{"id":66784,"date":"2023-12-12T16:44:58","date_gmt":"2023-12-12T20:44:58","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=66784"},"modified":"2023-12-12T16:46:10","modified_gmt":"2023-12-12T20:46:10","slug":"google-cloud-to-validate-transactions-on-xpla-crypto-gaming-network","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/google-cloud-to-validate-transactions-on-xpla-crypto-gaming-network\/","title":{"rendered":"Google Cloud to Validate Transactions on XPLA Crypto Gaming Network"},"content":{"rendered":"\n

As its first willing validator, Google Cloud has joined XPLA, a blockchain network<\/a> created by the massively popular South Korean game company Com2uS.<\/p>\n\n\n\n

\"Google
Google Cloud to Validate Transactions on XPLA Crypto Gaming Network<\/figcaption><\/figure>\n\n\n\n

It is anticipated that this most recent partnership will make use of Google Cloud's strong infrastructure to boost web3 game development<\/a> and innovation.<\/p>\n\n\n\n

The formal implementation of this volunteer validator system is currently up for a vote within the XPLA network. As of the time of reporting, 100% of votes were cast in favor of the proposal. General Director of Google Cloud Game Industry Solutions, Jack Buser, said:<\/p>\n\n\n\n

\n

“We hope to accelerate the growth and innovation of web3 games based on the secure and high-performance Google Cloud infrastructure.”<\/p>\n<\/blockquote>\n\n\n\n

XPLA is compatible with the Ethereum Virtual Machine and runs on Tendermint, the core of the Cosmos network. The Walking Dead: All-Stars, Summoner's War: Chronicles, and Ace Fishing: Crew are just a few of the well-known games in its library that are a part of the newly popular “play-to-own” blockchain gaming movement.<\/p>\n\n\n\n

Google Cloud has already worked as a validator for a number of networks, including Solana, Tezos, Aptos, the Ethereum scaling network Polygon, and the DeFi network Celo<\/a>. <\/p>\n\n\n\n

This is not the company's first foray into the blockchain space. Furthermore, the company has teamed up with Coinbase to enable payments using cryptocurrencies.<\/p>\n\n\n\n

Although the XPLA network's choice to use volunteer validators is applauded as a step in the right direction toward a more transparent web3 ecosystem, there are some issues that the blockchain community is concerned about.<\/p>\n\n\n\n

In the past, direct token awards have been used to reward validators for their contributions to transaction verification and network stability. XPLA's strategy is different, which directs prospective revenues to a communal pool\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> rather than to specific validators. Despite being novel, this method raises concerns regarding validators' dependability and long-term motivation in the lack of explicit token incentives.<\/p>\n\n\n\n

The effectiveness of the community pool in preserving network integrity and participant involvement, as well as the voluntary participation of organizations such as Google Cloud, are critical components of this model's success.<\/p>\n\n\n\n

The XPLA coin saw a decline after the news; it had already dropped more than 7% in the previous day and is trading at 0.273, according to CoinMarketCap statistics.<\/p>\n\n\n\n

\"XPLA
XPLA 24-hour price chart | Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

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

As its first willing validator, Google Cloud has joined XPLA, a blockchain network created by the massively popular South Korean game company Com2uS. It is anticipated that this most recent partnership will make use of Google Cloud’s strong infrastructure to boost web3 game development and innovation. The formal implementation of this volunteer validator system is […]<\/p>\n","protected":false},"author":43,"featured_media":66787,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[5541,6795,17557],"class_list":["post-66784","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-google-cloud","tag-web3-2","tag-xpla"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/12\/croc_1702412407296.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/66784","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=66784"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/66784\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/66787"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=66784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=66784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=66784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}