The mum or dad firm of one of many greatest cell service suppliers within the US is changing 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 should start validating nodes for Polygon, similar to it’s been doing for different outstanding crypto property.
“Deutsche Telekom’s subsidiary, Deutsche Telekom MMS, extends its validation nodes to Polygon, offering staking and validation companies 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 property Deutsche Telekom at present validates nodes for embody Ethereum (ETH), Movement (FLOW), Chainlink (LINK), Celo (CELO), and Q.
Dirk Röder, Head of the Blockchain Options Heart at Deutsche Telekom, says that changing into a validator for Polygon will assist the agency totally unlock the potential of blockchain expertise.
“The Polygon ecosystem may be very developer-friendly and resource-efficient. It’s primarily based on the best safety requirements of the Ethereum ecosystem. The collaboration with Polygon is a crucial step for Deutsche Telekom MMS to totally exploit the potential of blockchain expertise and allow functions appropriate for mass deployment.”
Röder says that the agency at present additionally helps Polygon staking, which contributes to the protocol’s decentralization and safety.
In response to 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 working a full node, producing blocks, validating and collaborating 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 last 24 hours.
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