Flare, the team behind the $618 million valued crypto token FLR, has welcomed Google Cloud as a crucial infrastructure provider.
According to an official statement, Google Cloud, the cloud computing division of technology behemoth Alphabet Inc., will assume a dual role on the Flare network. Specifically, Google Cloud will be a contributor to the Flare Time Series Oracle (FTSO) and a validator on the Flare network.
Google Cloud Joins 100 Organizations on Flare
Following its addition, Google Cloud effectively joins the league of 100 organizations serving dual responsibilities on Flare. As part of this group, Google Cloud will contribute to the FTSO, providing publicly accessible pricing data for “Flare’s highly decentralized price oracle.”
In its role as a network validator, Google Cloud will propose and validate new blocks of transactions on the Flare network. This entails supporting the chain’s proof-of-stake consensus mechanism.
Furthermore, Flare underscored that the role of infrastructure providers is pivotal to its mission of furnishing dApps with top-tier access to decentralized data. This encompasses a wide range of information, including blockchain state and price time series data.
Significantly, Flare stands out by combining cost-effective EVM smart contracts with decentralized data. Its core objective is to afford users trustless access to an extensive array of data.