T-Mobile’s Parent Company Becomes Validator on Polygon (MATIC) Network

The father or mother firm of one of many largest 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-Cellular, says it’ll start validating nodes for Polygon, identical to it’s been doing for different outstanding crypto belongings.

“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 belongings Deutsche Telekom at the moment validates nodes for embrace Ethereum (ETH), Movement (FLOW), Chainlink (LINK), Celo (CELO), and Q.

Dirk Röder, Head of the Blockchain Options Middle at Deutsche Telekom, says that turning 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 vital step for Deutsche Telekom MMS to totally exploit the potential of blockchain expertise and allow purposes appropriate for mass deployment.”

Röder says that the agency at the moment additionally helps Polygon staking, which contributes to the protocol’s decentralization and safety.

In keeping 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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