CryptocurrencyEOS

Google Cloud has become a block producer candidate on the EOS network

Cloud provider Google Cloud has joined the EOS community and has joined the ranks of block producer candidates for this network. Against the background of this news, the EOS rate gained more than 10%.

Block creators are one of the key elements of the EOS ecosystem, and interaction with providers such as Google Cloud is an important milestone in the history of the project. Google Cloud is considered one of the world leaders in technological innovation, so attracting such a large partner will help promote blockchain adoption at the commercial, government and community level.

“Given that organizations are increasingly starting to implement distributed ledger technology in their business processes, we are interested in safe and transparent data storage in open blockchains. From our side, we will provide Block.one with the infrastructure that will ensure the stability, reliability and security of data, ”said Google Cloud developer Allen Day.

Block.one CTO Dan Larimer added that with secure oracles, cross-network transaction reporting, key management, and strong full node validation, Google Cloud will help scale and decentralize blockchain technology. 

According to Block.one CEO Brendan Blumer, the Google Cloud team shares the EOS philosophy and understands EOSIO’s high-performance technology principles. Blamer also thanked Google Cloud for joining the EOS community.

Google Cloud is currently a candidate, but to be on the list of approved block producers, Google Cloud needs to get enough votes from EOS holders. To increase transparency, Google Cloud will launch a service that will display data on its interaction with the EOS blockchain.

As a reminder, in May, Block.one put forward a number of requirements for block producers wishing to vote with EOS coins. One of the requirements is the disclosure of information about the location of nodes.

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