Qtum is Running from Google Cloud Servers, Operation Costs Shrinks 30%
In an update, the blockchain project said with the falling cost of node operating, update publication times have also been reduced from two weeks to four days while users can now easily track Bitcoin movements. Notably, by allowing node operators to launch directly from the Google Cloud, related costs have shrunk by 30 percent compared to when using other providers.
Commenting, Miguel Palencia, the Chief Information Officer of Qtum said: Qtum said they turned to Google Cloud to meet the network’s stability, operational costs, data processing, and analysis requirements. A 2018 survey by PricewaterhouseCoopers (PwC), one of the big four audit firms, said besides reducing operation costs and enhancing efficiency, blockchain introduces an unparalleled level of product traceability largely because of its transparent Google Cloud is now a Block Producer candidate on the EOSIO blockchain.
