Deutsche Telekom will validate the now eco-friendly Ethereum blockchain

Deutsche Telekom will become a validator for the Ethereum blockchain following its switch to an eco-friendly consensus.

A recent event called “The Merge” switched Ethereum away from Proof of Work – an energy-intensive consensus requiring powerful computers to solve complex equations – to the environmentally-friendly Proof of Stake. In doing so, Ethereum has reduced its energy consumption by around 99.98 percent.

Ethereum is the largest smart contract platform and...

30 September 2022 | Operators

Cloudflare will run Ethereum 2.0 nodes to ‘build a better internet’

Content delivery network Cloudflare has said that it will run Ethereum 2.0 nodes to help “build a better internet”.

Decentralised app platform Ethereum aims to be the foundation of web3. How does web3 differ from previous eras? Glad you asked.

Web1 (~1990-2005) – Based on open protocols, decentralised, and community-governed. However, relatively basic in terms of functionality.Web2 (~2005-present) – Siloed, centralised services with value and content ownership...

18 May 2022 | Networks

Deutsche Telekom’s T-Systems becomes a Chainlink node operator for ‘useful’ smart contracts

Deutsche Telekom's business continues its support for blockchain technologies by becoming a node operator for Chainlink, an oracle for smart contracts.

T-Systems is a subsidiary of the German telecoms giant and predominantly focuses on the Internet of Things. The company describes itself as offering integrated solutions "from the secure operation of legacy systems and classical ICT services, the transition to cloud-based services (including international networks, tailored...

22 July 2020 | IoT