Germany’s Deutsche Telekom set to become a Polygon validator

0

[ad_1]

Germany’s Deutsche Telekom is one of Europe’s largest telecommunications companies.
Deutsche Telekom provides consulting and software development services.
Polygon has about 100 validators providing staking and validation services for the network.

Germany’s Deutsche Telekom is set to leverage its infrastructure in Web3 to become a Polygon Network validator. The Ethereum scaling protocol Polygon has about 100 validators providing validation and staking services for the network and the Polygon Supernets solution.

Deutsche Telekom provides consulting and software development services while also using its infrastructure to boost network security and explore new revenue streams as a validator for several blockchain protocols. Besides Polygon, Deutsche Telekom is a validator for Celo, Q, Flow, Ethereum, and Chainlink blockchains.

Deutsche Telekom as a Polygon validator

Polygon has grown into an important layer 2 within the Ethereum ETH ecosystem, offering a wide range of scaling solutions including side chains, data availability, and the zero-knowledge rollups whose holy-grail beta recently hit the mainnet.

By operating as a Polygon validator, Deutsche Telekom MMS will help secure Polygon’s proof-of-stake sidechain and Sepernets chain resulting in improved security, decentralization, and governance of the protocol.

The company will run a full node, produce blocks, and validate transactions while also committing checkpoints to the Ethereum mainnet.

Speaking to one of the popular media outlets, Deutsche Telekom’s Blockchain Solutions Center head, Dirk Röde said:

“Deutsche Telekom is not only a renowned infrastructure provider for mobile and internet services but is also making significant commitments to expand its presence and reliability as an infrastructure provider in the web3 domain.”

[ad_2]

Source link

Leave A Reply

Your email address will not be published.

bitcoin
Bitcoin (BTC) $ 63,705.00
ethereum
Ethereum (ETH) $ 1,717.70
tether
Tether (USDT) $ 0.998827
bnb
BNB (BNB) $ 587.53
usd-coin
USDC (USDC) $ 0.999830
xrp
XRP (XRP) $ 1.14
solana
Solana (SOL) $ 73.18
tron
TRON (TRX) $ 0.327553
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.03
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
hyperliquid
Hyperliquid (HYPE) $ 67.85
dogecoin
Dogecoin (DOGE) $ 0.082960
usds
USDS (USDS) $ 0.999748
rain
Rain (RAIN) $ 0.014362
leo-token
LEO Token (LEO) $ 9.57
zcash
Zcash (ZEC) $ 446.71
wrapped-steth
Wrapped stETH (WSTETH) $ 2,779.67
stellar
Stellar (XLM) $ 0.212408
whitebit
WhiteBIT Coin (WBT) $ 52.33
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 76,243.00
cardano
Cardano (ADA) $ 0.160236
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998762
monero
Monero (XMR) $ 317.31
wrapped-beacon-eth
Wrapped Beacon ETH (WBETH) $ 2,466.93
chainlink
Chainlink (LINK) $ 7.87
canton-network
Canton (CC) $ 0.151446
usd1-wlfi
USD1 (USD1) $ 1.00
wrapped-eeth
Wrapped eETH (WEETH) $ 2,465.31
the-open-network
Gram (prev. Toncoin) (GRAM) $ 1.66
susds
sUSDS (SUSDS) $ 1.08
ethena-usde
Ethena USDe (USDE) $ 0.998905
lab
LAB (LAB) $ 13.56
dai
Dai (DAI) $ 0.999833
bitcoin-cash
Bitcoin Cash (BCH) $ 196.96
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 76,366.00
memecore
MemeCore (M) $ 2.92
litecoin
Litecoin (LTC) $ 44.95
hedera-hashgraph
Hedera (HBAR) $ 0.079402
weth
WETH (WETH) $ 2,268.37
hashnote-usyc
Circle USYC (USYC) $ 1.13
sui
Sui (SUI) $ 0.705669
global-dollar
Global Dollar (USDG) $ 0.999732
usdt0
USDT0 (USDT0) $ 0.998824
paypal-usd
PayPal USD (PYUSD) $ 0.999905
shiba-inu
Shiba Inu (SHIB) $ 0.000005
near
NEAR Protocol (NEAR) $ 2.12
crypto-com-chain
Cronos (CRO) $ 0.058849
avalanche-2
Avalanche (AVAX) $ 6.19
tether-gold
Tether Gold (XAUT) $ 4,146.15
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
Shares