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Google Moves Deeper Into Blockchain With LayerZero Deal
Blockchain interoperability protocol LayerZero has announced a strategic partnership with Google Cloud, making it the default oracle for cross-chain messages.
Many believe that multiple blockchains will co-exist in the future. Hence, secure communication between these chains is necessary for a seamless developer and user experience.
Google Cloud Becomes Default Verifier For LayerZero
On Tuesday, the LayerZero team announced its partnership with Google Cloud. This partnership will enable LayerZero users to leverage Google Cloud’s infrastructure by default for every message. LayerZero Labs wrote on X (Twitter):
“The Google Cloud oracle is a purpose built verifier that is available today to all LayerZero applications and will be configured as the default as of Sept. 19th.”
LayerZero announced its partnership with Google Cloud. Source: X (Twitter)
Click here to read our detailed guide on the interoperability protocol LayerZero
As a result of this partnership, some community members were concerned that it would affect the decentralization aspect of LayerZero. An X (Twitter) user questioned the CEO of LayerZero Labs, Bryan Pellegrino:
“I hope this move doesn’t trade off decentralization in the quest for optimal security in the long run.”
To which Pellegrino clarified:
“Of course not, goal has always been maximum optionality for the end developer / application. Many will want this, for many others it will be one piece of the stack (combine this with Polyhedra Network, TSS, or any other oracle) to create your own security stack.”
The announcement has also increased speculations about a possible LayerZero airdrop among community members.
The community anticipates a LayerZero airdrop. Source: X (Twitter)
In contrast, some have expressed disappointment with too much focus on airdrops. A community member wrote:
“Aptos partnered up with Google Cloud but no one cared because they were already done giving their airdrop. We only care about free money at the end of the day.”
Google’s Web3 Strategy
It is not just LayerZero and Aptos, but Google has also been exploring strategic partnerships with various Web3 firms. For example, in April 2023, it signed a multi-year partnership with Polygon Labs to allow Polygon developers to use the infrastructure of Google Cloud.
Click here to read our detailed guide on cloud mining.
In November 2022, Google Cloud announced that it would become a Solana validator. Also, in October 2022, Google Cloud launched a node hosting service called Blockchain Node Engine. Previously, in January 2022, Google announced it was forming a dedicated blockchain and distributed computing division.
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Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content.
