Google Cloud Has Joined EOS as a BP Node

2020-10-7 01:01

Google Cloud will soon serve as an EOS block producer, according to a recent statement from EOS parent company Block.one.

How Will Google Serve EOS?

Allen Day, a developer advocate at Google Cloud, says that his division is “starting the process of becoming a block producer candidate.”

That means that the team will use its infrastructure to validate transactions and power the blockchain in general. Day says that Google Cloud aims to ensure that on-chain data is “securely stored, reliably available, and can be accessed in meaningful ways.”

Dan Larimer, creator of EOS and CTO of Block.one, adds that Google Cloud will provide “secure oracles, inter-chain transaction reporting, key management, and high-integrity full-node validation.”

Because EOS depends on voting to select active block producers, Google Cloud will not necessarily become an active block producer. The team will need to compete against long-established block producers like EOS Nation and big crypto companies that run block producer nodes such as Bitfinex, OKEx, and Binance.

Google Cloud and Blockchain

This is not the first time that Google Cloud has decided to serve as a node operator.

Over the past several months, it has joined Hedera and Theta Network in similar roles. It is also working with other blockchains, including Ontology, in lesser roles, and it has additionally released datasets for several blockchain projects.

Today’s collaboration is bigger. As Block.one notes, EOS has few other block producer candidates of Google Cloud’s caliber. And conversely, EOS is the most significant blockchain that Google Cloud is powering, as it is the 14th largest coin by market cap.

The news has caused EOS prices to surge by 7.8% over the past 24 hours, making it the best-performing asset on the market—though that price increase is not necessarily sustainable.

Despite the achievement, critics may not be pleased.

Many believe that EOS’s block producer voting system is broken and prone to centralization. Though Google Cloud’s involvement will probably not make the situation worse, attracting high-profile block producers hardly solves the blockchain’s underlying problems.

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 eos joined cloud google

node eos → Результатов: 19


Ethereum Gets a B, EOS Gets an F: Node Quality Study Ranks Top Crypto Assets

As competition builds within the blockchain industry, investors and prospective users alike have to undergo the arduous task of evaluating which blockchains have the best fundamental strength. Ethereum has long been favored by users and developers, but over the past three years a plethora of competitors have surfaced, making it difficult to discern which blockchain.

2019-12-18 00:00


Фото:

Next-gen Blockchain IOST is Gearing Up for Mainnet Launch, Now Accepting Node Applications

IOST, a next-generation blockchain is getting ready to compete with legacy networks like Ethereum and EOS with their Mainnet set to launch in less than 50 days time. With their innovative consensus mechanism, governance model and reward sharing across the network, IOST is aiming to take significant market share by delivering a more decentralised version of EOS with speeds […] Next-gen Blockchain IOST is Gearing Up for Mainnet Launch, Now Accepting Node Applications was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2019-1-2 17:02


Фото:

Производителей блоков EOS уличили в сговоре

Производители блоков в сети EOS могут участвовать во взаимном голосовании  и делиться доходами. Об этом свидетельствует утекший в сеть документ «Huobi Pool Node Account Data 20180911», автором которого предположительно является сотрудник биржи Ши Фэйфэй (Shi Feifei).

2018-9-30 11:58


Производитель блоков EOS объяснил причину сбоя в сети

В EOS New York сообщили, что 8 июля ноды некоторых производителей блоков приостановили работу из-за того, что объем используемой оперативной памяти на блокчейне EOS превысил 1 Гб. Some Block Producers crashed when RAM usage on EOS exceeded 1GB tonight.

2018-7-9 14:55