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Google Cloud is now an aggregator for Ethereum competitor Solana

Google Cloud is now an aggregator for Ethereum competitor Solana

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Google’s cloud computing division will also supply Solana with its “Blockchain Node Engine” starting in 2023.

Google is now a Solana validator

Google cloud computing division Google Cloud announced on Saturday that it is now operating a validator on the Solana blockchain. Features will be added soon to welcome Solana developers and node runners.

Notice

Solana (SOL) is up 12% on the news and is trading at $35.88 at press time.

In a Twitter thread, Google Cloud writes that the company is only running the Solana validator “to participate in and validate the network”. Rather, it also plans to integrate its blockchain node engine with the Solana blockchain in 2023.

Blockchain Node Engine is a “fully managed node hosting service” operated by the provider that already powers the Ethereum blockchain. Google Web3 Product Manager Nalin Mittal at the Breakpoint Solana conference in Lisbon:

“We want to make it possible to cost-effectively run a Solana node with one click.”

Google Cloud also announced that it is now indexing and adding Solana data to its BigQuery data warehouse. A move that “will make it easier for Solana’s developer ecosystem to access historical data.” The feature is expected to arrive in the first quarter of 2023, Mittal said.

Mittal adds: Google Cloud is offering its loan program to “select startups in the Solana ecosystem” with up to $100,000 in cloud loans to applicants.

On the Breakpoint stage, Solana founder Anatoly Yakovenko praised the “big boost from Google” by adding Solana to BigQuery.

When asked where Google can help with “tough technical issues,” Yakovenko mentioned developing better SDKs to speed up application development and solving the “unsolved problem” of storing seed phrases.

Yakovenko:

“A lot of research has been done to effectively store secrets in a way that Google doesn’t even know the secrets and the keys can be partially recovered between the user and a service provider like Google that can verify identity. “

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