{"id":14062,"date":"2022-10-03T12:22:27","date_gmt":"2022-10-03T12:22:27","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/german-telco-giant-deutsche-telekom-runs-ethereum-validator\/"},"modified":"2022-10-03T12:22:27","modified_gmt":"2022-10-03T12:22:27","slug":"german-telco-giant-deutsche-telekom-runs-ethereum-validator","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/german-telco-giant-deutsche-telekom-runs-ethereum-validator\/","title":{"rendered":"German Telco Giant Deutsche Telekom Runs Ethereum Validator"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>Deutsche Telekom has declared its support for the <a href=\"https:\/\/igaming.org\/cryptocurrencies\/ethereum-alternative-coin\/\">Ethereum<\/a> network, announcing intentions to run a validator node on the world\u2019s largest proof-of-stake (PoS) blockchain.<\/p>\n<p>According to an announcement made by the telecoms behemoth on Thursday, the company\u2019s action is part of its larger goal of growing its activities  throughout the blockchain technology and crypto ecosystem.<\/p>\n<h2>Deutsche Telekom Now Part of the Ethereum staking community<\/h2>\n<p>T-Systems Multimedia Solutions, a subsidiary of Deutsche Telekom, will be in charge of the validation infrastructure (T-Systems MMS). T-Systems MMS will thus run a validator node on Ethereum, participating in the network\u2019s staking system.<\/p>\n<p>Deutsche Telekom also announced a partnership with liquid staking pools provider Stake Wise, marking the telco\u2019s foray into liquid staking.<\/p>\n<p>The decision by the German telecom powerhouse comes only a few weeks after Ethereum successfully migrated away from the <a href=\"https:\/\/igaming.org\/cryptocurrencies\/section\/what-is-a-bitcoin\/\">Bitcoin<\/a> network\u2019s proof-of-work method.<\/p>\n<p><a href=\"https:\/\/igaming.org\/crypto\/the-ethereum-merge-brings-along-the-magic-raoul-pal\/\">The Merge<\/a>, as the Ethereum software version that introduced the PoS mechanism was dubbed, is expected to reduce Ethereum\u2019s energy consumption by 99.95%, making the blockchain a more environmentally friendly network.<\/p>\n<p>Dirk R\u00f6der, Head of Blockchain Solutions Center at T-Systems MMS, said:<\/p>\n<p><em>\u201cAfter collaborating with  Flow, Celo and Polkadot, we are now taking the next decisive step in the blockchain world and are doing pioneering work here with Ethereum. As a node operator, our entry into liquid staking and the close collaboration with a DAO is a novelty for Deutsche Telekom.\u201d<\/em> <\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/german-telco-giant-deutsche-telekom-runs-ethereum-validator\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) Deutsche Telekom has declared its support for the Ethereum network, announcing intentions to run a validator node on the world\u2019s largest proof-of-stake (PoS) blockchain. According to an announcement made by the telecoms behemoth on Thursday, the company\u2019s action is part of its larger goal of growing [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":14063,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/14062"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=14062"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/14062\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/14063"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=14062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=14062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=14062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}