Boosting Ethereum Scaling: Polygon Labs & Google Cloud Collaborate
Polygon Labs, a leading blockchain scaling solution, and Google Cloud, a prominent cloud computing service provider, have announced a long-term partnership that will see the cloud computing service provider assist in the development of the Ethereum scaling protocol’s infrastructure and tools.
The collaboration was unveiled at the Consensus 2023 event. It aims to simplify developer integration and enhance the development of Web3 products and decentralized applications (DApps) on Polygon.
Google Cloud will help accelerate adoption of core Polygon protocols w/ enterprise infrastructure & tools.
🤝🏽 strategic alliance to increase transaction throughput enabling use cases in gaming, supply chain & DeFi #onPolygon🤗https://t.co/POKztinzKP pic.twitter.com/r5P94YaQDt
— Polygon | Aggregated (@0xPolygon) April 27, 2023
The multi-year partnership will provide Polygon’s core protocols, such as Polygon proof-of-stake (PoS), Polygon zkEVM, and Polygon Supernets, with Google Cloud’s framework and developer tools.
The integration is expected to advance Polygon’s zero-knowledge development. In March 2023, Polygon zkEVM’s beta was launched to mainnet. This provides increased throughput of smart contract deployments and reduced transaction costs.
Google Cloud’s Blockchain Node Engine & Polygon Ventures
The partnership will leverage Google Cloud’s Blockchain Node Engine. This will help with the time-intensive processes and overhead costs of acquiring, maintaining, and operating dedicated blockchain nodes.
However, this integration aims to eliminate the need for Polygon developers to configure and run Polygon PoS nodes. Furthermore, the collaboration will provide capital resources to developers and companies building Web3 products and DApps in the Polygon ecosystem.
The newly launched Google for Startups Cloud Program will offer Web3-specific benefits to early-stage startups that Polygon Ventures backs.
According to Ryan Wyatt, President of Polygon Labs, the partnership offers various benefits to the ecosystem, including increased transaction throughput to enable use cases in gaming, supply chain management, and decentralized finance (DeFi).
Mitesh Agarwal, Google Cloud’s APAC Managing Director of Engineering and Web3 Go-to-Market, stated that their services are improving the performance, resilience, and data availability of scaling protocols like ZK-proofs.
Moreover, Google Cloud’s startup accelerator program supports eleven major blockchain firms. Nansen, a blockchain analytics firm, also offers data services to projects in Google Cloud’s Web3 startup program.
The collaboration between Polygon Labs and Google Cloud will probably have two benefits. Firstly, it will make it simpler for developers to develop and launch Web3 products and DApps on the Polygon network. Secondly, it will speed up the development and acceptance of the Ethereum scaling protocol.
Related Reading | Binance Acquires SEBC to Re-enter Japanese Crypto Market: Binance Blog