Theta, a Decentralized video delivery Network announces Google Cloud as a Network Validator and launch partner for the Theta Mainnet 2.0.
Google Cloud platform is a provider of computing resources for deploying and operating applications on the web.
Google Cloud advocate explains a bit of how Google Cloud will function as a Validator.
“I can’t give specifics about the technical direction Theta would take, but I can say that we’ll be a good partner”
“Google Cloud is an Enterprise validator of the blockchain, that is participating in the security and governance of the network” Allen Day, Google Cloud advocate.
Google is said to be hosting the Node at it’s office in Ireland, making it the first European Validator that Theta has.
How Validators Get Rewarded
Theta rewards network participants for showing video content to their users through their bandwidth and computing resources. Responding to this, Liu Mitch, Theta Labs CEO said
“The end result should be a massive decentralized mesh network of relayers “
Google Cloud is the fifth external enterprise network Validator Theta would be in partnership with, Theta is also in partnership with Binance, Blockchain ventures, and Gumi Crypto etc. Theta eventually aims at having 31 external enterprise Validators. In addition to this Theta still has Guardian nodes available to the general public, this guardian node acts as an extra layer of consensus with the mainnet, it does this by finalizing blocks and checking for bad-actors Validator nodes.
Other Partnership in View
As noted, Theta aims for more partnership even up to 31 external enterprises. It also aims at working with different departments in Google, this includes the Google Artificial intelligence, machine-learning and big data initiatives. Theta being a video network, means they have eyes on a possible partnership with YouTube.
“YouTube is particularly interesting because they utilize mostly internally-developed technology for video delivery and streaming, which makes experimentation a lot easier without having to rely on external platforms like Akamai or AWS,” Liu said.
Well, since Google owns YouTube, this might help gain that partnership quicker.