Cryptocurrency News

Block.one Welcomes Google Cloud as Block Candidate Producer to the EOS Network

Here comes another big update.

Block.one wholeheartedly welcomes Google Cloud, a global hyper-scale cloud and infrastructure provider. This initiative makes Google Cloud a part of the EOS community and is working hard to be the EOS network, block producer. To remind you the EOS network is developed on the EOSIO blockchain platform issued by the Block.one.

The fact is not hidden that Block producers are the essential elements of the EOS network. The addition of Google Cloud as the block producer candidate is a milestone for this blockchain network.

Talking about the advantage and special features of Google Cloud it plays an active role in leveraging the network of EOS that possess world-class performance.

Allen Day, the Developer Advocate of Google Cloud states “We’re starting the process of becoming a block producer candidate. As organizations begin to incorporate distributed ledger technology into their infrastructures, we are committed to ensuring that the information on public blockchains are securely stored, reliably available, and can be accessed in meaningful ways.” 

Google Cloud, the hub of technological innovation leverages the network in the best possible manner and also provides stability, high-security, reliability. In addition, it aims to offer global network architecture that best suits to the ecosystem of blockchain-like EOS.

Google Cloud, as the candidate of the block producer, is chosen by token holders to earn a secure status on the EOS network as a block producer.

Further, the Cloud reveals the microsite that highlights the participation in the EOS’s network affairs as a selected candidate of block producer.

Dan Larimer, the CTO Block.one mention “Google Cloud will continue to provide its highly provisioned, low-latency infrastructure to Block.one. Through secure oracles, inter-chain transaction reporting, key management, and high-integrity full-node validation, Google Cloud’s confidential computing infrastructure will enhance the security, scalability, and decentralization of blockchain technology.”

To inform about Block.one, it is a software firm specialized in high-quality performance related to blockchain technology. The platform is efficiently devoted to empowering the society, its customers with its advanced technology that assures transparency in a transaction and the system as a whole.

Recent Posts

Coinbase to List Pyth Network (PYTH) on Solana: Trading Begins February 20, 2025

Coinbase has announced its plans to add support for Pyth Network (PYTH) on the Solana…

3 days ago

Canary Capital Launches Canary AXL Trust, Expanding Institutional Access to Blockchain Connectivity

Canary Capital, a leading digital asset-focused investment firm, has announced the launch of the Canary…

3 days ago

Argentina’s President Milei Faces Backlash Over $LIBRA Token Crash

In a recent and rapidly unfolding controversy, Argentine President Javier Milei has come under intense…

7 days ago

FTX to Begin Creditor Repayments in February 2025

After more than two years of legal proceedings following its dramatic collapse, cryptocurrency exchange FTX…

3 weeks ago

India Imposes Tax Penalties of Up to 70% on Undisclosed Crypto Gains

The Indian government has introduced stringent tax regulations targeting undisclosed cryptocurrency gains, imposing penalties of…

3 weeks ago

El Salvador: The Rise and Fall of Bitcoin as Legal Tender

El Salvador made history in September 2021 by becoming the first country in the world…

3 weeks ago

This website uses cookies.