{"id":31069,"date":"2024-04-11T10:59:44","date_gmt":"2024-04-11T10:59:44","guid":{"rendered":"http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/"},"modified":"2024-04-11T10:59:44","modified_gmt":"2024-04-11T10:59:44","slug":"google-cloud-joins-this-defi-platform-as-node-operator","status":"publish","type":"post","link":"http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/","title":{"rendered":"Google Cloud Joins This DeFi Platform as Node Operator"},"content":{"rendered":"


\n<\/p>\n

\n

Google Cloud has escalated its blockchain involvement by participating as a node operator on the EigenLayer mainnet on Tuesday.<\/p>\n

This marks a pivotal moment in the tech giant\u2019s Web3 journey. <\/p>\n

EigenLayer Receives Interest From Google Cloud Upon Mainnet Launch<\/h2>\n

This advancement, announced by Sam Padilla, Web3 product manager at Google Cloud, highlights the tech behemoth\u2019s commitment to the evolving restaking protocol ecosystem. Moreover, Google Cloud has also been involved in the EigenLayer testnet since November 2023.<\/p>\n

EigenLayer\u2019s innovation enables Ethereum (ETH) staking across diverse platforms, a capability that went live for stakers in June. Now, as a mainnet node operator, Google Cloud has transitioned from participating in EigenLayer\u2019s \u201cOperator Working Group\u201d to playing a critical role in the network\u2019s operation.<\/p>\n

Google Cloud has been proactive since initiating its blockchain division in early 2022. It launched the Blockchain Node Engine, initiated a web3 startup program, and forged alliances with key protocols like Polygon and LayerZero. Consequently, its venture into EigenLayer represents a strategic expansion of its Web3 footprint.<\/p>\n

Read more: What Is EigenLayer?<\/p>\n

Amid concerns about large cloud services affecting decentralization, EigenLayer maintains a balance by allowing diverse participation in its operator registry. Therefore, Google Cloud\u2019s involvement enhances the protocol\u2019s robustness and inclusivity.<\/p>\n

Furthermore, the recent mainnet activation introduced EigenDA, a novel data availability solution. Although the EigenLayer mainnet launch included some limitations, such as not including slashing, it signifies a major step toward full protocol maturity.<\/p>\n

\n

\u201cWe are allowing the EigenLayer marketplace to develop and stabilize before introducing in-protocol payments and slashing to mainnet later this year,\u201d EigenLayer explained.<\/p>\n<\/blockquote>\n

The initiative has accelerated EigenLayer\u2019s growth, with its total value locked (TVL) exceeding $13.33 billion, ranking it as the second-largest DeFi protocol. The liquid restaking tokens (LRTs) narrative is also revolutionizing DeFi, with EtherFi at the forefront, boasting a TVL of over $3.82 billion.<\/p>\n

EigenLayer TVL. Source: DefiLlama<\/figcaption><\/figure>\n

Significantly, venture capital interest in such emerging blockchain innovations is surging. For example, Andreessen Horowitz invested $100 million in EigenLayer in February, highlighting the sector\u2019s potential. Additionally, Binance Labs\u2019 investment in Renzo underlines the vitality of the liquid restaking domain.<\/p>\n

Read more: Ethereum Restaking: What Is It And How Does It Work?<\/p>\n

Renzo Protocol serves as EigenLayer\u2019s restaking hub, integrating Ethereum smart contracts to streamline the restaking process. It is the second largest liquid restaking protocol with a TVL of nearly $3 billion. <\/p>\n

\n
\n

Disclaimer<\/p>\n

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. Please note that our\u00a0Terms and Conditions,\u00a0Privacy Policy, and\u00a0Disclaimers\u00a0have been updated.<\/p>\n<\/div>\n<\/div><\/div>\n


