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…

European telecoms firms call for web giants to contribute to soaring network costs

European telecoms companies have called on the world’s web giants to contribute financially to the increasing costs of maintaining internet networks. 16 chief executives of telecoms firms, including BT, Vodafone and Deutsche Telekom, released a joint statement this week, in which they said the likes of Amazon, Apple, Facebook, Google, Microsoft and Netflix should be…

European telecoms firms call for web giants to contribute to soaring network costs

European telecoms companies have called on the world’s web giants to contribute financially to the increasing costs of maintaining internet networks. 16 chief executives of telecoms firms, including BT, Vodafone and Deutsche Telekom, released a joint statement this week, in which they said the likes of Amazon, Apple, Facebook, Google, Microsoft and Netflix should be…