Polygon Labs and Google Cloud Announce Partnership
At the Consensus 2023 conference, which took place from April 26 to 28, 2023 in Austin, Texas, Polygon Labs and Google Cloud announced a long-term partnership. The goal of this collaboration is to accelerate development throughout the Polygon ecosystem.
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The partnership involves sharing developer tools (SDK packages) to make it easier to create new dApps and expand Web 3.0 products in the Polygon ecosystem. The companies will also collaborate on marketing and engineering initiatives.
Google Cloud is bringing node hosting management services to the Polygon ecosystem to help facilitate the operation of private nodes and diversify cloud services throughout the Polygon ecosystem.
Other supported Google Cloud services include:
A specialized application chain that allows businesses and other application-specific developers to customize and expand the blockchain space to suit their needs. Polygon Labs plans to enable the deployment of a developer network (DevNet) with one click to Google Cloud by the end of Q3. Developers interested in deploying Supernets will be able to set up a network with three to five nodes with a simulated bridge in their Virtual Private Cloud (VPC). This will allow them to quickly gauge the required space for their project.
Developers can now quickly and easily deploy Polygon PoS (Proof of Stake) nodes through the Google Cloud Marketplace. The Polygon blockchain dataset was listed on the Google Cloud Marketplace as part of the Google Cloud Public Dataset Program in 2021. Developers can now leverage this dataset along with the BigQuery tool, Google Cloud's serverless enterprise data warehouse, and Polygon PoS or Polygon Supernets. By analyzing data in real time across the chain, developers can provide insights for future development.
This is a tool that enables faster, cheaper transactions for DeFi, GameFi and more. The tool is the equivalent of an Ethereum Virtual Machine (EVM) and can be easily integrated with existing dApps from the Ethereum blockchain. It uses an advanced form of cryptography called Zero-Knowledge proofs (ZK). Together with Google Cloud and Searce, Polygon Labs will develop an innovative strategy to enable Web 3.0 developers to achieve decentralization, scalability and security without compromise. Ongoing tests have shown that zkEVM on Google Cloud has both increased speed and reduced transaction costs compared with Polygon's current zkEVM setup.
Google Cloud also supports startups in the Polygon ecosystem. These startups must be supported by Polygon Ventures and are eligible for support from the Google for Startups program.
- Grants up to 200,000 USD for using Google Cloud and Firebase for up to 2 years
- Invitation to exclusive Discord groups with Google engineering and product teams
- Free access to Web 3.0 educational lab
- Access to Google Cloud products and plans related to Web 3.0
The collaboration between Polygon Labs and Google Cloud could bring significant benefits to developer teams who are trying to build the Polygon ecosystem, as improving transaction throughput will enable them to work more quickly and efficiently, especially in the GameFi and DeFi areas. With low transaction costs, these areas will be more accessible to all users, and the overall dApp user experience will be improved. The collaboration also brings benefits for the implementation of Web 3.0 and blockchain into the real world, which could lead to the development of new dApps and solutions in various areas.
Overall, this collaboration could attract more developer teams to the Polygon ecosystem and support the development of the entire blockchain environment.
Decentralization and corporate services may seem like contradictory concepts at first glance. However, as we can see, mutual collaboration between these areas can bring positive results and accelerate the development of blockchain ecosystems. Without corporate services, the development of the blockchain could be significantly slowed, as they are capable of providing the financial and technical support necessary for growth.
It is important to realize that corporate services see an opportunity to gain new users for their services, while also helping blockchain technology overcome certain obstacles. Ideally, both parties will benefit from these partnerships: corporations will have access to new users, and blockchain projects will be able to obtain the necessary resources and support for their growth. However, it is important to protect decentralization and ensure that corporations do not influence decisions that could lead to the centralization of power and censorship of transactions.