Google Cloud welcomes over 10 new blockchains

TL;DR Breakdown

  • Google Cloud integrates 11 high-demand blockchains into its BigQuery data sets.
  • Users can now easily access data like asset transfers and token popularity without operating nodes.
  • Google Cloud’s blockchain history includes support for Bitcoin, Ethereum, and six other chains added in 2019.

Description

In an era where the virtual continues to dominate, Google Cloud makes yet another unapologetic stride in the crypto realm. By adding 11 more blockchains to its public data sets on BigQuery, this tech behemoth isn’t simply keeping pace with the industry’s demands. They’re defining them. But let’s break this down, shall we? The Newcomers … Read more

In an era where the virtual continues to dominate, Google Cloud makes yet another unapologetic stride in the crypto realm. By adding 11 more blockchains to its public data sets on BigQuery, this tech behemoth isn’t simply keeping pace with the industry’s demands. They’re defining them. But let’s break this down, shall we?

The Newcomers

Avalanche, Arbitrum, Cronos, Ethereum Goerli, Fantom, Near, Optimism, Polkadot, Polygon, Polygon Mumbai, and Tron are the fresh faces now gracing Google Cloud’s BigQuery. One can’t help but notice these aren’t just random additions; they’re the crème de la crème of blockchains – the in-demand ones, as they call it.

Users, in their ever-enthusiastic zest for data, can now get deep into the intricate details. Want to see how assets glide from one wallet to another? Or perhaps which tokens are clinching the popularity race? Maybe you’re more into how users are dancing with smart contracts?

Well, guess what? Google Cloud’s got your back. Gone are the days when these curious minds had to wrestle with the cumbersome tasks of operating nodes or maintaining an indexer. The game is changing, and Google Cloud is the one rolling the dice.

Google Cloud’s Evolving Relationship with Blockchain

For the historians among us, this isn’t Google Cloud’s first rendezvous with the blockchain universe. Let’s hop into our virtual time machine and head to 2018. The scene was set with Google Cloud extending its support to Bitcoin and Ethereum on BigQuery.

Now, with the newfangled ordinals (which, by the way, are pretty much Bitcoin’s answer to NFTs) coming into the scene in January 2023, Google Cloud has broadened its horizon even more. Developers, suit up! You can now query not only satoshis but also ordinals from the Bitcoin dataset on BigQuery.

2019 saw another notable chapter in this saga. Google Cloud brought six more chains into the BigQuery fold: Bitcoin Cash, Dash, Dogecoin, Ethereum Classic, Litecoin, and Zcash.

Yet, their tryst with blockchain isn’t solely about hoarding massive datasets like some digital dragon sitting atop its gold. There’s more to this narrative. Google Cloud’s ambition extends to becoming an oracle operator for LayerZero, the cross-chain messaging protocol. The plot thickens, doesn’t it?

What Does This Mean for the Future?

While some may laud Google Cloud’s commitment, let’s not mince words here. It’s not altruism; it’s astute business strategy. In the vast sea of tech conglomerates, Google Cloud is positioning itself as the undisputed admiral.

They are not waiting for the future; they’re crafting it, ensuring they’re always a step ahead in meeting user demands, even before users realize these demands exist.

Yet, there are questions, concerns, and critiques to address. With an increasing number of blockchains, how will this affect the current ecosystem? Is this expansion a mere numbers game or a strategic move? Only time will tell. For now, all we can do is watch, analyze, and, if necessary, critique.

But one thing’s for sure: Google Cloud’s move to integrate over 10 new blockchains is bold, brave, and nothing short of groundbreaking. While the tech world buzzes with excitement, speculation, and skepticism, Google Cloud is simply doing what it does best: leading from the front, unapologetically and undeterred.

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 decision.

文章来源于互联网:Google Cloud welcomes over 10 new blockchains

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23日 15:25
Next 2023年9月23日 16:57

Related articles

  • Europe stocks fall and U.S. futures surge after debt deal

    TL;DR Breakdown European stock indexes experienced a decline, while U.S. futures showed a positive trend on news of the U.S. debt ceiling deal. The STOXX 600, a benchmark index for Europe, saw a 0.2% decline, while Tokyo’s Nikkei reached a 33-year high. U.S. President Joe Biden and leading congressional Republican Kevin McCarthy have reached a tentative agreement to raise the federal government’s debt ceiling to $31.4 trillion. In a striking contrast to international markets today, Europe experienced a decline in stock indexes, while U.S. futures displayed a positive surge, riding on the news of a critical debt ceiling deal secured over the weekend. Europe’s market stumble amidst global upswing European stock indexes found themselves in a bit of a predicament as they took a downturn on Monday, even while the euro zone bond yields saw a dip. The STOXX 600, a benchmark index for Europe, witnessed a 0.2% decline by the end of the day. Chinese stocks also followed the same trend after data reflected a slump in profits among the country’s industrial firms. However, the ripple effect of the…

