More importantly, Google Cloud said the partnership is important in enhancing Polygon\u2019s zero knowledge<\/a> Ethereum Virtual Machine (zkEVM<\/a>), whose beta launched<\/a> on the Ethereum mainnet in March. The technology, which enables data validation without revealing the actual data, aims to improve the scalability of dApps built on Ethereum.\u00a0<\/p>\n\n\n\n See Related:<\/em><\/strong> Binance Adds Zk-SNARK To Its Proof-of-Reserves To Enhance Transparency With More Verifiable Assets<\/a><\/p>\n\n\n\n Additionally, Polygon recently integrated<\/a> a PoS bridge to zkEVM for users to complete transactions on Ethereum with instant finality using smart contracts. <\/p>\n","post_title":"Polygon Teams Up With Google Cloud To Advance Web 3","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-teams-up-with-google-cloud-to-advance-web-3","to_ping":"","pinged":"","post_modified":"2023-04-29 14:04:28","post_modified_gmt":"2023-04-29 04:04:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11302","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
More importantly, Google Cloud said the partnership is important in enhancing Polygon\u2019s zero knowledge<\/a> Ethereum Virtual Machine (zkEVM<\/a>), whose beta launched<\/a> on the Ethereum mainnet in March. The technology, which enables data validation without revealing the actual data, aims to improve the scalability of dApps built on Ethereum.\u00a0<\/p>\n\n\n\n See Related:<\/em><\/strong> Binance Adds Zk-SNARK To Its Proof-of-Reserves To Enhance Transparency With More Verifiable Assets<\/a><\/p>\n\n\n\n Additionally, Polygon recently integrated<\/a> a PoS bridge to zkEVM for users to complete transactions on Ethereum with instant finality using smart contracts. <\/p>\n","post_title":"Polygon Teams Up With Google Cloud To Advance Web 3","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-teams-up-with-google-cloud-to-advance-web-3","to_ping":"","pinged":"","post_modified":"2023-04-29 14:04:28","post_modified_gmt":"2023-04-29 04:04:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11302","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\u2018\u2018Google Cloud supporting all of the Polygon protocols is a step in the right direction to help broaden more people into Web 3,\u2019\u2019<\/em> commented Ryan Wyatt, President Polygon Labs, adding that the collaboration with Google Cloud ''would increase transaction throughput, enabling use cases in gaming, supply chain management, and DeFi.''\u00a0<\/em><\/p>\n\n\n\n More importantly, Google Cloud said the partnership is important in enhancing Polygon\u2019s zero knowledge<\/a> Ethereum Virtual Machine (zkEVM<\/a>), whose beta launched<\/a> on the Ethereum mainnet in March. The technology, which enables data validation without revealing the actual data, aims to improve the scalability of dApps built on Ethereum.\u00a0<\/p>\n\n\n\n See Related:<\/em><\/strong> Binance Adds Zk-SNARK To Its Proof-of-Reserves To Enhance Transparency With More Verifiable Assets<\/a><\/p>\n\n\n\n Additionally, Polygon recently integrated<\/a> a PoS bridge to zkEVM for users to complete transactions on Ethereum with instant finality using smart contracts. <\/p>\n","post_title":"Polygon Teams Up With Google Cloud To Advance Web 3","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-teams-up-with-google-cloud-to-advance-web-3","to_ping":"","pinged":"","post_modified":"2023-04-29 14:04:28","post_modified_gmt":"2023-04-29 04:04:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11302","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Having Google Cloud as a strategic cloud provider for Polygon protocols would reportedly save developers time and costs of operating dedicated blockchain nodes. Last year, Google announced<\/a> a blockchain node engine, a fully managed hosting service for Web 3 developers.\u00a0<\/p>\n\n\n\n \u2018\u2018Google Cloud supporting all of the Polygon protocols is a step in the right direction to help broaden more people into Web 3,\u2019\u2019<\/em> commented Ryan Wyatt, President Polygon Labs, adding that the collaboration with Google Cloud ''would increase transaction throughput, enabling use cases in gaming, supply chain management, and DeFi.''