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Google Cloud Says It’s Running Validator on Solana Blockchain

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Google Cloud Says It’s Running Validator on Solana Blockchain

Source: blockchain.news

Google Cloud is running a validator on the Solana blockchain, according to a company announcement.

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The validator will soon add new features that will enable integration for Solana Node (SOL) developers and brokers.

Following Saturday’s news, SOL was up 12% to around $36.80. It has dropped back down to $31.51 at the time of writing.

Google Cloud announced on Twitter that in addition to the validator, the tech giant is also working to add its Blockchain Node Engine to the Solana chain in 2023.

Blockchain Node Engine is a “fully managed node hosting service” that is already compatible with the Ethereum blockchain.

Google Web3 Product Manager Nalin Mittal, at the Solana Breakpoint conference in Lisbon, said, “We want to make it one click to run a Solana node in a cost-effective way.”

Google further added that it has started a movement that will “make it easier for the Solana developer ecosystem to access historical data” by indexing Solana data and adding it to its BigQuery data store.

According to Mittal, the feature will launch in the first quarter of 2023.

Mittal also added that “selected startups in the Solana ecosystem” have been chosen to test their credit program. There is up to $100,000 in cloud credits available to applicants, she said.

Google Cloud introduced the Blockchain Node Engine in late October to help Web3 developers build and deploy new products on blockchain-based platforms.

Latest in the list of companies leveraging blockchain technology features is Google, with its recently launched Blockchain Node Engine, which aims to aid web3 development.

According to the company’s announcement, the new solution was introduced to meet the needs of developers instead of using self-managed nodes that are quite demanding and require consistent management.

Web3 companies that feel the need for dedicated nodes can now use Google Cloud’s Blockchain Node Engine to transmit transactions, implement smart contracts, and read or write blockchain data with the expected reliability performance and security of the framework and network. GoogleCloud.

Blockchain Node Engine is a fully managed node hosting service that can minimize the need for node operations.

According to Google, Ethereum will be the first blockchain to support the Google Cloud Blockchain Node Engine to allow developers to deliver fully managed Ethereum nodes with secure access to the blockchain.

Developers using the Blockchain Node Engine can benefit from easier and faster deployment of new nodes with a specific desired region and network (mainnet, test network), Google said.

Additionally, the Blockchain Node Engine would offer security settings that can help prevent unapproved access to assigned nodes. It would also provide fully managed operations by allowing Google Cloud to actively monitor and restart nodes when necessary during an outage.

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