As a seasoned crypto investor with over a decade of experience navigating the complexities of the blockchain world, I find the collaboration between Google Cloud and ZetaChain truly intriguing. My first foray into cryptocurrencies was back when Bitcoin was still a mysterious concept, and Ethereum was just a twinkle in Vitalik Buterin’s eye.
Google Cloud has joined forces with ZetaChain to support its Universal Blockchain.
The partnership, as outlined in a recent ZetaChain announcement, is geared towards fostering widespread utilization of Web3 technology and making it simpler for developers to create applications that function seamlessly across numerous blockchain networks.
Google Cloud is set to act as a verifier for ZetaChain (ZETA), contributing to the security and expansion of the blockchain infrastructure.
As a blockchain analyst, I’d express it this way: Leveraging ZetaChain’s Universal Blockchain technology, I can develop “Universal Applications” – these are decentralized solutions that operate seamlessly across various blockchain ecosystems, including Bitcoin (BTC) and Ethereum (ETH), thereby expanding their potential reach.
Unlike many blockchain systems that typically operate independently and cannot exchange data or assets with other networks, this method stands out for its ability to interact and share information with other networks.
ZetaChain’s model strives to enhance ease of use and interconnectedness within the blockchain sector, much like the internet facilitates effortless navigation among numerous websites and digital platforms.
In their function as a validator, Google Cloud will make use of its robust infrastructure to safeguard transactions within the ZetaChain blockchain. This crucial role involves confirming and logging data, thereby maintaining the blockchain’s credibility and providing a dependable record for all involved parties, ensuring transaction reliability.
Zeta Tokens
ZetaChain has pledged to distribute a million of its own tokens among five validators operating on Google Cloud’s platform. This distribution serves to bolster the network by providing financial support and motivation for validator tasks, which play a key role in ensuring both the security and proper functioning of the system.
Developers working with ZetaChain now gain entry to Google Cloud’s Web3 Startups Program, which provides them with cloud credits intended to lessen their infrastructure expenses.
Moreover, Google Cloud is set to incorporate ZetaChain’s testnet faucet, providing developers with a convenient way to obtain test tokens on demand. This integration simplifies the process of application testing and development by making it more efficient.
Google Cloud has backed the BNB Chain network’s growth by allocating a $10 million fund towards its Most Valuable Builder (MVB) accelerator initiative. This investment serves to strengthen the development of decentralized applications within the BNB Chain, leveraging Google Cloud’s Web3 Startups Program for support.
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2024-11-12 19:06