Has Google moved to Web3? This seems to be emerging from some news published this month. This week we find out that the Tech giant now offers a “Blockchain Node Engine”, which allows you to host Ethereum nodes.
Google offers a service dedicated to Ethereum nodes
According to Google’s statement, this Ethereum node hosting service aims to simplify the procedure for users:
“Although self-managed nodes are difficult to deploy and require ongoing management, Blockchain Node Engine is a fully managed node hosting service which makes it possible to minimize certain operations.»
Concretely, this means that the synchronization process will be greatly accelerated by the Google service. A new node can be deployed in a single operation. So far, the service is focused on the Ethereum blockchain, but it will be open to other networks in the future.
👉 To go further – What is a node in the cryptocurrency universe?
Google launches Web3
Google recalls in its press release that “commitment to help Web3 developers build and deploy new products on blockchain-based platforms“. It is true that the giant seems to have accelerated the pace in recent weeks.
In mid-October, we learned that cryptocurrency payments would now be accepted for its cloud services. And a few days before that, the partnership between NEAR and Google Cloud announced, to support start-ups developing in Web3.
A commitment that also carries financial weight. Over the past year, Alphabet, Google’s parent company, has been the company that has invested the most in blockchain, with $1.5 billion. The companies Fireblocks, Dapper Labs, Voltage and Digital Currency Group were in favor.
Therefore the arrival of a giant like Google in the sector is trivial. Currently, Ethereum nodes are mostly hosted using AWS services, so the arrival of new heavyweights should partially reshuffle the cards.
👉 Also read – How to create your Ethereum node with Geth?
Join Experts and a Premium Community
PRO
Invest in your crypto knowledge for the next bullrun
Source: Google, press release
Newsletter 🍞
Get a summary of crypto news every Monday by email 👌
What you need to know about affiliate links. This page presents assets, products or services related to investments. Some links in this article are affiliates. This means that if you buy a product or register on a site from this article, our partner pays us a commission. This allows us to continue to offer you original and useful content. There is no influence on you and you can even get a bonus by using our links.
Investments in cryptocurrencies are risky. Cryptoast is not responsible for the quality of the products or services presented on this page and could not be responsible, directly or indirectly, for any damage or loss incurred after the use of a product or service highlighted in this article on him. Investments involving crypto-assets are inherently risky, readers should do their own research before taking any action and only invest within the limits of their financial capabilities. This article does not constitute investment advice.