\u00a0<\/em><\/p>\n\n\n\n More importantly, Google Cloud said the partnership is important in enhancing Polygon\u2019s zero knowledge<\/a> Ethereum Virtual Machine (zkEVM<\/a>), whose beta launched<\/a> on the Ethereum mainnet in March. The technology, which enables data validation without revealing the actual data, aims to improve the scalability of dApps built on Ethereum.\u00a0<\/p>\n\n\n\n See Related:<\/em><\/strong> Binance Adds Zk-SNARK To Its Proof-of-Reserves To Enhance Transparency With More Verifiable Assets<\/a><\/p>\n\n\n\n Additionally, Polygon recently integrated<\/a> a PoS bridge to zkEVM for users to complete transactions on Ethereum with instant finality using smart contracts. <\/p>\n","post_title":"Polygon Teams Up With Google Cloud To Advance Web 3","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-teams-up-with-google-cloud-to-advance-web-3","to_ping":"","pinged":"","post_modified":"2023-04-29 14:04:28","post_modified_gmt":"2023-04-29 04:04:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11302","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The collaboration<\/a>, a multi-year alliance announced on April 27, specifically aims to accelerate the adoption of Polygon platforms - Polygon PoS, Polygon Supernets, and zkEVM - with Google Cloud infrastructure and developer tools.\u00a0<\/p>\n\n\n\n Having Google Cloud as a strategic cloud provider for Polygon protocols would reportedly save developers time and costs of operating dedicated blockchain nodes. Last year, Google announced<\/a> a blockchain node engine, a fully managed hosting service for Web 3 developers.\u00a0<\/p>\n\n\n\n \u2018\u2018Google Cloud supporting all of the Polygon protocols is a step in the right direction to help broaden more people into Web 3,\u2019\u2019<\/em> commented Ryan Wyatt, President Polygon Labs, adding that the collaboration with Google Cloud ''would increase transaction throughput, enabling use cases in gaming, supply chain management, and DeFi.''\u00a0<\/em><\/p>\n\n\n\n More importantly, Google Cloud said the partnership is important in enhancing Polygon\u2019s zero knowledge<\/a> Ethereum Virtual Machine (zkEVM<\/a>), whose beta launched<\/a> on the Ethereum mainnet in March. The technology, which enables data validation without revealing the actual data, aims to improve the scalability of dApps built on Ethereum.\u00a0<\/p>\n\n\n\n See Related:<\/em><\/strong> Binance Adds Zk-SNARK To Its Proof-of-Reserves To Enhance Transparency With More Verifiable Assets<\/a><\/p>\n\n\n\n Additionally, Polygon recently integrated<\/a> a PoS bridge to zkEVM for users to complete transactions on Ethereum with instant finality using smart contracts. <\/p>\n","post_title":"Polygon Teams Up With Google Cloud To Advance Web 3","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-teams-up-with-google-cloud-to-advance-web-3","to_ping":"","pinged":"","post_modified":"2023-04-29 14:04:28","post_modified_gmt":"2023-04-29 04:04:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11302","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Google Cloud and Polygon have joined forces to make it easy for Web 3 developers to create, launch and expand their Web 3 products and decentralized applications<\/a> (dApps) on Polygon protocols.\u00a0<\/p>\n\n\n\n The collaboration<\/a>, a multi-year alliance announced on April 27, specifically aims to accelerate the adoption of Polygon platforms - Polygon PoS, Polygon Supernets, and zkEVM - with Google Cloud infrastructure and developer tools.\u00a0<\/p>\n\n\n\n Having Google Cloud as a strategic cloud provider for Polygon protocols would reportedly save developers time and costs of operating dedicated blockchain nodes. Last year, Google announced<\/a> a blockchain node engine, a fully managed hosting service for Web 3 developers.