Telecom giant Deutsche Telekom, the parent company of T-Mobile, announced on Thursday the launch of its Ethereum staking services.
The German company stated that its T-Systems Multimedia Solutions (MMS) division is working with a liquid Ethereum 2.0 staking service and DAO StakeWise to operate a staking pool that allows customers to participate in validating transactions without having to run a validator themselves. Deutsche Telekom is also participating in the governance of the StakeWise decentral autonomous organization (DAO).
In a statement, the Head of Blockchain Solutions Center at T-Systems MMS, Dirk Röder, said, “As a node operator, our entry into liquid staking and the close collaboration with a DAO is a novelty for Deutsche Telekom.”
Deutsche Telekom believes liquid staking through its new service will attract customers because, like other such services such as Lido, the offering helps customers save time and the hassle of having to set up a validator node for themselves....
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...