• Deutsche Telekom, the parent company of telecommunications giant T-Mobile, is becoming a validator on layer-2 scaling network Polygon (MATIC).
• They will help secure Polygon’s POS sidechain and Supernets app-chains by running a full node, producing blocks, validating and participating in consensus.
• Currently they also support Polygon staking, which contributes to the protocol’s decentralization and security.
Deutsche Telekom Becomes Validator on Polygon Network
Deutsche Telekom, the conglomerate that owns telecommunications giant T-Mobile, has announced that it will begin validating nodes for Polygon (MATIC), just like it’s been doing for other prominent crypto assets. The firm says that becoming a validator for Polygon will help them fully unlock the potential of blockchain technology.
Polygon Staking Contributes to Protocol Security
Currently Deutsche Telekom also supports Polygon staking, which contributes to the protocol’s decentralization and security. As a validator they “will help secure Polygon’s POS sidechain and Supernets app-chains by running a full node, producing blocks, validating and participating in consensus.”
Full Exploitation of Blockchain Technology
Dirk Röder, Head of the Blockchain Solutions Center at Deutsche Telekom states that collaborating with Polygon is an important step for the firm to achieve full exploitation of blockchain technology: “The collaboration with Polygon is an important step for Deutsche Telekom MMS to fully exploit the potential of blockchain technology and enable applications suitable for mass deployment.”
Other Digital Assets Validated
In addition to MATIC, Deutsche Telekom currently validates nodes for Ethereum (ETH), Flow (FLOW), Chainlink (LINK), Celo (CELO), and Q.
MATIC Trading Price
MATIC is trading for $0.88 at time of writing, a 1.12% decrease during the last 24 hours.