Deutsche Telekom Becomes Polygon Validator

Jun 1, 2023

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Deutsche Telekom is set to become a validator for the Ethereum scaling protocol, Polygon.

Deutsche Telekom’s Role as a Validator

, Deutsche Telekom aims to explore new revenue streams and enhance network security. Deutsche Telekom MMS, a subsidiary providing consulting and software development services, will operate as a validator for Polygon. This move is expected to enhance the security, governance, and decentralization of Polygon’s proof-of-stake sidechain and Supernets chain.

baut weiter auf und stellt dafür jetzt auch Infrastruktur im Ökosystem bereit. Neben Validierung bietet auch -Services für das Netzwerk u. die an:

— Telekom MMS (@Telekom_MMS)

Commitment to Web3 Infrastructure

As a Polygon validator, Deutsche Telekom will run a full node, participate in block production, validate transactions, and contribute checkpoints to the Ethereum mainnet.
Dirk Röde, the head of Deutsche Telekom’s Blockchain Solutions Center, expressed that supporting Polygon as a validator is a significant milestone in their goal to be a prominent player in Web3 infrastructure. The company aims to serve institutional clients as a reliable enterprise-grade staking provider.

Potential for Mainstream Telecommunications Companies in Web3

Deutsche Telekom’s entry into Web3 could pave the way for other telecommunications companies to explore opportunities in this domain. A diverse and reliable validator set is essential for decentralization within the ecosystem.

Importance of Polygon in the Ethereum Ecosystem

Polygon has emerged as a significant layer 2 solution within the Ethereum ecosystem. It offers developers various scaling solutions, including zero-knowledge rollups, sidechains, and data availability protocols.

Polygon recently announced a long-term partnership with Google Cloud to drive the development of the zkEVM solution, a zero-knowledge proof scaling solution for the Ethereum scaling protocol. Such collaborations demonstrate the growing importance of scalability solutions and the commitment of industry players to advancing blockchain technology.

Polygon zkEVM Mainnet Beta launched earlier this year with a set of security features., here at , describes such features as “training wheels” on the road to trustlessness.

A quick update, refresher, and timeline to removing some training wheels

— Polygon (@0xPolygon)

Partnership Impact and Future Developments

Deutsche Telekom’s validator role follows partnerships with other blockchain protocols, including Q, Flow, Celo, Chainlink, and Ethereum. By monetizing the native token of the underlying blockchain network and leveraging its infrastructure, Deutsche Telekom aims to create a dependable and scalable source of income. The company’s involvement could encourage greater adoption of blockchain technology among mainstream businesses.

Summary

Deutsche Telekom’s participation as a validator for Polygon signifies its foray into Web3 infrastructure. By utilizing its infrastructure and expertise, Deutsche Telekom aims to contribute to the security and decentralization of the Ethereum scaling protocol while exploring new revenue opportunities in the blockchain space.

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