\u00a0<\/p>\n\n\n\n \u2018\u2018Google Cloud supporting all of the Polygon protocols is a step in the right direction to help broaden more people into Web 3,\u2019\u2019<\/em> commented Ryan Wyatt, President Polygon Labs, adding that the collaboration with Google Cloud ''would increase transaction throughput, enabling use cases in gaming, supply chain management, and DeFi.''\u00a0<\/em><\/p>\n\n\n\n More importantly, Google Cloud said the partnership is important in enhancing Polygon\u2019s zero knowledge<\/a> Ethereum Virtual Machine (zkEVM<\/a>), whose beta launched<\/a> on the Ethereum mainnet in March. The technology, which enables data validation without revealing the actual data, aims to improve the scalability of dApps built on Ethereum.\u00a0<\/p>\n\n\n\n See Related:<\/em><\/strong> Binance Adds Zk-SNARK To Its Proof-of-Reserves To Enhance Transparency With More Verifiable Assets<\/a><\/p>\n\n\n\n Additionally, Polygon recently integrated<\/a> a PoS bridge to zkEVM for users to complete transactions on Ethereum with instant finality using smart contracts. <\/p>\n","post_title":"Polygon Teams Up With Google Cloud To Advance Web 3","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-teams-up-with-google-cloud-to-advance-web-3","to_ping":"","pinged":"","post_modified":"2023-04-29 14:04:28","post_modified_gmt":"2023-04-29 04:04:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11302","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Google Cloud and Polygon have joined forces to make it easy for Web 3 developers to create, launch and expand their Web 3 products and decentralized applications<\/a> (dApps) on Polygon protocols.\u00a0<\/p>\n\n\n\n The collaboration<\/a>, a multi-year alliance announced on April 27, specifically aims to accelerate the adoption of Polygon platforms - Polygon PoS, Polygon Supernets, and zkEVM - with Google Cloud infrastructure and developer tools.\u00a0<\/p>\n\n\n\n Having Google Cloud as a strategic cloud provider for Polygon protocols would reportedly save developers time and costs of operating dedicated blockchain nodes. Last year, Google announced<\/a> a blockchain node engine, a fully managed hosting service for Web 3 developers.\u00a0<\/p>\n\n\n\n \u2018\u2018Google Cloud supporting all of the Polygon protocols is a step in the right direction to help broaden more people into Web 3,\u2019\u2019<\/em> commented Ryan Wyatt, President Polygon Labs, adding that the collaboration with Google Cloud ''would increase transaction throughput, enabling use cases in gaming, supply chain management, and DeFi.''\u00a0<\/em><\/p>\n\n\n\n More importantly, Google Cloud said the partnership is important in enhancing Polygon\u2019s zero knowledge<\/a> Ethereum Virtual Machine (zkEVM<\/a>), whose beta launched<\/a> on the Ethereum mainnet in March. The technology, which enables data validation without revealing the actual data, aims to improve the scalability of dApps built on Ethereum.\u00a0<\/p>\n\n\n\n See Related:<\/em><\/strong> Binance Adds Zk-SNARK To Its Proof-of-Reserves To Enhance Transparency With More Verifiable Assets<\/a><\/p>\n\n\n\n Additionally, Polygon recently integrated<\/a> a PoS bridge to zkEVM for users to complete transactions on Ethereum with instant finality using smart contracts. <\/p>\n","post_title":"Polygon Teams Up With Google Cloud To Advance Web 3","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-teams-up-with-google-cloud-to-advance-web-3","to_ping":"","pinged":"","post_modified":"2023-04-29 14:04:28","post_modified_gmt":"2023-04-29 04:04:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11302","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Google Cloud and Polygon have joined forces to make it easy for Web 3 developers to create, launch and expand their Web 3 products and decentralized applications<\/a> (dApps) on Polygon protocols.\u00a0<\/p>\n\n\n\n The collaboration<\/a>, a multi-year alliance announced on April 27, specifically aims to accelerate the adoption of Polygon platforms - Polygon PoS, Polygon Supernets, and zkEVM - with Google Cloud infrastructure and developer tools.