温馨提示:本站仅提供公开网络链接索引服务,不存储、不篡改任何第三方内容,所有内容版权归原作者所有
AI智能索引来源:http://www.bee.com/vi/56362.html
点击访问原文链接

A quick look at Google’s blockchain GCUL, a Layer 1 public chain or a consortium chain?Recommended Articles | Bee Network

A quick look at Google’s blockchain GCUL, a Layer 1 public chain or a consortium chain?Recommended Articles | Bee Network Login Tin tức thịnh hành Nền tảng khởi chạy meme Các tác nhân trí tuệ nhân tạo (AI) DeSci TopChainExplorer Dành cho Newbee Tiền xu 100 lần Trò chơi Ong Trang web cần thiết ỨNG DỤNG Phải Có Người nổi tiếng về tiền điện tử DePIN Tân binh cần thiết Máy dò bẫy Công cụ cơ bản Trang web nâng cao Trao đổi Công cụ NFT CHÀO, Đăng xuất Vũ trụ Web3 Trò chơi Ứng dụng phi tập trung (DApp) Tổ ong Nền tảng phát triển QUẢNG CÁO Tìm kiếm Tiếng Anh Nạp xu Đăng nhập Tải xuống Đại học Web3 Trò chơi Ứng dụng phi tập trung (DApp) Tổ ong QUẢNG CÁO trang chủPhân tích•A quick look at Google’s blockchain GCUL, a Layer 1 public chain or a consortium chain?Recommended Articles A quick look at Google’s blockchain GCUL, a Layer 1 public chain or a consortium chain?Recommended ArticlesPhân tích6 tháng trước更新Wyatt 28.154 31 Recently, Rich Widmann, Head of Web 3 Strategy at Google, announced via social media the official launch of its blockchain network, Google Cloud Universal Ledger (GCUL), bất chấpning it as a “Layer 1 blockchain.” This has sparked debate over its technical positioning: Is GCUL a true Layer 1 public blockchain, or is it more akin to a traditional consortium blockchain?

Official positioning and core features

According to an official description, GCUL is designed as a “high-performance, trustworthy, neutral, and Python smart contract-enabled distributed ledger platform.” Currently in a private testnet phase, it primarily serves financial institutions. Google Cloud emphasizes that GCUL aims to simplify the management of commercial bank currency accounts and enable multi-currency and multi-asset transfers and settlements through distributed ledger technology, while also supporting programmable payments and digital asset management.

In its official release, “Beyond Stablecoins: The Evolution of Digital Currency,” Google further elaborated on the positioning of GCUL: It aims not to “reinvent money” but rather to address the fragmentation, high costs, and inefficiencies of the traditional financial system by upgrading infrastructure. GCUL is packaged as a service and provided through an API, emphasizing its ease of use, flexibility, and security, particularly in terms of compliance (such as Know Your Customer verification) and private deployment.

Notably, GCUL’s early testing has already begun in collaboration with the Chicago Mercantile Trao đổi (CME Group). In March 2025, the two parties announced the launch of a distributed ledger pilot to explore solutions for wholesale payments and asset tokenization.

CME CEO Terry Duffy said GCUL is expected to improve the efficiency of collateral management, margin settlement and other aspects under the “24/7 trading trend”; Google Cloud Financial Services General Manager Rohit Bhat emphasized that this cooperation is “a typical case of traditional financial institutions achieving business transformation through modern infrastructure.”

Layer 1 and Consortium Chains: Definitions and Differences In the blockchain world, Layer 1 typically refers to the underlying public blockchain, such as Ethereum and Solana. Its core characteristics include decentralization, permissionlessness, and transparency. Any user can freely participate in network verification, transactions, and smart contract deployment, and on-chain data is visible to everyone.

In contrast, a consortium blockchain is a permissioned distributed ledger jointly maintained by specific organizations or institutions, with controlled node access and customizable data access permissions. Typical applications include Hyperledger Fabric and Ant Chain. While consortium blockchains offer advantages in compliance, controllability, and high performance, they sacrifice openness and censorship resistance.

Which model does GCUL better fit? Judging from the information currently disclosed, GCUL exhibits obvious characteristics of a consortium chain:

Private and permissionless: GCUL explicitly runs on a “private and permissioned network”, and node access and account permissions are controlled by the management agency. Target users: Focused on financial institutions (such as CME Group), rather than the public’s free participation. Compliance first: The original design intention includes traditional financial compliance requirements such as KYC verification and transaction fees complying with outsourcing regulations. Technical Architecture: Although it supports smart contracts (based on Python), its underlying infrastructure is maintained in a centralized manner by Google Cloud, which differs from the “decentralized” Layer 1 concept. However, Google Cloud officials still insist on calling it “Layer 1,” emphasizing its “trust neutrality” and “infrastructure neutrality”—meaning it can be used by any financial institution, not just by specific interest groups. This narrative attempts to blur the lines between public and consortium blockchains.

