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

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

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Answer Google Cloud Runs Audit Node on Solana’s Blockchain… What Does That Mean?

Google Cloud will run a validator on the Solana blockchain, according to an announcement by Google Cloud Services.

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 by 12% to around $36.80.

Then the price of the digital currency SOL is back to trading at $31 at the time of writing this article.

Google Cloud announced on Twitter that along with the verification tool, the tech giant is also working on adding a blockchain node engine to the Solana blockchain in 2023.

Read:The number of Ethereum coins deposited in Ethereum 2.0 contracts reaches a new record!

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

Google Product Manager Nalin Mittal said at the Solana Breakpoint conference in Lisbon:

We want to make it one click to run the Solana node in a cost effective manner.

It told Google that it has also started a move that will “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.”

According to Mittal, the 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 programme.

There are up to $100,000 in cloud credits 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 a Google Cloud account and network framework.

Read:UK Inflation Rises to 40-Year Highs…What Does This Mean for Bitcoin?

The Google branch moved to provide its services on the Solana blockchain in order to facilitate the work of developers for Web 3.0 services and products, “Google” aims to stay ahead and prepare to receive the wave of users of Web 3.0 products and services

Read also:

Circle is preparing to launch a stablecoin based on the euro and working on the Solana blockchain

BitMEX Co-Founder: CBDC Launch Could Destroy Bitcoin


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