\u00a0<\/p>\n\n\n\n Having Google Cloud as a strategic cloud provider for Polygon protocols would reportedly save developers time and costs of operating dedicated blockchain nodes. Last year, Google announced<\/a> a blockchain node engine, a fully managed hosting service for Web 3 developers.\u00a0<\/p>\n\n\n\n \u2018\u2018Google Cloud supporting all of the Polygon protocols is a step in the right direction to help broaden more people into Web 3,\u2019\u2019<\/em> commented Ryan Wyatt, President Polygon Labs, adding that the collaboration with Google Cloud ''would increase transaction throughput, enabling use cases in gaming, supply chain management, and DeFi.''\u00a0<\/em><\/p>\n\n\n\n More importantly, Google Cloud said the partnership is important in enhancing Polygon\u2019s zero knowledge<\/a> Ethereum Virtual Machine (zkEVM<\/a>), whose beta launched<\/a> on the Ethereum mainnet in March. The technology, which enables data validation without revealing the actual data, aims to improve the scalability of dApps built on Ethereum.\u00a0<\/p>\n\n\n\n See Related:<\/em><\/strong> Binance Adds Zk-SNARK To Its Proof-of-Reserves To Enhance Transparency With More Verifiable Assets<\/a><\/p>\n\n\n\n Additionally, Polygon recently integrated<\/a> a PoS bridge to zkEVM for users to complete transactions on Ethereum with instant finality using smart contracts. <\/p>\n","post_title":"Polygon Teams Up With Google Cloud To Advance Web 3","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-teams-up-with-google-cloud-to-advance-web-3","to_ping":"","pinged":"","post_modified":"2023-04-29 14:04:28","post_modified_gmt":"2023-04-29 04:04:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11302","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Google Cloud and Polygon have joined forces to make it easy for Web 3 developers to create, launch and expand their Web 3 products and decentralized applications<\/a> (dApps) on Polygon protocols.\u00a0<\/p>\n\n\n\n The collaboration<\/a>, a multi-year alliance announced on April 27, specifically aims to accelerate the adoption of Polygon platforms - Polygon PoS, Polygon Supernets, and zkEVM - with Google Cloud infrastructure and developer tools.\u00a0<\/p>\n\n\n\n Having Google Cloud as a strategic cloud provider for Polygon protocols would reportedly save developers time and costs of operating dedicated blockchain nodes. Last year, Google announced<\/a> a blockchain node engine, a fully managed hosting service for Web 3 developers.\u00a0<\/p>\n\n\n\n \u2018\u2018Google Cloud supporting all of the Polygon protocols is a step in the right direction to help broaden more people into Web 3,\u2019\u2019<\/em> commented Ryan Wyatt, President Polygon Labs, adding that the collaboration with Google Cloud ''would increase transaction throughput, enabling use cases in gaming, supply chain management, and DeFi.''\u00a0<\/em><\/p>\n\n\n\n More importantly, Google Cloud said the partnership is important in enhancing Polygon\u2019s zero knowledge<\/a> Ethereum Virtual Machine (zkEVM<\/a>), whose beta launched<\/a> on the Ethereum mainnet in March. The technology, which enables data validation without revealing the actual data, aims to improve the scalability of dApps built on Ethereum.\u00a0<\/p>\n\n\n\n See Related:<\/em><\/strong> Binance Adds Zk-SNARK To Its Proof-of-Reserves To Enhance Transparency With More Verifiable Assets<\/a><\/p>\n\n\n\n Additionally, Polygon recently integrated<\/a> a PoS bridge to zkEVM for users to complete transactions on Ethereum with instant finality using smart contracts. <\/p>\n","post_title":"Polygon Teams Up With Google Cloud To Advance Web 3","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-teams-up-with-google-cloud-to-advance-web-3","to_ping":"","pinged":"","post_modified":"2023-04-29 14:04:28","post_modified_gmt":"2023-04-29 04:04:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11302","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
