Polygon, the Ethereum layer-2 solution formerly known as Matic Network, announced today its blockchain datasets will be integrated on Google Cloud.
Polygon Coming to Google Cloud
The initiative aims to provide developers, data analysts, and crypto-enthusiasts with a better understanding of the Polygon blockchain.
Google’s BigQuery would ensure that query and in-depth analysis of Polygon’s on-chain data are conducted in a simple and organized manner using the Google Cloud Platform.
The latter is a suite of cloud computing services that runs on the same infrastructure that Google uses internally for its end-user products like Gmail, Google Search, etc. Google BigQuery, on the other hand, is a serverless, highly scalable data warehouse hosted by Google Cloud.
With Polygon’s dataset now listed in the Google Cloud Marketplace, it unlocks new possibilities which include monitoring of Polygon’s gas fees over time, monitoring smart contracts calls and activities, multi-chain analysis for SDKs like the Polygon SDK, integration with traditional financial record processing systems, determining the most active tokens, contracts, and dapps on Polygon, and audit trailing.
DLT Analytics Challenge
As part of the above, Google Cloud and Polygon, alongside 1729 by blockchain leader Balaji S, are hosting a DLT Analytics Challenge to exhibit Polygon’s utility with up to $20,000 in prizes for top submissions.
“This will be a major step towards analyzing and gaining insights from the ~6M txns/day that take place on Polygon and will go a long way towards growing and building the Polygon and Ethereum ecosystems,” the release reads.
Earlier this week, Polygon released the first version of its SDK network to allow developers to deploy ETH-compatible chains using the Ethereum Virtual Machine. The launch marks the start of Ethereum’s transition into a multi-chain ecosystem.