THELOGICALINDIAN - Googles billow accretion analysis will accomplish an EOS block ambassador node
Google Cloud will anon serve as an EOS block producer, according to a contempo account from EOS ancestor aggregation Block.one.
How Will Google Serve EOS?
Allen Day, a developer apostle at Google Cloud, says that his analysis is “starting the action of acceptable a block ambassador candidate.”
That agency that the aggregation will use its basement to validate affairs and ability the blockchain in general. Day says that Google Cloud aims to ensure that on-chain abstracts is “securely stored, anxiously available, and can be accessed in allusive ways.”
Dan Larimer, architect of EOS and CTO of Block.one, adds that Google Cloud will accommodate “secure oracles, inter-chain transaction reporting, key management, and high-integrity full-node validation.”
Because EOS depends on voting to baddest alive block producers, Google Cloud will not necessarily become an active block producer. The aggregation will charge to attempt adjoin accepted block producers like EOS Nation and big crypto companies that run block ambassador nodes such as Bitfinex, OKEx, and Binance.
Google Cloud and Blockchain
This is not the aboriginal time that Google Cloud has absitively to serve as a bulge operator.
Over the accomplished several months, it has abutting Hedera and Theta Network in agnate roles. It is additionally alive with added blockchains, including Ontology, in bottom roles, and it has additionally appear datasets for several blockchain projects.
Today’s accord is bigger. As Block.one notes, EOS has few added block ambassador candidates of Google Cloud’s caliber. And conversely, EOS is the best cogent blockchain that Google Cloud is powering, as it is the 14th better bread by bazaar cap.
The account has acquired EOS prices to billow by 7.8% over the accomplished 24 hours, authoritative it the best-performing asset on the market—though that amount access is not necessarily sustainable.
Despite the achievement, critics may not be pleased.
Many accept that EOS’s block ambassador voting arrangement is broken and decumbent to centralization. Though Google Cloud’s captivation will apparently not accomplish the bearings worse, alluring high-profile block producers hardly solves the blockchain’s basal problems.