It remains to be seen how competitive JPM\u2019s bid to take over the lender would be, considering the bank has already amassed over 10% of the nationwide deposits, making the firm ineligible per the regulatory requirements. In that case, according to experts, the regulators would have to make an exception.<\/p>\n","post_title":"JP Morgan, PNC Race To Acquire Troubled First Republic Bank","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"jp-morgan-pnc-race-to-acquire-troubled-first-republic-bank","to_ping":"","pinged":"","post_modified":"2023-04-30 16:53:28","post_modified_gmt":"2023-04-30 06:53:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11368","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11302,"post_author":"13","post_date":"2023-04-29 13:55:40","post_date_gmt":"2023-04-29 03:55:40","post_content":"\n Google Cloud and Polygon have joined forces to make it easy for Web 3 developers to create, launch and expand their Web 3 products and decentralized applications<\/a> (dApps) on Polygon protocols.\u00a0<\/p>\n\n\n\n The collaboration<\/a>, a multi-year alliance announced on April 27, specifically aims to accelerate the adoption of Polygon platforms - Polygon PoS, Polygon Supernets, and zkEVM - with Google Cloud infrastructure and developer tools.\u00a0<\/p>\n\n\n\n Having Google Cloud as a strategic cloud provider for Polygon protocols would reportedly save developers time and costs of operating dedicated blockchain nodes. Last year, Google announced<\/a> a blockchain node engine, a fully managed hosting service for Web 3 developers.\u00a0<\/p>\n\n\n\n \u2018\u2018Google Cloud supporting all of the Polygon protocols is a step in the right direction to help broaden more people into Web 3,\u2019\u2019<\/em> commented Ryan Wyatt, President Polygon Labs, adding that the collaboration with Google Cloud ''would increase transaction throughput, enabling use cases in gaming, supply chain management, and DeFi.''\u00a0<\/em><\/p>\n\n\n\n More importantly, Google Cloud said the partnership is important in enhancing Polygon\u2019s zero knowledge<\/a> Ethereum Virtual Machine (zkEVM<\/a>), whose beta launched<\/a> on the Ethereum mainnet in March. The technology, which enables data validation without revealing the actual data, aims to improve the scalability of dApps built on Ethereum.\u00a0<\/p>\n\n\n\n See Related:<\/em><\/strong> Binance Adds Zk-SNARK To Its Proof-of-Reserves To Enhance Transparency With More Verifiable Assets<\/a><\/p>\n\n\n\n Additionally, Polygon recently integrated<\/a> a PoS bridge to zkEVM for users to complete transactions on Ethereum with instant finality using smart contracts. <\/p>\n","post_title":"Polygon Teams Up With Google Cloud To Advance Web 3","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-teams-up-with-google-cloud-to-advance-web-3","to_ping":"","pinged":"","post_modified":"2023-04-29 14:04:28","post_modified_gmt":"2023-04-29 04:04:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11302","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The people familiar with the matter revealed to Bloomberg<\/a> that a group of 11 banks owning up to $30 billion in deposits with First Republic Bank were unable to make a joint investment that could save the bank.<\/p>\n\n\n\n It remains to be seen how competitive JPM\u2019s bid to take over the lender would be, considering the bank has already amassed over 10% of the nationwide deposits, making the firm ineligible per the regulatory requirements. In that case, according to experts, the regulators would have to make an exception.<\/p>\n","post_title":"JP Morgan, PNC Race To Acquire Troubled First Republic Bank","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"jp-morgan-pnc-race-to-acquire-troubled-first-republic-bank","to_ping":"","pinged":"","post_modified":"2023-04-30 16:53:28","post_modified_gmt":"2023-04-30 06:53:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11368","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11302,"post_author":"13","post_date":"2023-04-29 13:55:40","post_date_gmt":"2023-04-29 03:55:40","post_content":"\n Google Cloud and Polygon have joined forces to make it easy for Web 3 developers to create, launch and expand their Web 3 products and decentralized applications<\/a> (dApps) on Polygon protocols.