Polygon (MATIC), the prominent scaling platform for Ethereum (ETH) Layer-2, is concluding the month of May with a significant collaboration with Deutsche Telekom, a telecommunications giant.
Under the partnership agreement, Deutsche Telekom has joined as one of the 100 validators on the Polygon Proof-of-Stake (PoS) network. This strategic alliance not only allows the telecommunications platform to explore the extensive possibilities of blockchain technology but also contributes to enhancing the security and decentralization of the Polygon network.
Deutsche Telekom, a prominent telecommunications company, continues to demonstrate its dedication to enhancing the Ethereum (ETH) ecosystem. Through its latest partnership with the Layer-2 (L2) platform, the company reaffirms its commitment. As per the announcement, Deutsche Telekom’s subsidiary, Deutsche Telekom MMS, will offer staking and validation services for both Polygon’s Proof-of-Stake (PoS) network and Supernet solutions. This collaboration highlights Deutsche Telekom’s active involvement in supporting and contributing to the growth and development of the ETH ecosystem.
Polygon Gains Recorgnition
The Polygon blockchain is rapidly garnering acclaim in various industries, with its reputation reaching new heights. This collaboration goes beyond mere support, as Deutsche Telekom MMS actively contributes to securing the Polygon PoS side chains and the innovative Supernet app chain.
By doing so, they play a pivotal role in enhancing the protocol’s security, governance, and decentralization. Recognizing the significance of this partnership, Deutsche Telekom MMS considers it a significant milestone, appreciating the developer-friendly and resource-efficient nature of the Polygon network. Together, they forge ahead, propelling the Polygon blockchain to even greater recognition and success across industries.
The widespread adoption and increasing recognition of the blockchain network is evident, marking a significant milestone for the protocol. The growing popularity of the network across various industries and businesses is a testament to its appeal and functionality. Michael Blank, the Chief Operating Officer at Polygon Labs, encourages more businesses to seize the opportunity and join the thriving ecosystem.
Throughout this year, the PoS network has made significant strides in promoting scalability. Notably, the release of the beta version of the zero-knowledge Ethereum Virtual Machine (zkEVM) by Polygon Labs in March showcased their commitment to innovation. Furthermore, the strategic partnership with Google Cloud further boosted the ecosystem’s growth. The exceptional performance of the Polygon zkEVM has captured the attention of many, increasing the likelihood of attracting more mainstream validators in the near future.
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