{"id":35747,"date":"2021-04-21T11:56:33","date_gmt":"2021-04-21T09:56:33","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=35747"},"modified":"2021-04-21T11:56:33","modified_gmt":"2021-04-21T09:56:33","slug":"gaming-giant-ubisoft-joins-the-tezos-ecosystem-as-corporate-baker","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/gaming-giant-ubisoft-joins-the-tezos-ecosystem-as-corporate-baker\/","title":{"rendered":"Gaming Giant Ubisoft Joins The Tezos Ecosystem as Corporate Baker"},"content":{"rendered":"
Gaming giant Ubisoft<\/a><\/strong> has joined the Tezos ecosystem as a corporate baker, bringing the total number of corporate bakers to eight.<\/p>\n Ubisoft announced the news in a press release<\/a><\/strong> on Tuesday, April 21. With this, Ubisoft will work as Tezos network validator and is the latest corporate entity helping secure and validate Tezos as a baker. Ubisoft’s blockchain team has closely worked with Nomadic Labs<\/a><\/strong>, a Paris-based company specialized in Tezos blockchain, to join Tezos as a corporate baker.<\/p>\n Instead of energy-hungry mining in Proof-of-Work (POS) blockchains, Proof-of-Stake (PoS) uses staking and validators to validate the next block. These validators in the Tezos ecosystem are called Bakers. Tezos employs a Liquid Proof of Stake (LPoS)<\/a><\/strong> consensus model, meaning that token holders on the network have the option to delegate their tokens to a baker\/bakery, in exchange for some of the baker\u2019s staking rewards, or bake on the network themselves.<\/p>\n