    Article 2023年6月1日
  • Hong Kong authorities crack down on unlicensed crypto exchange JPEX

    TL;DR Breakdown Hong Kong authorities arrested eight individuals, including social media influencers, connected to JPEX, an unlicensed cryptocurrency exchange, following complaints from over 1,600 investors who lost more than $150 million in assets. The Securities and Futures Commission (SFC) is intensifying regulatory oversight, with Chief Executive John Lee emphasizing the need for investors to use only licensed platforms. The SFC is also investigating JPEX for potential violations of anti-money laundering ordinances. Description Hong Kong authorities arrested eight individuals linked to JPEX, an unlicensed cryptocurrency exchange. The arrests included social media influencers who had promoted the platform and employees of JPEX. The crackdown followed complaints from more than 1,600 investors who claimed to have lost over $150 million in assets. Hong Kong police have since frozen bank accounts … Read more Hong Kong authorities arrested eight individuals linked to JPEX, an unlicensed cryptocurrency exchange. The arrests included social media influencers who had promoted the platform and employees of JPEX. The crackdown followed complaints from more than 1,600 investors who claimed to have lost over $150 million in assets. Hong Kong police…

    Article 2023年9月20日
  • USDT embroiled in depeg rumors amid stability concerns

    TL;DR Breakdown Kaiko researchers have claimed that USDT has been facing stability issues since August. Proposed solutions for USDT’s stability. Description USDT, the largest stablecoin in the crypto industry by market capitalization, has faced a series of depegging incidents throughout August, according to recent research by Kaiko. Stablecoins, which are digital currencies pegged to specific assets like the U.S. dollar or British pound, are designed to maintain a stable value. However, in times of extreme market … Read more USDT, the largest stablecoin in the crypto industry by market capitalization, has faced a series of depegging incidents throughout August, according to recent research by Kaiko. Stablecoins, which are digital currencies pegged to specific assets like the U.S. dollar or British pound, are designed to maintain a stable value. However, in times of extreme market volatility, they can deviate from their pegged value. Stablecoins role in the crypto industry Stablecoins play a crucial role in the cryptocurrency ecosystem by providing stability and a familiar reference point for traders and investors. These coins are meant to maintain a 1:1 peg with their…

    Article 2023年9月2日
  • Brazil unleashes new crypto taxes

    TL;DR Breakdown Reports from Brazil indicate that a congressional committee has greenlit revisions to a bill that formally designates cryptocurrencies as “financial assets” for taxation purposes in the context of overseas investments. Profits ranging between 6,000 and 50,000 reais (approximately $10,000) would be subject to a 15% tax rate, while amounts surpassing this threshold would incur taxes at a rate of 22.5%. These changes would specifically apply to cryptocurrency exchanges that lack a physical presence in Brazil. Description Brazilian legislators are making strides toward implementing new legislation that would heighten taxes on cryptocurrencies held outside the country. Reports from the nation indicate that a congressional committee has greenlit revisions to a bill that formally designates cryptocurrencies as “financial assets” for taxation purposes in the context of overseas investments. Furthermore, this proposed bill seeks … Read more Brazilian legislators are making strides toward implementing new legislation that would heighten taxes on cryptocurrencies held outside the country. Reports from the nation indicate that a congressional committee has greenlit revisions to a bill that formally designates cryptocurrencies as “financial assets” for taxation purposes…

    Article 2023年8月13日
  • Unstoppable introduces instant messaging for crypto holders

    TL;DR Breakdown Unstoppable Domains introduces encrypted messaging for Web3 usernames. Messaging extends crypto username use beyond just payments. Built on the XMTP protocol, ensuring encrypted, long-lasting messages. Description Gone are the days when crypto was simply about trading, buying, or storing digital coins. The crypto world is evolving, and companies like Unstoppable Domains are leading the way. The latest introduction from the firm? An encrypted messaging system tailored for crypto users with Web3 usernames, bridging a gap that many hadn’t even realized existed. … Read more Gone are the days when crypto was simply about trading, buying, or storing digital coins. The crypto world is evolving, and companies like Unstoppable Domains are leading the way. The latest introduction from the firm? An encrypted messaging system tailored for crypto users with Web3 usernames, bridging a gap that many hadn’t even realized existed. Broadening the Crypto Horizon: Beyond Just Payments Web3 usernames are no newbies in the digital space. Since 2017, crypto enthusiasts have benefited from these usernames, making the arduous task of remembering long alphanumeric crypto addresses a thing of the…

    Article 2023年8月24日
TOP