Google Cloud and Zilliqa Group have launched a multi-year strategic partnership. The partnership which was announced today during the ongoing Token2049 conference in Singapore will enhance scalability, robustness, and data availability of the Zilliqa layer 1 blockchain protocol.
With Google Cloud’s participation, projects within the Zilliqa Group as well as those in the broader ecosystem, have the potential to benefit from amore stable platform supporting a variety of Web3 services and decentralized applications (dApps) built on the Zilliqa blockchain.
With the addition of Google Cloud, the Zilliqa network will have a total of 28 staked seed node (SSN) operators on the Zilliqa network. As an SSN operator, Google Cloud will host node infrastructure while assisting with transaction validation, enabling more users to participate in the decentralization, securitization, and governance of the network.
Zilliqa Group will leverage Google Cloud’s open, secure, scalable, and energy-efficient infrastructure and cloud services to increase the adaptability, robustness, and data accessibility of its blockchain technology, having also chosen Google Cloud as its strategic cloud provider.
ZIL holders can participate in the rewards for decentralizing the Zilliqa network by delegating their ZIL to be staked through the Google Cloud SSN or other SSN of their choice.
Zilliqa Group CEO Matt Dyer commented saying: “Our strategic partnership with Google Cloud is more than just a technological alliance; it’s a strategic alignment to enhance the goals of our network of enterprises and income-generating organizations.
The infrastructure knowledge of Google Cloud and its role as a committed seed node partner highlight our dedication to excellence, both within the Zilliqa Group of enterprises and throughout the larger ecosystem. Together, we’re laying the groundwork for a fresh round of innovation and expansion in the Web3 industry.
As Zilliqa continues to refine and expand its layer 1 blockchain capabilities from a proof of work consensus to adopting a Proof of Stake consensus mechanism. With an improved sharding system, and the launching of an Ethereum Virtual Machine (EVM) compatibility included in their roadmap. It has become paramount to emphasize network stability and this partnership will help address the stability issues.