\u00a0<\/p>\n\n\n\n The collaboration<\/a>, a multi-year alliance announced on April 27, specifically aims to accelerate the adoption of Polygon platforms - Polygon PoS, Polygon Supernets, and zkEVM - with Google Cloud infrastructure and developer tools.\u00a0<\/p>\n\n\n\n Having Google Cloud as a strategic cloud provider for Polygon protocols would reportedly save developers time and costs of operating dedicated blockchain nodes. Last year, Google announced<\/a> a blockchain node engine, a fully managed hosting service for Web 3 developers.\u00a0<\/p>\n\n\n\n \u2018\u2018Google Cloud supporting all of the Polygon protocols is a step in the right direction to help broaden more people into Web 3,\u2019\u2019<\/em> commented Ryan Wyatt, President Polygon Labs, adding that the collaboration with Google Cloud ''would increase transaction throughput, enabling use cases in gaming, supply chain management, and DeFi.''\u00a0<\/em><\/p>\n\n\n\n More importantly, Google Cloud said the partnership is important in enhancing Polygon\u2019s zero knowledge<\/a> Ethereum Virtual Machine (zkEVM<\/a>), whose beta launched<\/a> on the Ethereum mainnet in March. The technology, which enables data validation without revealing the actual data, aims to improve the scalability of dApps built on Ethereum.\u00a0<\/p>\n\n\n\n See Related:<\/em><\/strong> Binance Adds Zk-SNARK To Its Proof-of-Reserves To Enhance Transparency With More Verifiable Assets<\/a><\/p>\n\n\n\n Additionally, Polygon recently integrated<\/a> a PoS bridge to zkEVM for users to complete transactions on Ethereum with instant finality using smart contracts. <\/p>\n","post_title":"Polygon Teams Up With Google Cloud To Advance Web 3","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-teams-up-with-google-cloud-to-advance-web-3","to_ping":"","pinged":"","post_modified":"2023-04-29 14:04:28","post_modified_gmt":"2023-04-29 04:04:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11302","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Per the report, as of Friday, the FDIC had yet to decide to place First Republic Bank under receivership after attempts to have a takeover from a consortium of big banks failed to materialize.<\/p>\n\n\n\n The people familiar with the matter revealed to Bloomberg<\/a> that a group of 11 banks owning up to $30 billion in deposits with First Republic Bank were unable to make a joint investment that could save the bank.<\/p>\n\n\n\n It remains to be seen how competitive JPM\u2019s bid to take over the lender would be, considering the bank has already amassed over 10% of the nationwide deposits, making the firm ineligible per the regulatory requirements. In that case, according to experts, the regulators would have to make an exception.<\/p>\n","post_title":"JP Morgan, PNC Race To Acquire Troubled First Republic Bank","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"jp-morgan-pnc-race-to-acquire-troubled-first-republic-bank","to_ping":"","pinged":"","post_modified":"2023-04-30 16:53:28","post_modified_gmt":"2023-04-30 06:53:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11368","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11302,"post_author":"13","post_date":"2023-04-29 13:55:40","post_date_gmt":"2023-04-29 03:55:40","post_content":"\n Google Cloud and Polygon have joined forces to make it easy for Web 3 developers to create, launch and expand their Web 3 products and decentralized applications<\/a> (dApps) on Polygon protocols.\u00a0<\/p>\n\n\n\n The collaboration<\/a>, a multi-year alliance announced on April 27, specifically aims to accelerate the adoption of Polygon platforms - Polygon PoS, Polygon Supernets, and zkEVM - with Google Cloud infrastructure and developer tools.\u00a0<\/p>\n\n\n\n Having Google Cloud as a strategic cloud provider for Polygon protocols would reportedly save developers time and costs of operating dedicated blockchain nodes. Last year, Google announced<\/a> a blockchain node engine, a fully managed hosting service for Web 3 developers.