"What it is really about is being able to make life easier and faster for developers," said Dion Almaer, Google engineer for developer programs.
Alamaer said the project is just the beginning; Google wants to add more libraries.
"If we see good usage, we can work with browser vendors to automatically ship these libraries. Then, if they see the URLs that we use, they could auto load the libraries, even special JITed (Just In Time) ones, from their local system," said Almaer.
"The bottom line, and what I am really excited about, is what this could all mean for Web developers if this happens," he said. "We could be removed of the constant burden of having to re-download our standard libraries all the time."
In addition to hosting libraries, cache headers are set; up-to-date bug fixes are furnished as well. Automatic compression also is featured as part of the project.