EOS blockchain, created by Block.One, makes use of a singular semi-decentralization characteristic – a community of 21 block producers. Not like Bitcoin and plenty of different networks which permit an infinite variety of nodes to mine and confirm transactions, all 21 nodes on EOS have to be elected by present EOS holders. There are additionally back-up block producers which may step in at at any given time, ought to any of the primary 21 fail to carry out.
The biggest block producers in the present day are run by crypto exchanges Binance, Huobi and OKEX, in addition to different knowledge facilities created by EOS group.
Google is the primary Silicon Valley large to hunt to change into an EOS block producer. By this new partnership, Google Cloud will work with Block.one to allow new methods for its open-source group of builders to interact and construct functions on EOS.
Google revealed an official assertion on-line:
“Google Cloud has partnered with Block.one and can change into a block producer candidate to supply infrastructure in help of the EOS community, which is constructed on the EOSIO blockchain protocol revealed by Block.one. Google Cloud’s extremely provisioned, low-latency world fiber optic community supplies stability, reliability, safety, and in depth world infrastructure protection for Block.one’s public blockchain efforts and improvement.”
Block.one subsequently revealed its personal announcement welcoming Google Cloud to the EOS Neighborhood:
“Block.one is worked up to report that Google Cloud, a world hyperscale cloud and infrastructure supplier, will be part of the EOS group and is taking steps to change into an EOS community block producer. The EOS community is constructed on the EOSIO blockchain protocol revealed by Block.one.
Block producers are a core part of the EOS community; attracting a block producer candidate of Google Cloud’s caliber marks a milestone for the community. As one of many world’s leaders in technological innovation, Google Cloud’s deliberate participation underscores the significance of blockchain to the way forward for enterprise, authorities and society. Google Cloud will leverage the EOS community’s world-class efficiency and vibrant open-source group as it really works to change into a block producer.”
Dan Larimer, CTO at Block.one, expanded on the welcome:
“Google Cloud will proceed to supply its extremely provisioned, low-latency infrastructure to Block.one…By safe oracles, inter-chain transaction reporting, key administration, and high-integrity full-node validation, Google Cloud’s confidential computing infrastructure will improve the safety, scalability, and decentralization of blockchain know-how.”
This improvement is of explicit significance as China continues to take steps to increase its personal cloud computing footprint globally by way of the Blockchain Providers Community (BSN).