Copied


Google Cloud Becomes Validator on Polygon's PoS Network

Rebeca Moen   Oct 02, 2023 05:55 2 Min Read


On September 29, 2023, Google Cloud made a significant move by joining Polygon's Proof of Stake (PoS) network as a validator. The development was confirmed by both Polygon Labs and Google Cloud Singapore through their respective Twitter accounts. Google Cloud will utilize the same infrastructure that powers its flagship services, such as YouTube and Gmail, to contribute to the security and governance of Polygon's network.

Google Cloud's entry into Polygon's PoS network is a milestone for multiple reasons. First, it adds a layer of institutional credibility to the network, which already boasts over 100 validators. Google Cloud is renowned for its high-quality, secure, and reliable services, making it a valuable addition to the validator set. This is particularly important for enhancing the security protocols for Heimdall, Bor, and Polygon PoS users.

In the Polygon PoS network, validators are entities that produce new blocks and confirm transactions. They play a crucial role in maintaining the network's integrity and security. Validators are chosen based on the amount of MATIC tokens they have staked as collateral. The more MATIC staked, the higher the chances of being chosen to validate transactions and create new blocks.

Polygon's PoS network has a diverse range of validators, each contributing to the network's collective security and governance. According to the latest data from Polygon's staking technology website, Staked leads with 47,714,780.75 MATIC staked. Infosys follows with 20,927,642.45 MATIC. Other notable validators include Ethermon Validator with 21,413,514.21 MATIC and Worldpay from FIS with 14,524,984.72 MATIC staked. Google Cloud's stake is comparatively modest but significant, with 25,391.67 MATIC staked at a commission rate of 100%.

Polygon Labs has provided a dashboard accessible at Polygon's staking technology website. This dashboard allows anyone to monitor the performance and checkpoint signatures of all validators, offering a transparent view into the network's operations.


Image source: Shutterstock

Read More
The Hong Kong Monetary Authority has issued a warning about a fraudulent website posing as OCBC Bank (Hong Kong) Limited, urging public vigilance.
BitMEX has changed the Mark Method for NILUSDTH25 and REDUSDTZ25 to Fair Price marking, effective March 25, 2025, enhancing price accuracy.
BitMEX introduces NILUSDT perpetual swaps, offering traders up to 50x leverage. This new listing enhances trading options on the platform.
Bitcoin remains vulnerable to downward pressure due to tight liquidity conditions and weak investor sentiment, with ETF outflows and cautious market behavior persisting.
Vodafone implements AI-driven solutions using LangChain and LangGraph to optimize data operations and improve performance metrics monitoring and information retrieval across its data centers.
BitMEX announces the introduction of NILUSDT perpetual swap listing, offering traders up to 50x leverage. The NIL token will be available for trading starting March 25, 2024.
Cronos (CRO) Labs has appointed Mirko Zhao as its new leader, succeeding Ken Timsit. Zhao aims to enhance the blockchain’s growth and community engagement.
Cronos (CRO) Labs announces Mirko Zhao as the new Head of Product and Engineering, succeeding Ken Timsit, to lead the blockchain ecosystem's innovative growth.