cryptocurrency

Google Cloud to run a Validator node on the Ronin . network

  • The collaboration will take place with the help of Searce, a provider of cloud-based services.
  • Google Cloud joins the ranks as the 18th validator.

Web3 Axie Infinity Company, which he founded Sky Mavisenlisted the help of a major Web2 IT firm in an effort to further decentralize the Ronin Network, a specialized sub-chain of Ethereum built for NFT-powered gaming.

Sky Mavis just announced a partnership with Google Cloud. The cloud computing arm of the global computer giant will operate a validation node on the Ronin network. Moreover, this means that Google Cloud will be essential in protecting and processing transactions on the sidechain network.

Endorsements doubled after the assault

An official press release states that Google Cloud They have been the company’s “strategic cloud partner” since 2020, but this development marks a change in their partnership. Moreover, Searce, the cloud-based service provider, will help to collaborate.

After the Ronen Network suffered a loss of $552 million worth of cryptocurrency in a major attack in March. The number of auditors doubled. Moreover, Google Cloud joins the 18th rank.

It is believed that Lazarus, a North Korean government-backed hacking organization, was responsible for the attack on five of the nine auditors, which involved the use of stolen private keys.

With the addition of Yield Guild Games, a company of Web3 game syndicates, Nansen, DappRadar, blockchain analytics startups, and lead investor and game producer Animoca Brands, Sky Mavis is working towards its goal of having at least 21 auditors for Ronin.

In the past, Google Cloud joined the board of directors of Hedera Hashgraph. It has verified transactions for video platform Theta Labs, both of which are networks built on blockchain technology. Google Cloud Platform announced in May that it had assembled a Web3 team to support blockchain-based applications.

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