Google Cloud Gets Involved With Theta Network as Its 2.0 Mainnet Launches
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Google Cloud Gets Involved With Theta Network as Its 2.0 Mainnet Launches

THELOGICALINDIAN - Theta has brought Google Billow on lath as a bulge abettor and billow account provider

Theta Network, a blockchain-based media platform, has announced that Google Billow will serve as a bulge abettor and billow provider. The account coincides with Theta’s 2.0 mainnet launch.

Google Cloud’s Contributions

Google Billow will run an action validator bulge for Theta, acceptation that it will validate crypto affairs on the Theta blockchain. It will additionally serve as a “preferred billow provider,” and users who appetite to run a Theta bulge will be able to arrange the appropriate software from the Google Billow Marketplace quickly. Finally, Google Billow will advice accommodate the billow basement for Theta.tv, the project’s video alive site.

Crypto companies Binance and Blockchain.com are additionally confined as action validators, forth with the Japanese VC close Gumi.

What Is Theta?

Theta sets itself apart from added video alive sites by relying on peer-to-peer agreeable delivery, which the aggregation argues suffers from achievement issues. Theta aims to accomplish alive added attainable and added censorship-resistant by abbreviation the charge for centralized abstracts delivery.

The belvedere mainly hosts e-sports (or aggressive video bold streams) at the moment. However, it additionally appearance added alive video genres, such as poker tournaments, NASA/SpaceX broadcasts, blockchain conferences, and archetypal films.

The project’s primary token, THETA, has a $302 actor bazaar cap, authoritative it the 30th better cryptocurrency—though that accomplishment is partially due to a amount billow that may not be sustainable.

Users who address their internet bandwidth to the belvedere can acquire acquirement in the anatomy of a accessory badge (TFUEL).

Is It a Real Partnership?

As a “big five” tech company, Google artlessly generates hype, and accomplished contest accept led to overblown reports of blockchain partnerships.

In this case, Theta has alleged Google Cloud a partner, while Google Cloud has said that it is “participating” in the project. By any definition, it’s bright that Google Cloud is actively acknowledging the activity with its infrastructure.

Furthermore, Google Billow has a audible absorption in blockchain. It additionally serves as a bulge abettor and billow accomplice for Hedera Hashgraph. And admitting its captivation with Chainlink is not so deep, Google Billow did affiliate its datasets with Chainlink’s answer system.

Of course, it is still accessible that the affiliation amid Google and Theta is overhyped. Google Cloud is aloof one analysis of Google, and it is absurd that Google itself will advance the activity widely.