Home » T-Cellular’s Mum or dad Firm Turns into Validator on Polygon (MATIC) Community

T-Cellular’s Mum or dad Firm Turns into Validator on Polygon (MATIC) Community

by CoinVeem

The guardian firm of one of many largest 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 large T-Cellular, says it is going to 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 all solely 100 validators on the Polygon community.”

Different digital property Deutsche Telekom presently validates nodes for embrace Ethereum (ETH), Stream (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 absolutely unlock the potential of blockchain expertise.

“The Polygon ecosystem may be very developer-friendly and resource-efficient. It’s based mostly on the best safety requirements of the Ethereum ecosystem. The collaboration with Polygon is a vital step for Deutsche Telekom MMS to completely exploit the potential of blockchain expertise 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 accordance 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 working 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 last 24 hours.

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Featured Picture: Shutterstock/marymyyr

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