Bomb News For This Altcoin From Google!

Google wants to be a major infrastructure provider for Web3. In a recent announcement, the company shared that it is launching its cloud node engine for a well-established altcoin.

Google launches cloud services for this altcoin

The tech company announced on Thursday that Google has launched a cloud-based node engine service for Ethereum developers and projects. Officially called the Blockchain Node Engine, Google’s offering is a “fully managed service” without customers having to hire their own teams to maintain or monitor node operators. Instead, Google says it “actively monitors node operators and restarts them if things go wrong.”

Blockchain Node Engine also includes various security features from Google to prevent DDos attacks. Google says node operators will also be behind a VPC firewall, allowing users to customize the type of permissions they want. Customers will also be able to choose where to deploy their node operators geographically.

Google wants to be a major infrastructure provider for Web3

Currently operating on a global scale, Google aims to be an important player in the Web3 infrastructure area. Richard Widmann, Google’s Head of Web3 Strategy, said earlier at the Mainnet conference that it is trying to “build a giant bridge” between the traditional tech industry and Web3 by offering such cloud-based services.

When asked if Node Engine can help prevent network outages, James Tromans, Google’s Director of Cloud Web3, says the outages happen for “a few different reasons”:

In cases where the underlying infrastructure is faulty, as the number of providers offering high-quality node infrastructure such as Google Cloud’s increases, we have more redundancy and end users are less likely to experience downtime.

Google and Ethereum partnership

While initially only supporting Ethereum node operators, Google is looking to expand its Node Engine service to more networks. This Node Engine news is not surprising to those familiar with Google’s stance on crypto and Web3. Earlier this year, Google announced that it has created a staff team dedicated to cryptocurrencies and Web3 services.

In January, Google described blockchain technology as “a tremendous innovation.” He shared his intention to create nodes for blockchains like Bitcoin, Ethereum, Dogecoin, and Polygon. Google’s Node Engine launch is undoubtedly an important development for Web3 infrastructure. However, it raises centralization concerns for some.

As you follow on Kriptokoin.com, CryptoCom’s COO Eric Anziani has announced the Web3 plans of his stock market today. In particular, Anziani says blockchain-based games and NFTs will solidify Web3. In this context, some of the Web3 project that will be directly supported by companies such as Google and CryptoCom:

1. Polkaot (DOT)
2. Filecoin (FIL)
3. Internet Computer (INP)
4. Theta Network (THETA)
5. BitTorrent (BTT)
6. The Graph (GRT)
7. Helium (HNT)
8. Casper (CSPR)
9. Basic Attention Token (BAT)
10. Stacks (STX)