\u00a0<\/p>\n\n\n\n \u2018\u2018Google Cloud supporting all of the Polygon protocols is a step in the right direction to help broaden more people into Web 3,\u2019\u2019<\/em> commented Ryan Wyatt, President Polygon Labs, adding that the collaboration with Google Cloud ''would increase transaction throughput, enabling use cases in gaming, supply chain management, and DeFi.''\u00a0<\/em><\/p>\n\n\n\n More importantly, Google Cloud said the partnership is important in enhancing Polygon\u2019s zero knowledge<\/a> Ethereum Virtual Machine (zkEVM<\/a>), whose beta launched<\/a> on the Ethereum mainnet in March. The technology, which enables data validation without revealing the actual data, aims to improve the scalability of dApps built on Ethereum.\u00a0<\/p>\n\n\n\n See Related:<\/em><\/strong> Binance Adds Zk-SNARK To Its Proof-of-Reserves To Enhance Transparency With More Verifiable Assets<\/a><\/p>\n\n\n\n Additionally, Polygon recently integrated<\/a> a PoS bridge to zkEVM for users to complete transactions on Ethereum with instant finality using smart contracts. <\/p>\n","post_title":"Polygon Teams Up With Google Cloud To Advance Web 3","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-teams-up-with-google-cloud-to-advance-web-3","to_ping":"","pinged":"","post_modified":"2023-04-29 14:04:28","post_modified_gmt":"2023-04-29 04:04:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11302","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Per the report, as of Friday, the FDIC had yet to decide to place First Republic Bank under receivership after attempts to have a takeover from a consortium of big banks failed to materialize.<\/p>\n\n\n\n The people familiar with the matter revealed to Bloomberg<\/a> that a group of 11 banks owning up to $30 billion in deposits with First Republic Bank were unable to make a joint investment that could save the bank.<\/p>\n\n\n\n It remains to be seen how competitive JPM\u2019s bid to take over the lender would be, considering the bank has already amassed over 10% of the nationwide deposits, making the firm ineligible per the regulatory requirements. In that case, according to experts, the regulators would have to make an exception.<\/p>\n","post_title":"JP Morgan, PNC Race To Acquire Troubled First Republic Bank","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"jp-morgan-pnc-race-to-acquire-troubled-first-republic-bank","to_ping":"","pinged":"","post_modified":"2023-04-30 16:53:28","post_modified_gmt":"2023-04-30 06:53:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11368","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11302,"post_author":"13","post_date":"2023-04-29 13:55:40","post_date_gmt":"2023-04-29 03:55:40","post_content":"\n Google Cloud and Polygon have joined forces to make it easy for Web 3 developers to create, launch and expand their Web 3 products and decentralized applications<\/a> (dApps) on Polygon protocols.\u00a0<\/p>\n\n\n\n The collaboration<\/a>, a multi-year alliance announced on April 27, specifically aims to accelerate the adoption of Polygon platforms - Polygon PoS, Polygon Supernets, and zkEVM - with Google Cloud infrastructure and developer tools.\u00a0<\/p>\n\n\n\n Having Google Cloud as a strategic cloud provider for Polygon protocols would reportedly save developers time and costs of operating dedicated blockchain nodes. Last year, Google announced<\/a> a blockchain node engine, a fully managed hosting service for Web 3 developers.\u00a0<\/p>\n\n\n\n \u2018\u2018Google Cloud supporting all of the Polygon protocols is a step in the right direction to help broaden more people into Web 3,\u2019\u2019<\/em> commented Ryan Wyatt, President Polygon Labs, adding that the collaboration with Google Cloud ''would increase transaction throughput, enabling use cases in gaming, supply chain management, and DeFi.''\u00a0<\/em><\/p>\n\n\n\n More importantly, Google Cloud said the partnership is important in enhancing Polygon\u2019s zero knowledge<\/a> Ethereum Virtual Machine (zkEVM<\/a>), whose beta launched<\/a> on the Ethereum mainnet in March. The technology, which enables data validation without revealing the actual data, aims to improve the scalability of dApps built on Ethereum.