Cryptocurrency Analysis and News Portal
BLOCKCHAIN BAKE-OFF! In July, when the smart-contracts blockchain Celo proposed to ditch its independent “layer-1” status in favor of becoming a layer 2 network atop Ethereum, the people behind the project may have had little inkling of just how popular they would become. Now there’s suddenly a burst of competition
Read More
Kanani, who founded Polygon in 2017 alongside Sandeep Nailwal and Anurag Arjun, announced his plans in a post on X (formerly Twitter) on Wednesday. Source
Read More
Google Cloud, the renowned cloud computing service provided by Google, has made a significant move by becoming a validator on the Polygon
Read More
Polygon Labs announced on Sept. 29 that Google Cloud has joined the Polygon proof-of-stake network as a validator. Google Cloud joins over 100 other validators verifying transactions on its layer-2 Ethereum network. This month, @GoogleCloud became part of the decentralized validator set for Polygon PoS.The same infrastructure used to power @YouTube
Read More
GOOGLE BLOCKCHAIN: In a sign that big tech companies are nosing into blockchain, Google’s cloud-computing division is increasingly popping up in crypto news headlines, and top executives focused on Web3 are making the rounds with media. Last week, Google Cloud announced it would add 11 networks including Polygon, Optimism and
Read More
“Over the past 18 months we’ve been investing in this space, we’ve continued to hire, we’ve continued to grow not only our business development and our go-to-market teams but also our product and engineering capabilities,” James Tromans, global head of Web3, Google Cloud, told CryptoX TV in an interview last
Read More
Polygon Labs has suggested that the Celo blockchain community utilize its Chain Development Kit (CDK) for their upcoming Layer 2 transition on Ethereum. This proposal surfaces after Celo’s core team, cLabs, revealed an alternative idea involving a transition from Layer 1 to an Ethereum-based Layer 2 using software from OP Labs
Read More
Celo, a blockchain platform, is exploring migrating from its standalone blockchain to an Ethereum (ETH) Layer-2 (L2) network. Originally, Celo had planned
Read More
Celo may be inclined to consider the Polygon proposal as well as potentially other project teams that might float their own competing offers: “Frankly, would not be surprised to see other stacks chime in too,” a person close to the Celo ecosystem told CryptoX. Source
Read More
Polygon (MATIC) enthusiasts remain undeterred as they continue to push the price of the digital asset higher despite a prevailing bearish market
Read More