Huawei Cloud Expands into Web3 Industry with New Node Engine Service
The Chinese multinational technology corporation, Huawei Technologies Co., Ltd., is making a move into the Web3 industry with its upgraded Huawei Cloud services. The company has introduced a new section called ‘Web3.0 Node Engine Service’, which includes documentation and user guides for the Ethereum and TRON node engines.
Main Breakdowns:
- Huawei Cloud’s Web3.0 Node Engine Service simplifies blockchain network management and resource management.
- The service offers developers the ability to connect to mainstream blockchains like Ethereum.
- DApp developers and users can configure nodes to interact with blockchains using the service.
- Staking node carriers and individuals can use the service to host Ethereum full nodes and run validator nodes.
- Huawei also provides complete guides for using its staking services and developing on Ethereum and Tron networks.
Hetzner, Huawei’s Competitor, Distances Itself from Crypto
Hetzner, a competitor of Huawei, has expanded its Terms of Services (ToS) in a way that creates an “adversarial environment” for crypto node operators. Hetzner’s actions have been criticized for suppressing public discourse on cryptocurrency software.
Hot Take: Huawei’s Move towards Web3 is Welcoming for the Industry
Huawei’s expansion into the Web3 industry through its Node Engine Service reflects a positive shift towards embracing cryptocurrencies, blockchain, and Web3 technologies. This move not only benefits developers but also provides opportunities for investors and users to engage with the Web3 ecosystem. In contrast, Hetzner’s distancing from the crypto community raises concerns about their stance on fostering innovation and open discussion within the industry.
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