Huawei Cloud has entered the Web3 market

The ‘Web3.0 Node Engine Service’ part of the Huawei Cloud documentation and user manuals has been updated to reflect the company’s recent push to cater to the Web3 sector.

In a blog post published on August 10th, famous crypto news writer Colin Wu noted that Huawei Cloud has updated “the beginning of the Ethereum node engine and TRON node engine.”

In the user guide, the Huawei Cloud team provides an overview of the hosting service, writing, “Web 3.0 Node Engine Service (NES) is a blockchain node engine system created by Huawei Cloud.”

It allows developers to connect to popular blockchains like Ethereum and streamlines blockchain network administration, resource management, and authentication. NES provides a trustworthy system on which to build Web 3.0 applications and services.

A comprehensive guide for developers and builders on the Ethereum (ETH) and Tron (TRX) Networks was also made accessible by Huawei, as was a comprehensive guide for consumers who wish to utilise its staking services.

According to a revelation by the Twitter (X) account Seth For Privacy, Hetzner, a rival of Huawei’s, increased their Terms of Service (ToS) in 2022, making it an “adversarial environment” for operators of crypto nodes like Bitcoin (BTC) and Monero (XMR), in Seth’s words.

According to the author, Hetzner also requested that Twitter remove the first complaint from the service in order to penalise the account that had originally shared the warning with his followers.

Huawei’s latest action reflects a desire to adopt a more welcoming stance towards cryptocurrencies, blockchain, and Web3; this includes not just innovators in the Web3 business but also regular investors and consumers.

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