Deutsche Telekom MMS is now a validator for the Polygon public blockchain, joining a group of 100 organizations operating nodes on the proof of stake (PoS) blockchain. Polygon PoS is an Ethereum side chain.
The German firm views hosting nodes and staking as a modern extension of traditional telecoms infrastructure services.
Deutsche Telekom has been a trailblazer regarding enterprise adoption of public blockchains. In 2019 it was one of the first batch of corporate members of the Hedera DLT governing council. And in 2020, it started preparing to run validator nodes for staking and launched a node on the Chainlink oracle network.
“The Polygon ecosystem is very developer-friendly and resource-efficient. It is based on the highest security standards of the Ethereum ecosystem,” said Dirk Röder, Head of the Blockchain Solutions Center at Deutsche Telekom. “Deutsche Telekom MMS also supports Polygon staking, contributing to the security and decentralization of the blockchain.”
Application specific blockchains
While Polygon is known for its popular proof of stake blockchain, it now has a portfolio, including a variety of blockchain scaling solutions.
In the past, some hoped that Ethereum would become the only blockchain, but its scalability limitations and competition nipped that in the bud. The concept of a network of networks emerged, with Cosmos and Polkadot the early movers to support application specific blockchains. That’s something that particularly appeals to the corporate sector.
More recently, Avalanche launched subnets, and now Polygon is getting ready to launch Supernets. Like Avalanche, Supernets enable permissionless or permissioned application-specific blockchains with various customizations. For example, many enterprise users would prefer to pay operating (gas) costs in dollar or euro stablecoins.
Polygon refers to these Supernets as Layer 3 blockchains because they link to Polygon PoS, which in turn checkpoints to Ethereum.
As a validator, Deutsche Telekom MMS will also help to secure Supernets app chains.