Google Cloud and Coinbase Cloud become EigenLayer node operators

With the mainnet launch of the re-staking project EigenLayer, the two major cloud service providers Google Cloud and Coinbase Cloud have tweeted their congratulations, saying that as node operators, they have cooperated with them Build partnerships.

Google Cloud and Coinbase Cloud become EigenLayer node operators

Coinbase cloud department Coinbase Cloud tweeted yesterday (10) congratulations and revealed its cooperation with the project: Coinbase Cloud is honored to be One of the first node operators of the protocol will provide users with trustworthy security services for their re-mortgaged ETH or LST.

At the same time, Google Cloud product manager Sam Padilla also revealed that the company has participated in the construction of Eigen's test network as a node operator with 65 other teams since November last year, and now it has also Will not be absent.

It is reported that Coinbase Cloud has about 290 ETHTVL; while Google Cloud has about 218.

In addition, many large companies have also joined the ranks of EigenLayer node operators, including Deutsche Telekom MMS, P2P, Nethermind, Figment, Swell and Kiln.

EigenLayer mainnet is online, TVL reaches 13.9 billion US dollars

EigenLayer serves as a re-pledge agreement (Restake), allowing Ethereum pledge users to entrust their tokens such as ETH or LST to Node operators, and operators will receive corresponding rewards by protecting the security of EigenDA, which will enhance the security and scalability of Ethereum.

Yesterday, its mainnet was officially launched, and the detailed payment reward function and penalty mechanism will still be introduced after the node operators and the AVS market stabilize.

DeFiLlama data shows that EigenLayer’s current total locked value (TVL) has exceeded US$13.9 billion.

Google Cloud’s Road to Web3

Since the establishment of the blockchain department in January 2022, Google and its cloud department Google Cloud have continued to work with major regions Blockchain cooperation provides it with multiple services such as cloud computing and database analysis. Its partners include Ethereum, Polygon, Solana and Aptos.

In October of the same year, Google Cloud also launched a blockchain node engine hosting service, aiming to allow developers to run blockchain network nodes more easily and securely.

On the other hand, as a giant cloud computing service provider, Google Cloud’s participation in the blockchain field is also worried that it may pose a threat to the “decentralized” architecture. The oracle service provided by the company to the cross-chain protocol LayerZero in September last year is one of the cases.

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