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Google Runs a Cloud Audit Node on Solana’s Blockchain… What Does It Mean?

 

Google Runs a Cloud Audit Node on Solana’s Blockchain… What Does It Mean?

 

According to a Google Cloud Services announcement, Google Cloud will run a validator on the Solana blockchain.

The verification tool will soon add new features that will allow Solana (SOL) developers to integrate with Google’s cloud services.

After the news broke over the weekend, the price of the digital currency SOL rose 12% to around $36.80.

The price of cryptocurrency SOL has since returned to trade at $31 at the time of writing this article.

In addition to the verification tool, Google Cloud announced on Twitter that the tech giant is working to add a blockchain node engine to the Solana blockchain in 2023.

Blockchain Node Engine is a fully managed node hosting service that already supports the Ethereum blockchain.

At the Solana Breakpoint conference in Lisbon, Google product manager Nalin Mittal said:

We want to make it one click to run Solana Node cost-effectively.

“Initiated a move to make it easier for Solana’s developer ecosystem to access historical data by indexing Solana’s data and adding it to the BigQuery data repository,” it told Google.

According to Mittal, this feature will be launched in the first quarter of 2023.

Mittal added:

Selected startups in the Solana ecosystem have been selected to pilot their accreditation program.

Up to $100,000 in cloud credits are available to applicants.

Google Cloud introduced the Blockchain Node Engine in late October to help Web 3 developers build and deploy new products on blockchain-based platforms.

Web 3.0 companies that feel the need for custom nodes can now use the Google Cloud Blockchain Node Engine to migrate transactions, publish smart contracts, and read or write blockchain data with the reliability and security performance expected from the Google Cloud Account and Network Framework.

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In order to facilitate the work of developers for Web 3.0 services and products, Google branch offered its services on the Solana blockchain, “Google” aims to be ready and stay ahead of the wave of users of Web 3.0 products and services.

Also read:

Circle is preparing to launch a Euro-based stablecoin and operates on the Solana blockchain.

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