\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Google Cloud has escalated its blockchain involvement by participating as a node operator on the…<\/p>\n","protected":false},"author":1,"featured_media":31070,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[26],"yoast_head":"\nGoogle Cloud Joins This DeFi Platform as Node Operator - iCoinMarket<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Google Cloud Joins This DeFi Platform as Node Operator - iCoinMarket\" \/>\n<meta property=\"og:description\" content=\"Google Cloud has escalated its blockchain involvement by participating as a node operator on the...\" \/>\n<meta property=\"og:url\" content=\"http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/\" \/>\n<meta property=\"og:site_name\" content=\"iCoinMarket\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-11T10:59:44+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/icoinmarket.com\/wp-content\/uploads\/2024\/04\/Google-Cloud-Joins-This-DeFi-Platform-as-Node-Operator.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"CryptoExpert\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"CryptoExpert\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/#article\",\"isPartOf\":{\"@id\":\"http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/\"},\"author\":{\"name\":\"CryptoExpert\",\"@id\":\"https:\/\/icoinmarket.com\/#\/schema\/person\/b833004b8442f2a803ee5ae3df2916b9\"},\"headline\":\"Google Cloud Joins This DeFi Platform as Node Operator\",\"datePublished\":\"2024-04-11T10:59:44+00:00\",\"dateModified\":\"2024-04-11T10:59:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/\"},\"wordCount\":466,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/icoinmarket.com\/#organization\"},\"image\":{\"@id\":\"http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/icoinmarket.com\/wp-content\/uploads\/2024\/04\/Google-Cloud-Joins-This-DeFi-Platform-as-Node-Operator.jpg\",\"keywords\":[\"Ethereum\"],\"articleSection\":[\"Technology\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/\",\"url\":\"http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/\",\"name\":\"Google Cloud Joins This DeFi Platform as Node Operator - iCoinMarket\",\"isPartOf\":{\"@id\":\"https:\/\/icoinmarket.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/#primaryimage\"},\"image\":{\"@id\":\"http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/icoinmarket.com\/wp-content\/uploads\/2024\/04\/Google-Cloud-Joins-This-DeFi-Platform-as-Node-Operator.jpg\",\"datePublished\":\"2024-04-11T10:59:44+00:00\",\"dateModified\":\"2024-04-11T10:59:44+00:00\",\"breadcrumb\":{\"@id\":\"http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/#primaryimage\",\"url\":\"http:\/\/icoinmarket.com\/wp-content\/uploads\/2024\/04\/Google-Cloud-Joins-This-DeFi-Platform-as-Node-Operator.jpg\",\"contentUrl\":\"http:\/\/icoinmarket.com\/wp-content\/uploads\/2024\/04\/Google-Cloud-Joins-This-DeFi-Platform-as-Node-Operator.jpg\",\"width\":1280,\"height\":720,\"caption\":\"Google Cloud Deepens Blockchain Footprint With EigenLayer Mainnet Node Operation\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"http:\/\/icoinmarket.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Google Cloud Joins This DeFi Platform as Node Operator\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/icoinmarket.com\/#website\",\"url\":\"https:\/\/icoinmarket.com\/\",\"name\":\"iCoinMarket\",\"description\":\"Latest Bitcoin & Cryptocurrency News\",\"publisher\":{\"@id\":\"https:\/\/icoinmarket.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/icoinmarket.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/icoinmarket.com\/#organization\",\"name\":\"iCoinMarket\",\"url\":\"https:\/\/icoinmarket.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/icoinmarket.com\/#\/schema\/logo\/image\/\",\"url\":\"http:\/\/icoinmarket.com\/wp-content\/uploads\/2021\/05\/logo.png\",\"contentUrl\":\"http:\/\/icoinmarket.com\/wp-content\/uploads\/2021\/05\/logo.png\",\"width\":537,\"height\":100,\"caption\":\"iCoinMarket\"},\"image\":{\"@id\":\"https:\/\/icoinmarket.