Partnering for Security: Tezos Foundation and Google Cloud Collaborate
The Tezos Foundation has recently joined forces with Google Cloud to establish a secure and resilient online replica of the Tezos blockchain. By leveraging the tools provided by Google Cloud SDK, this partnership ensures the availability of the blockchain across all continents, strengthening its presence in the digital landscape. Let’s explore the details of this collaboration below.
Enhancing Security and Resilience of Tezos on Google Cloud
– Tezos and Google Cloud have collaborated to create a secure online copy of the Tezos blockchain, ensuring its availability globally.
– The Google Cloud SDK tools were instrumental in swiftly executing this operation, reinforcing Tezos’ reputation as a cutting-edge and dependable blockchain network.
– An essential aspect of this partnership was the establishment of archive nodes on a global scale.
– These nodes maintain a comprehensive record of all transactions and ledger states, simplifying data exploration and analysis.
– Using Google Cloud’s infrastructure, the Tezos Foundation managed data volumes exceeding 1 TB and set up archive nodes in less than two hours with Filestore.
– Chris Pinnock, the head of Information Technology at the Tezos Foundation, commended Google Cloud’s efficiency in enabling this initiative.
The Transformative Impact of the Tezos Blockchain
– The collaboration between Tezos and Google Cloud showcased the blockchain’s ability to handle up to one million transactions per second using Compute Engine.
– This remarkable transactional capacity underscores the transformative potential of Tezos technology in various industries like finance, pharmaceuticals, art, food, and travel.
– Tezos’ distributed ledger technology supports a decentralized and immutable property registry, revolutionizing multiple sectors.
– As an open-source blockchain, Tezos facilitates peer-to-peer transactions and serves as a platform for smart contract deployment.
– Known for its environmental sustainability and on-chain governance model empowering validators, Tezos has already made an impact in sectors like sports and entertainment.
Ensuring Sustainability and Environmental Responsibility
– A noteworthy aspect of the Tezos-Google Cloud collaboration is the focus on monitoring and minimizing the carbon footprint of the Tezos network.
– Through Google Cloud dashboards, the Tezos Foundation can track carbon consumption in different data centers and make informed decisions to reduce environmental impact.
– This commitment to sustainability positions Tezos as one of the eco-friendliest blockchains, aligning with global efforts towards environmental responsibility and innovation.
Hot Take: A Promising Partnership for Blockchain Innovation
The collaboration between the Tezos Foundation and Google Cloud marks a significant milestone in enhancing the security, resilience, and environmental sustainability of the Tezos blockchain. By leveraging Google Cloud’s infrastructure and tools, Tezos has strengthened its global presence and positioned itself as a frontrunner in blockchain technology. The partnership symbolizes a step towards decentralized and sustainable blockchain technologies, shaping the future of digital innovation.
By
By
By
By