Source: www.ledgerinsights.com
Today, Google Cloud introduced its Blockchain Node Engine, a managed hosting service that starts with Ethereum. Microsoft’s Azure was the first to offer such a service, and AWS released its version in 2019.
Google touts one of the benefits of its service as being simpler to set up a node and faster to deploy. It provides additional security in the form of DDoS protection and the ability to put nodes behind a firewall. And since it’s a fully managed offering, there are service level agreements.
The Cloud group recently said it would accept payments from some web3 companies in cryptocurrencies through an agreement with Coinbase and would establish a dedicated digital assets team in January.
While offering the node service directly to businesses may be new, Google has been hosting blockchain nodes for some time. However, previously he had a different strategy. He partnered with the network founders in the cases of Hedera DLT and the Flow and Theta blockchains. He also joined the ruling council of Hedera, which requires a financial commitment.
When it comes to node providers in the space, in addition to the big brands like AWS and Azure, there are several web3 providers that dominate the industry. They include Alchemy, Blockdaemon, Chainstack, Coinbase Cloud, Infura by ConsenSys, and Quicknode.
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