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/icoinmarket.com\/#\/schema\/person\/b833004b8442f2a803ee5ae3df2916b9\",\"name\":\"CryptoExpert\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/icoinmarket.com\/#\/schema\/person\/image\/\",\"url\":\"http:\/\/icoinmarket.com\/wp-content\/litespeed\/avatar\/9a9f1c5547267041295a8fb5730397ef.jpg?ver=1715957238\",\"contentUrl\":\"http:\/\/icoinmarket.com\/wp-content\/litespeed\/avatar\/9a9f1c5547267041295a8fb5730397ef.jpg?ver=1715957238\",\"caption\":\"CryptoExpert\"},\"sameAs\":[\"https:\/\/icoinmarket.com\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Google Cloud Joins This DeFi Platform as Node Operator - iCoinMarket","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/","og_locale":"en_US","og_type":"article","og_title":"Google Cloud Joins This DeFi Platform as Node Operator - iCoinMarket","og_description":"Google Cloud has escalated its blockchain involvement by participating as a node operator on the...","og_url":"http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/","og_site_name":"iCoinMarket","article_published_time":"2024-04-11T10:59:44+00:00","og_image":[{"width":1280,"height":720,"url":"http:\/\/icoinmarket.com\/wp-content\/uploads\/2024\/04\/Google-Cloud-Joins-This-DeFi-Platform-as-Node-Operator.jpg","type":"image\/jpeg"}],"author":"CryptoExpert","twitter_card":"summary_large_image","twitter_misc":{"Written by":"CryptoExpert","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/#article","isPartOf":{"@id":"http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/"},"author":{"name":"CryptoExpert","@id":"https:\/\/icoinmarket.com\/#\/schema\/person\/b833004b8442f2a803ee5ae3df2916b9"},"headline":"Google Cloud Joins This DeFi Platform as Node Operator","datePublished":"2024-04-11T10:59:44+00:00","dateModified":"2024-04-11T10:59:44+00:00","mainEntityOfPage":{"@id":"http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/"},"wordCount":466,"commentCount":0,"publisher":{"@id":"https:\/\/icoinmarket.com\/#organization"},"image":{"@id":"http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/#primaryimage"},"thumbnailUrl":"http:\/\/icoinmarket.com\/wp-content\/uploads\/2024\/04\/Google-Cloud-Joins-This-DeFi-Platform-as-Node-Operator.jpg","keywords":["Ethereum"],"articleSection":["Technology"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/#respond"]}]},{"@type":"WebPage","@id":"http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/","url":"http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/","name":"Google Cloud Joins This DeFi Platform as Node Operator - iCoinMarket","isPartOf":{"@id":"https:\/\/icoinmarket.com\/#website"},"primaryImageOfPage":{"@id":"http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/#primaryimage"},"image":{"@id":"http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/#primaryimage"},"thumbnailUrl":"http:\/\/icoinmarket.com\/wp-content\/uploads\/2024\/04\/Google-Cloud-Joins-This-DeFi-Platform-as-Node-Operator.jpg","datePublished":"2024-04-11T10:59:44+00:00","dateModified":"2024-04-11T10:59:44+00:00","breadcrumb":{"@id":"http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/#primaryimage","url":"http:\/\/icoinmarket.com\/wp-content\/uploads\/2024\/04\/Google-Cloud-Joins-This-DeFi-Platform-as-Node-Operator.jpg","contentUrl":"http:\/\/icoinmarket.com\/wp-content\/uploads\/2024\/04\/Google-Cloud-Joins-This-DeFi-Platform-as-Node-Operator.jpg","width":1280,"height":720,"caption":"Google Cloud Deepens Blockchain Footprint With EigenLayer Mainnet Node Operation"},{"@type":"BreadcrumbList","@id":"http:\/\/icoinmarket.com\/google-cloud-joins-this-defi-platform-as-node-operator\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"http:\/\/icoinmarket.com\/"},{"@type":"ListItem","position":2,"name":"Google Cloud Joins This DeFi Platform as Node Operator"}]},{"@type":"WebSite","@id":"https:\/\/icoinmarket.com\/#website","url":"https:\/\/icoinmarket.com\/","name":"iCoinMarket","description":"Latest Bitcoin & Cryptocurrency News","publisher":{"@id":"https:\/\/icoinmarket.