German Corporate Giant Becomes Public Validator• November 6, 2023 3:31 pm • Comments
German corporate giant Deutsche Telekom is now a public validator for the Aleph Zero blockchain.
Deutsche Telekom now operates nodes on both the Aleph Zero testnet and the mainnet—making it one of the few traditional corporate giants to join in the validation and operation of public blockchains.
Aleph Zero is a layer one blockchain that focuses on increased user privacy and is not the first blockchain that Deutsche Telekom has acted as a validator for.
Telekom Web3 Infrastructure & Solutions announced earlier this year: “We are honored to announce that we have surpassed 10,000,000€ on Assets under Stake on our Ethereum Validator Nodes.”
We are honored to announce that we have surpassed 10,000,000€ on Assets under Stake on our #Ethereum Validator Nodes.
— Telekom Web3 Infrastructure & Solutions (@mms_Blockchain) April 21, 2023
According to Trustnodes:
Aleph Zero itself seems to have a somewhat interesting new consensus model based on a modification of Asynchronous Byzantine Fault Tolerant (ABFT) systems. It uses both ZK-SNARKs for basic processes and more compute intensive secure Multi-Party Computation (sMPC) for a very small amount of highly specific computations.
MultiversX explained: “Two weeks ago the Web3 arm of Deutsche Telekom started operating MultiversX infrastructure & providing staking services. Since then,Telekom Web3 Infrastructure & Solutions facilitates fast, inexpensive & carbon-negative transactions, alongside the other relentless 3,000+ network validator nodes.”
Two weeks ago the Web3 arm of Deutsche Telekom started operating #MultiversX infrastructure & providing staking services.
— MultiversX (@MultiversX) November 2, 2023
Stoven Labs had this to say: “Deutsche Telekom, the majority shareholder of T-Mobile, is now an Aleph Zero validator. Communication is their specialty. They are processing messages in web3, now as an AZERO validator. This is a win for privacy and custody enhancing technology.”
Communication is their specialty. They are processing messages in web3, now as an #AZERO validator.
— Stoven Labs (@StovenLabs) November 2, 2023
Deutsch Telekom also featured this press release on their official website:
With Aleph Zero, Deutsche Telekom MMS further increases its infrastructure portfolio by supporting a privacy-enabling, highly scalable and secure Layer 1 Network, making this the first instance of Deutsche Telekom partnering with a privacy-focused network.
“Past incidents such as hacks and security leaks have shown the importance of security, privacy, and decentralization on the web3. Against this context, our collaboration with Aleph Zero is very exciting.
With new technical standards and a high level of decentralization, we are working together on the secure Internet of Values,” says Dirk Röder, Head of the Web3 Infrastructure & Solutions Team at Deutsche Telekom MMS.
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