Wed, April 24

Google Cloud Now Running a Validator on Solana Blockchain

Former BlockFi VP For Asia Joins Google as APAC Web3 Division Lead Altcoin News
  • The price of Solana (SOL) increased by 12% on the announcement.
  • Google Cloud would add its Blockchain Node Engine to the Solana chain in 2023.

On Saturday, Google stated that its cloud computing company, Google Cloud, was running a validator on the Solana blockchain. And will be adding capabilities to accommodate Solana developers and node operators in the near future. The price of Solana (SOL) increased by 12% on the announcement, and it is now trading at $36.80.

Google Cloud said in a Twitter thread that it would add its Blockchain Node Engine to the Solana chain in 2023. In addition to operating a Solana validator “to participate in and validate the network.” Currently, the provider’s “fully-managed node hosting service,” known as the Blockchain Node Engine, is compatible with the Ethereum blockchain.

Integrating Solana Into BigQuery

At the Solana Breakpoint conference in Lisbon, Google Web3 product manager Nalin Mittal remarked, “We want to make it one-click to run a Solana node in a cost-effective way.”

To “make it easier for the Solana developer ecosystem to access historical data,” Google Cloud has announced that it is now indexing Solana data and uploading it to its BigQuery data warehouse. According to Mittal, the rollout of the new function is scheduled for the first quarter of 2023.

In addition, Mittal said that Google Cloud is making up to $100,000 in Cloud Credits accessible to “select startups in the Solana ecosystem.” Anatoly Yakovenko, the founder of Solana, praised Google’s decision. To integrate Solana into BigQuery as a “pretty big lift” onstage at Breakpoint.

In response to a question about how Google might help with “hard engineering problems.” Yakovenko mentioned improving SDKs to speed up application development and solve the “unsolved problem” of storing seed phrases.

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Content writer by profession. A crypto lover and has passion for writing. Follows the developments of digital currency right from its launch, years ago.