The Celo Foundation Partners with Google Cloud to Strengthen the Celo Network
The Celo Foundation has announced that Google Cloud, a leading cloud computing service, is now running a validator on the Celo network. This collaboration further strengthens the relationship between the two organizations, following previous joint efforts to support developers and founders building on the Celo network. The validator plays a crucial role in verifying transactions and ensuring the security of the blockchain.
Key Points:
– Google Cloud joins Deutsche Telekom and other ecosystem contributors in validating the Celo platform.
– The Celo network has recently proposed a migration to an Ethereum layer-2 solution to enhance liquidity sharing and security.
– The collaboration will leverage Google Cloud’s Blockchain Node Engine to streamline and accelerate the transition to the Ethereum ecosystem.
– The Blockchain Node Engine will facilitate node operations for Celo participants, making it easier to align with the Ethereum network.
– Google Cloud’s support aims to strengthen the Web3 ecosystem and provide founders and developers with the necessary tools for application scalability.
In conclusion, the partnership between the Celo Foundation and Google Cloud marks a significant milestone in the development and growth of the Celo network. By leveraging Google Cloud’s expertise and resources, Celo aims to enhance its capabilities and further establish itself as a leading platform in the crypto space.
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