This Thursday Google announced the launch of their cloud-based blockchain node engine service for Ethereum developers and projects.
Google’s product, formally known as Blockchain Node Engine, is a “fully managed service,” which means clients won’t need to employ separate teams to operate or keep an eye on their nodes. Instead, the company says that they will “actively monitor the nodes and restart them if anything goes wrong.
At the moment the node engine will be supporting Ethereum only but the company is planning to expand that in the future. Crypto firms and Web3 service providers can use the Blockchain Node Engine offering, which is a “fully managed node-hosting service.”
On this James Thomas, Google’s Director of Cloud Web3 said
“We recognize that other chains are gaining momentum, some of which we also plan on supporting in the future”
Through a blog post google shared that a number of security measures like Google’s Cloud Armor are also included in the Blockchain Node Engine, which is intended to prevent denial-of-service (DDoS) assaults that spam networks and shut them down
According to the company, its nodes will also be protected by a VPC firewall, which enables customers to choose the specific rights they need. Additionally, customers will have the option to select the geographic location of their nodes.
Nodes run the code for crypto networks, are a fundamental component of Web3, and are necessary for the smooth operation of networks like Ethereum. A network can become more decentralized, scalable, and safe as it grows in nodes.
While explaining how the node engine can help in preventing outages James Tromans, said in a mail that there are “a lot of various reasons” why outages occur.
He further continued that “The more providers who offer high-quality node infrastructure, like that of Google Cloud, the more resilience we have in place and the less likely it is that end users will experience disruption”.
Google’s take on blockchain and Web3.0 technology
Google is one of the top investors in blockchain technology, according to a Blockdata analysis. This was calculated after analyzing its investments in companies including Fireblocks, Digital Currency Group (DCG), Dapper Labs, and Vultage.
The company referred to blockchain technology as a “tremendous innovation” in January while announcing plans to provide node validators as a service and data hosting services for the blockchain histories of cryptocurrencies like Bitcoin, Ethereum, Dogecoin, and Polygon, to mention a few.
Google previously announced this year that it had assembled a team of employees to focus on digital assets and cloud-based Web3 services.
Google is well aware of the fact that it already operates on a worldwide scale and wants to be a major participant in the Web3 infrastructure market. By providing such cloud-based services, Richard Widmann, Google’s Head of Web3 Strategy, previously stated that the Mainnet conference that he is attempting to “create a gigantic bridge” between the traditional tech business and Web3.
Recently we heard about the collaboration between Google and Coinbase to promote Web3 innovation. With that, the Web3 companies which 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.
A Google representative at the time stated, “We’re giving technologies for firms to use and take advantage of the distributed nature of Web3 in their current businesses and enterprises.” According to the most recent announcement of a node engine offering, the service seeks to offer “streamlined provisioning,” “secure development,” and “completely managed operations.”
In addition to providing Google Cloud’s service level agreement (SLA), Blockchain Node Engine can free up your team to concentrate on your consumers rather than your infrastructure, according to Google’s blog post. We are excited to provide businesses with a dependable, user-friendly blockchain node hosting service so they can concentrate on developing and growing their Web3 applications.
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