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/icoinmarket.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/icoinmarket.com\/#organization","name":"iCoinMarket","url":"https:\/\/icoinmarket.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/icoinmarket.com\/#\/schema\/logo\/image\/","url":"http:\/\/icoinmarket.com\/wp-content\/uploads\/2021\/05\/logo.png","contentUrl":"http:\/\/icoinmarket.com\/wp-content\/uploads\/2021\/05\/logo.png","width":537,"height":100,"caption":"iCoinMarket"},"image":{"@id":"https:\/\/icoinmarket.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/icoinmarket.com\/#\/schema\/person\/b833004b8442f2a803ee5ae3df2916b9","name":"CryptoExpert","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/icoinmarket.com\/#\/schema\/person\/image\/","url":"http:\/\/icoinmarket.com\/wp-content\/litespeed\/avatar\/9a9f1c5547267041295a8fb5730397ef.jpg?ver=1715957238","contentUrl":"http:\/\/icoinmarket.com\/wp-content\/litespeed\/avatar\/9a9f1c5547267041295a8fb5730397ef.jpg?ver=1715957238","caption":"CryptoExpert"},"sameAs":["https:\/\/icoinmarket.com"]}]}},"featured_image_urls":{"full":["http:\/\/icoinmarket.com\/wp-content\/uploads\/2024\/04\/Google-Cloud-Joins-This-DeFi-Platform-as-Node-Operator.jpg",1280,720,false],"thumbnail":["http:\/\/icoinmarket.com\/wp-content\/uploads\/2024\/04\/Google-Cloud-Joins-This-DeFi-Platform-as-Node-Operator-150x150.jpg",150,150,true],"medium":["http:\/\/icoinmarket.com\/wp-content\/uploads\/2024\/04\/Google-Cloud-Joins-This-DeFi-Platform-as-Node-Operator-300x169.jpg",300,169,true],"medium_large":["http:\/\/icoinmarket.com\/wp-content\/uploads\/2024\/04\/Google-Cloud-Joins-This-DeFi-Platform-as-Node-Operator-768x432.jpg",640,360,true],"large":["http:\/\/icoinmarket.com\/wp-content\/uploads\/2024\/04\/Google-Cloud-Joins-This-DeFi-Platform-as-Node-Operator-1024x576.jpg",640,360,true],"covernews-slider-full":["http:\/\/icoinmarket.com\/wp-content\/uploads\/2024\/04\/Google-Cloud-Joins-This-DeFi-Platform-as-Node-Operator-1115x715.jpg",1115,715,true],"covernews-slider-center":["http:\/\/icoinmarket.com\/wp-content\/uploads\/2024\/04\/Google-Cloud-Joins-This-DeFi-Platform-as-Node-Operator-800x500.jpg",800,500,true],"covernews-featured":["http:\/\/icoinmarket.com\/wp-content\/uploads\/2024\/04\/Google-Cloud-Joins-This-DeFi-Platform-as-Node-Operator-1024x576.jpg",1024,576,true],"covernews-medium":["http:\/\/icoinmarket.com\/wp-content\/uploads\/2024\/04\/Google-Cloud-Joins-This-DeFi-Platform-as-Node-Operator-540x340.jpg",540,340,true],"covernews-medium-square":["http:\/\/icoinmarket.com\/wp-content\/uploads\/2024\/04\/Google-Cloud-Joins-This-DeFi-Platform-as-Node-Operator-400x250.jpg",400,250,true]},"author_info":{"display_name":"CryptoExpert","author_link":"http:\/\/icoinmarket.com\/author\/admin\/"},"category_info":"<a href=\"http:\/\/icoinmarket.com\/category\/technology\/\" rel=\"category tag\">Technology<\/a>","tag_info":"Technology","comment_count":"0","_links":{"self":[{"href":"http:\/\/icoinmarket.com\/wp-json\/wp\/v2\/posts\/31069"}],"collection":[{"href":"http:\/\/icoinmarket.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/icoinmarket.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/icoinmarket.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/icoinmarket.com\/wp-json\/wp\/v2\/comments?post=31069"}],"version-history":[{"count":0,"href":"http:\/\/icoinmarket.com\/wp-json\/wp\/v2\/posts\/31069\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/icoinmarket.com\/wp-json\/wp\/v2\/media\/31070"}],"wp:attachment":[{"href":"http:\/\/icoinmarket.com\/wp-json\/wp\/v2\/media?parent=31069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/icoinmarket.com\/wp-json\/wp\/v2\/categories?post=31069"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/icoinmarket.com\/wp-json\/wp\/v2\/tags?post=31069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}