Third-party perspective: doubt and wait-and-see Industry practitioners have expressed different views on GCUL’s positioning:

Liu Feng, partner of BODL Ventures, believes that GCUL is more in line with the characteristics of a “consortium chain” and is essentially different from decentralized, permissionless public chains. Dragonfly partner Omar said that Google’s previous description of GCUL was rather vague, and now the team clearly tends to package it as “Layer 1”, but the actual technical details have not yet been fully disclosed. Helius CEO Mert pointed out that GCUL is currently still a “private and permissioned” system, which is different from the open model of the public chain. Despite skepticism, some believe GCUL could represent a form of “incremental innovation.” For example, the pilot program between Google and CME Group demonstrates institutional demand for the application of distributed ledger technology in scenarios like settlement and collateral management. If GCUL can integrate Google’s technical capabilities and financial compliance experience, it may be able to forge a practical path between traditional finance and blockchain.

Disclaimer: This article is based on public information analysis. The specific technical architecture and operating model of GCUL are still subject to subsequent official disclosure by Google.

Bài viết này được lấy từ internet: A quick look at Google’s blockchain GCUL, a Layer 1 public chain or a consortium chain?Recommended Articles

Related: This article teaches you how to use Pendle’s new killer weapon BorosRecommended Articles Author|Azuma ( @azuma_eth ) Earlier this month, leading DeFi protocol Pendle officially launched its long-awaited new product, Boros (see ” Funding Rates Finally Become a Tradable Asset: How Does Pendle’s Sub-Platform Boros Disrupt the Arbitrage Market? “). This product allows users to trade or hedge directly around funding rates, unlocking new gaming and revenue markets for the industry. Since Boros went online, the platform’s various data have achieved certain growth, and PENDLE’s price has also been strongly boosted, breaking through $6 in the short term, becoming one of the most outstanding ETH Betas this month. However, because the concept of fee-based trading is relatively new, most users remain confused about how to understand Boros and how to leverage it to generate returns. Below, we will address these questions in as…

Phân tích ## định nghĩa# ethereumTrao đổi #Mã thông báo #© 版权声明Mảng 上一 hình ảnh When the price of Ethereum and its micro-strategies fluctuates drastically, how can we make steady progress in the optio 下一 hình ảnh A quick look at the new CFTC regulations: How can foreign exchanges legally enter the US? What businesses will benefit? 相关文章 Capital bets on the prediction market, who is better, Polymarket or Kalshi? 6086cf14eb90bc67ca4fc62b 31.183 1 Etherean Repricing: From Rollup-Centric to “Security Settlement Layer” 6086cf14eb90bc67ca4fc62b 7.739 1 Seven Early Airdrop Opportunities for Solana Ecosystem 6086cf14eb90bc67ca4fc62b 31.563 BitMart Weekly Market Report (December 9 – December 15) 6086cf14eb90bc67ca4fc62b 16.519 Trumps Commerce Secretary joins hands with Tether, and the US Bitcoin strategic reserve begins to take shape 6086cf14eb90bc67ca4fc62b 37.340 4 Full record of Odaily editorial department investment operations (June 13) 6086cf14eb90bc67ca4fc62b 29.730 2 Miễn bình luận Bạn phải đăng nhập để co thể để lại một lơi nhận xét! Đăng nhập ngay lập tức Miễn bình luận... Bài viết mới nhất Did Jane Street “Manipulate” BTC? Decoding the AP System, Understanding the Power Struggle Behind ETF Creation and Redemption Pricing 19 giờ trước 595 Stop Comparing Bitcoin to Gold—It’s Now a High-Volatility Software Stock 19 giờ trước 677 Matrixport Research: $25 Billion Gamma Unwinding Imminent, Liquidity Yet to Return Behind the Rebound 19 giờ trước 614 ERC-5564: Ethereum’s Stealth Era Has Arrived, Receiving Addresses No Longer ‘Exposed’ 19 giờ trước 530 Hong Kong Regulatory Green Light: Asseto Enables DL Holdings to Achieve Compliance for Two RWA Business Implementations 19 giờ trước 594 Trang web phổ biếnTempoLighterGAIBMáy bay lượnPlanckRaylsBCPokerVooi Bee.com Cổng thông tin Web3 lớn nhất thế giới Đối tác đồng xuCá chép Binance CoinMarketCap CoinGecko Coinlive Giáp Tải xuống Bee Network APP và bắt đầu hành trình web3 Giấy trắng Vai trò Câu hỏi thường gặp © 2021–2026. Tất cả quyền được bảo lưu. Chính sách bảo mật | Điều khoản dịch vụ Tải xuống ứng dụng Bee Network và bắt đầu hành trình web3 Cổng thông tin Web3 lớn nhất thế giới Đối tác CoinCarp Binance CoinMarketCap CoinGecko Coinlive Armors Giấy trắng Vai trò Câu hỏi thường gặp © 2021–2026. Tất cả quyền được bảo lưu. Chính sách bảo mật | Điều khoản dịch vụ Tìm kiếm Tìm kiếmTrong trang webOnChainXã hộiTin tức 热门推荐: Thợ săn airdrop Phân tích dữ liệu Người nổi tiếng về tiền điện tử Máy dò bẫy Tiếng Việt English 繁體中文 简体中文 日本語 العربية 한국어 Bahasa Indonesia हिन्दी اردو Русский Tiếng Việt

智能索引记录