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Bull run gonna start? Google Introduces Blockchain node engines!

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by COINS NEWS 104 Views

Google said today:

Blockchain is changing the way the world stores and moves its information. Building on our commitment to help Web3 developers build and deploy new products on blockchain-based platforms, today we’re thrilled to announce Google Cloud’s Blockchain Node Engine. Blockchains consist of transaction data that is permanently stored and encrypted, acting as decentralized databases of sorts. Instead of relying on a central entity to validate and store data, the governing infrastructure of a blockchain is a node — a device, such as a computer, laptop, or server, that contains a full copy of the transaction history of the blockchain. Nodes on a blockchain form a peer-to-peer network, constantly exchanging the latest blockchain data so that all nodes stay in sync.

While self-managed nodes are often difficult to deploy and require constant management, Blockchain Node Engine is a fully managed node-hosting service that can minimize the need for node operations. Web3 companies who require dedicated nodes can relay transactions, deploy smart contracts, and read or write blockchain data with the reliability, performance, and security they expect from Google Cloud compute and network infrastructure.

Ethereum will be the first blockchain supported by Blockchain Node Engine, enabling developers to provision fully managed Ethereum nodes with secure blockchain access.

https://cloud.google.com/blog/products/infrastructure-modernization/introducing-blockchain-node-engine

submitted by /u/Thomasandrows
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