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Google Cloud has joined the bandwagon too!
Google Cloud has joined the EOS blockchain network community, a clear indication that exploration for further technological possibilities is brewing. Just a day ago, Block one which is the developer of the EOSIO blockchain protocol on which the EOS network is built said that Google Cloud is taking all the necessary steps towards becoming an EOS network block producer (BP)
Google Cloud has become a part of the blockchain community to become a blockchain producer that would call for the approval of the EOS community adding to its 21 block producers if it gets approved. Allen Day, a Google Cloud developer and advocate quoted that his organizations have already begun the process of becoming a block producer:
“As organizations begin to incorporate distributed ledger technology into their infrastructures, we are committed to ensuring that the information on public blockchains are securely stored, reliably available, and can be accessed in meaningful ways.”
The EOS project aims to improve per-second transaction rates in addition to supporting an array of smart contracts and public/private blockchains. Software firm Block one believes that Google Cloud’s participation is a huge milestone for the network, accentuating the importance of blockchain to the future of businesses, society, and government.
If Google is accepted as a block producer, it will have a say in the future security, scalability, and decentralization facets of the blockchain. But the first process is to be selected by the existing token holders on the EOS network and the criteria keeps changing.
Block one said:
“Because of the speed of the EOS Network, voting changes are calculated immediately, so they can be made very quickly if we so choose. It’s really up to Google Cloud and what their plans are for engaging with the EOS network community. And because voting on EOS is open-ended and continuous, to ensure that the top 21 are always a real-time reflection of the aggregate will of the EOS token-holders, we will be constantly evaluating Google Cloud against our criteria, just as we do with all Block Producer candidates.“
Block one has further announced that a former Goldman Sachs veteran named R.Martin will be at the helm of affairs in the advisory board. The company said that it had full confidence that Google Cloud will be able to meet the voting criteria.
EOS network was launched in 20018 as a decentralized blockchain-based on the EOSIO framework which is open-source. The project aims to improve the transaction rates and carving a niche in terms of per second rate. Google Cloud is into offering and managing cloud solutions and fiber-optic networks, not to forget that it is the largest tech behemoth in the world and is believed to be a great fit for public blockchain networks.
Block one’s CEO Brendan Blumer claimed that EOS is behind most of the public blockchain activity and further implied:
“With the majority of global public blockchain activity, EOS is a powerful solution for anyone looking to leverage the decentralized ecosystem with ease”.