion. Discovering hidden powers in Brazil’s digital currency The revelation came courtesy of Pedro Magalhães, a renowned blockchain developer and the mastermind behind Iora Labs, a leading…

    Article 2023年7月12日

  • Australian Senate Committee rejects landmark crypto bill, sparks debate on digital asset regulation

    TL;DR Breakdown The Australian Senate Committee on Economics Legislation recommended against passing the Digital Assets (Market Regulation) Bill 2023, introduced by Opposition Senator Andrew Bragg, which aimed to establish a comprehensive framework for digital assets. A dissenting report from Senators Bragg and Dean Smith suggested minor amendments to the bill and urged for its passage, emphasizing the need for a structured approach to digital asset regulation and tax treatment in Australia. The committee’s decision has sparked a debate on the future of crypto regulation in Australia, with the dissenting report arguing that the current government approach is detrimental to consumers and investment in the digital asset sector. Description The Senate Committee on Economics Legislation has advised against passing Senator Andrew Bragg’s Digital Assets (Market Regulation) Bill 2023. The committee’s decision was officially communicated on September 4, recommending that the government continue researching the topic rather than enacting the proposed legislation. Dissenting voices advocate for minor amendments While the committee’s majority opinion was against … Read more The Senate Committee on Economics Legislation has advised against passing Senator Andrew Bragg’s Digital…

    Article 2023年9月5日

  • Curve Finance pools hit hard as Vyper exploit leads to losses of $24M

    TL;DR Breakdown Several stable pools on Curve Finance, along with other decentralized finance (DeFi) projects, fell victim to a devastating exploit on July 30, causing losses amounting to $24 million. DeFi projects, including decentralized exchange Ellipsis, Alchemix’s alETH-ETH pool, JPEGd’s pETH-ETH pool, and Metronome’s sETH-ETH pool, suffered substantial financial losses.  Description In a shocking turn of events, several stable pools on Curve Finance, along with other decentralized finance (DeFi) projects, fell victim to a devastating exploit on July 30, causing losses amounting to $24 million at the time of reporting. The exploit was traced back to vulnerabilities in specific versions of the Vyper compiler, with versions … Read more In a shocking turn of events, several stable pools on Curve Finance, along with other decentralized finance (DeFi) projects, fell victim to a devastating exploit on July 30, causing losses amounting to $24 million at the time of reporting. The exploit was traced back to vulnerabilities in specific versions of the Vyper compiler, with versions 0.2.15, 0.2.16, and 0.3.0 being identified as the culprits. PSA: Vyper versions 0.2.15, 0.2.16 and 0.3.0…

    Article 2023年7月31日
TOP