Friday, September 20, 2024

Google Blockchain RPC Service to Drive Web3 Adoption And Streamline Development

Must read

  • Google introduced a blockchain Remote Procedure Call (RPC) service in addition to its node engine rolled out in 2023.
  • The service integrates with Ethereum mainnet and testnets but will expand to other networks next year.
  • Google’s RPC service has the potential to accelerate Web3 adoption and development.

Google Cloud introduced its proprietary blockchain RPC service, which is compatible with Ethereum mainnet and testnets. The service aims to simplify developers’ interactions with blockchain data.

Let’s unpack the benefits of Google’s new RPC tool and what it means for the industry.

Google’s Blockchain RPC – Simplifying Developer Interactions

An RPC service acts as the middleman between your computer and a remote system, in this case, a blockchain.

When you send a request, like checking your balance or executing a transaction, the RPC service forwards it to the network, which verifies the request. Then, the RPC service provides you with the result.

RPC protocols are crucial for dApp communication with blockchains. Without them, developers would have to manage their own nodes, which is complex, resource-intensive, and prone to errors.

Google Cloud’s RPC service currently works with Ethereum but will expand to other networks in the future.

Compatibility with Ethereum’s JSON-RPC standard allows developers to integrate the new RPC into dApps with a single line of code.

The RPC service is now available with a free tier that supports 100 requests per second. This suits data-intensive, real-time applications like trading platforms and crypto games.

Google Cloud’s Blockchain RPC offerings deliver fast response times — exactly what you’d expect from them. We integrated its service into our system right away and haven’t looked back.Kyle Quintal, 0xArc Web3 Analytics

Tech Giants Enter Web3

Google’s RPC service isn’t the first of its kind – services like Infura, Alchemy, and Geth have been available for years.

However, it’s the first blockchain RPC launched by a top-5 tech giant.

As one of the world’s largest IT companies, Google brings its expertise in large-scale infrastructure management to the Web3 ecosystem. This step could significantly advance the industry’s development and adoption of blockchain technology.

Besides, Google is a major player in the cloud computing market, which means Google’s RPC service could be seamlessly integrated with other Google Cloud products.

While the Google Cloud RPC service launch is an important milestone, the company has been dipping its toes into Web3 for a while.

Last year, Google introduced a node engine that allows developers to run blockchain nodes on Google Cloud infrastructure. Google also provides access to curated datasets and APIs for different blockchains.

Google’s Seal of Approval?

Google’s entry into the blockchain RPC market serves as a powerful endorsement of the technology.

The involvement of a major tech giant like Google can help legitimize Web3 and increase its mainstream adoption. As a result, it could attract more developers, investors, and businesses to the space.

References

Disclaimer: The opinions expressed in this article do not constitute financial advice. We encourage readers to conduct their own research and determine their own risk tolerance before making any financial decisions. Cryptocurrency is a highly volatile, high-risk asset class.

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