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...