ETH price forecast after Google launches Cloud Node Engine for devs

ETH price forecast after Google launches Cloud Node Engine for devs
фото показано с : invezz.com

2022-10-29 13:42

Google announced that it would launch a cloud-based node for Ethereum  (ETH/USD) developers as well as projects, known as the Blockchain Node Engine.

Ethereum is the second largest cryptocurrency in terms of market capitalization and has recently switched to the Proof-of-Stake (PoS) consensus mechanism.

The network is known as a home for many Decentralised Finance (DeFi), Decentralised Applications (dApps), and non-fungible tokens (NFTs) projects.

Google’s Blockchain Node Engine as a catalyst for growth

Within the latest Ethereum news, Google announced on October 27, 2022, that they are launching the Blockchain Node Engine, a fully managed node-hosting for Web3 development.

Google’s offering will be a fully managed service, and this essentially means that customers will not have to hire their own teams as a means of monitoring or to maintain these nodes.

Google will actively monitor the nodes and restart them at points in time when anything goes wrong. Furthermore, this Blockchain Node ENgine will include a variety of security features, such as Google’s Cloud Armor, designed to prevent denial-of-service (DDoS) attacks that spam and slow down networks.

Furthermore, Google claims that these nodes will be behind a VPC firewall that allows users to customize permissions and can choose where their nodes are geographically deployed. 

Should you buy Ethereum (ETH)?

On October 28, 2022, Ethereum (ETH) had a value of $1,507.70.

ETH/USD Chart by Tradingview.

The all-time high of Ethereum (ETH) was on November 10, 2021, at a value of $4,878.26. Here we can see that at its ATH, the token was $3,370.56 higher in value, or by 223%.

When we go over the 7-day performance of the cryptocurrency, we can see that Ethereum (ETH) had its low point at $1,264.48, while its high point was at $1,577.20. Here we can see an increase in value of $312.72 or by 24%.

However, when we take a look at its 24-hour performance, the low point was at $1,494.08, while its high point was at $1,570.82. This indicates an increase of $76.74 or by 5%.With all of this in mind, investors should buy ETH as it can climb to $1,700 by the end of November 2022.

The post ETH price forecast after Google launches Cloud Node Engine for devs appeared first on Invezz.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Internet Node Token (INT) на Currencies.ru

$ 0.0373282 (-0.28%)
Объем 24H $2.352m
Изменеия 24h: -1.67 %, 7d: -7.90 %
Cегодня L: $0.0373282 - H: $0.0377837
Капитализация $1.986m Rank 99999
Доступно / Всего 53.21m INT

node ethereum engine eth google largest terms

node ethereum → Результатов: 126


Blockchain middleware protocol Pocket Network expands global availability

Pocket Network, an infrastructure middleware protocol that facilitates decentralized cloud computing and abundant bandwidth on full nodes to other applications in Web3 across 37 blockchains, including Ethereum, Polygon, Avalanche, Solana, Fuse, and Harmony, announced today its decentralized node infrastructure has expanded globally across 6 continents and into 30+ countries.

2022-3-15 22:08


Bison Trails Aims to ‘Significantly Reduce’ Node Syncing Times on Ethereum & Polkadot

Blockchain infrastructure company, Bison Trails, announced its Global Blockchain Sync platform, aiming to significantly cut down on time spent in syncing nodes across blockchains The post Bison Trails Aims to ‘Significantly Reduce’ Node Syncing Times on Ethereum & Polkadot first appeared on BitcoinExchangeGuide.

2021-2-17 21:25


Фото:

Kraken Plans to Runs a Chainlink Node For Better Accuracy In DeFi

Kraken, one of the world’s most liquid centralized exchanges, plans to runs a Chainlink node, a press release on Feb 1. Supplying Reliable Pricing Data to Ethereum Accordingly, they will be providing pricing data to Ethereum developers and different DeFi protocols that rely on Chainlink for verified and trusted real-world data for smart contract activation.Read More

2021-2-2 22:00


Publicly-Traded Ether Capital Begins Staking on an Ethereum 2.0 Node

The Toronto-based company, whose business model centers around building for Ethereum and the Web 3 ecosystem, made the announcement on Tuesday, Dec 1. Crypto analysts believe the move signals the entry of institutional investment into Ethereum, with a possible knock-on effect of strengthening the DeFi ecosystem and boosting the underlying asset price.

2020-12-2 23:20