1d ago
Someone’s saying that because Google is developing an L1 blockchain called GCUL, existing chains like Ethereum will eventually die out. But honestly, that shows they don’t really understand this space. Forking Ethereum geth source code literally takes a second, but you can’t fork the community and ecosystem that made Ethereum what it is. A corporate blockchain solution can be cloned and sold easily, but you can’t replicate an open-source ecosystem. Unlike Google Search, which depends entirely on a single company, a blockchain network is built by countless participants and services that make up its ecosystem. Over time, blockchains will move further away from dependence on any single person or organization and become even stronger. At the core of that strength are people with their own motivations and ambitions. Those personal drives are what make the network more resilient, more diverse, and constantly evolving with new technologies and services. That’s what I find truly fascinating about blockchain.
27/08/2025
Google Cloud has announced the launch of its L1 blockchain, GCUL, which simplifies cross-border payments and asset settlements through a distributed ledger. GCUL is currently in a private testnet phase and announced a partnership with CME earlier this year to pilot tokenized assets.
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