The mum or dad firm of one of many greatest cell service suppliers within the US is turning into a validator on layer-2 scaling community Polygon (MATIC).
In a brand new firm announcement, Deutsche Telekom, the conglomerate that owns telecommunications big T-Cell, says it’ll start validating nodes for Polygon, similar to it’s been doing for different distinguished crypto belongings.
“Deutsche Telekom’s subsidiary, Deutsche Telekom MMS, extends its validation nodes to Polygon, offering staking and validation providers for the Proof-of-Stake (POS) community and Polygon’s Supernets options. Deutsche Telekom MMS is one in every of solely 100 validators on the Polygon community.”
Different digital belongings Deutsche Telekom presently validates nodes for embody Ethereum (ETH), Stream (FLOW), Chainlink (LINK), Celo (CELO), and Q.
Dirk Röder, Head of the Blockchain Options Heart at Deutsche Telekom, says that turning into a validator for Polygon will assist the agency totally unlock the potential of blockchain know-how.
“The Polygon ecosystem may be very developer-friendly and resource-efficient. It’s based mostly on the very best safety requirements of the Ethereum ecosystem. The collaboration with Polygon is a crucial step for Deutsche Telekom MMS to completely exploit the potential of blockchain know-how and allow functions appropriate for mass deployment.”
Röder says that the agency presently additionally helps Polygon staking, which contributes to the protocol’s decentralization and safety.
In line with the announcement, as a validator, Deutsche Telekom “will assist safe Polygon’s POS sidechain and Supernets app-chains, contributing to their safety, governance, and decentralization by operating a full node, producing blocks, validating and taking part in consensus, and committing checkpoints on the Ethereum mainnet.”
MATIC is buying and selling for $0.88 at time of writing, a 1.12% lower over the past 24 hours.
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