\u00a0<\/p>\n\n\n\n See Related:<\/em><\/strong> Binance Adds Zk-SNARK To Its Proof-of-Reserves To Enhance Transparency With More Verifiable Assets<\/a><\/p>\n\n\n\n Additionally, Polygon recently integrated<\/a> a PoS bridge to zkEVM for users to complete transactions on Ethereum with instant finality using smart contracts. <\/p>\n","post_title":"Polygon Teams Up With Google Cloud To Advance Web 3","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-teams-up-with-google-cloud-to-advance-web-3","to_ping":"","pinged":"","post_modified":"2023-04-29 14:04:28","post_modified_gmt":"2023-04-29 04:04:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11302","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Besides, First Republic\u2019s balance sheet comprises low-interest loans, including an extensive portfolio of jumbo mortgages extended to high-net-worth individuals, which have reportedly lost value since the Federal Reserve\u2019s borrowing rates hikes. <\/p>\n\n\n\n Per the report, as of Friday, the FDIC had yet to decide to place First Republic Bank under receivership after attempts to have a takeover from a consortium of big banks failed to materialize.<\/p>\n\n\n\n The people familiar with the matter revealed to Bloomberg<\/a> that a group of 11 banks owning up to $30 billion in deposits with First Republic Bank were unable to make a joint investment that could save the bank.<\/p>\n\n\n\n It remains to be seen how competitive JPM\u2019s bid to take over the lender would be, considering the bank has already amassed over 10% of the nationwide deposits, making the firm ineligible per the regulatory requirements. In that case, according to experts, the regulators would have to make an exception.<\/p>\n","post_title":"JP Morgan, PNC Race To Acquire Troubled First Republic Bank","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"jp-morgan-pnc-race-to-acquire-troubled-first-republic-bank","to_ping":"","pinged":"","post_modified":"2023-04-30 16:53:28","post_modified_gmt":"2023-04-30 06:53:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11368","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11302,"post_author":"13","post_date":"2023-04-29 13:55:40","post_date_gmt":"2023-04-29 03:55:40","post_content":"\n Google Cloud and Polygon have joined forces to make it easy for Web 3 developers to create, launch and expand their Web 3 products and decentralized applications<\/a> (dApps) on Polygon protocols.\u00a0<\/p>\n\n\n\n The collaboration<\/a>, a multi-year alliance announced on April 27, specifically aims to accelerate the adoption of Polygon platforms - Polygon PoS, Polygon Supernets, and zkEVM - with Google Cloud infrastructure and developer tools.\u00a0<\/p>\n\n\n\n Having Google Cloud as a strategic cloud provider for Polygon protocols would reportedly save developers time and costs of operating dedicated blockchain nodes. Last year, Google announced<\/a> a blockchain node engine, a fully managed hosting service for Web 3 developers.\u00a0<\/p>\n\n\n\n \u2018\u2018Google Cloud supporting all of the Polygon protocols is a step in the right direction to help broaden more people into Web 3,\u2019\u2019<\/em> commented Ryan Wyatt, President Polygon Labs, adding that the collaboration with Google Cloud ''would increase transaction throughput, enabling use cases in gaming, supply chain management, and DeFi.''\u00a0<\/em><\/p>\n\n\n\n More importantly, Google Cloud said the partnership is important in enhancing Polygon\u2019s zero knowledge<\/a> Ethereum Virtual Machine (zkEVM<\/a>), whose beta launched<\/a> on the Ethereum mainnet in March. The technology, which enables data validation without revealing the actual data, aims to improve the scalability of dApps built on Ethereum.\u00a0<\/p>\n\n\n\n See Related:<\/em><\/strong> Binance Adds Zk-SNARK To Its Proof-of-Reserves To Enhance Transparency With More Verifiable Assets<\/a><\/p>\n\n\n\n Additionally, Polygon recently Polygon\u2019s zkEVM Technology<\/strong><\/h2>\n\n\n\n
Polygon\u2019s zkEVM Technology<\/strong><\/h2>\n\n\n\n
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