- Finally, the Bitcoin Blockchain’s most updated protocol makes it possible to download a full node without the internet.
- In almost two years, the most upgraded satellite network has carried the Bitcoin Blockchain.
Do you remember that one of the crypto companies eventually declared a Bitcoin “treasure chest” hunt in space in March? Yes, the same company has decided to send a LunarCrush and plans to send a rover over 200,000 miles to the moon this year. They were also provided the private key, which was etched on the device.
The Bitcoin Blockchain From Space
The very first update since an application programming interface was released was eventually the first upgraded network. In the month of August 2017, the first version of the protocol was released, and the name of that protocol was the DVB-S2 protocol, too, for version 2.0.
The above-mentioned version has improved the overall spectral efficiency and signal reliability. It is also the one that delivers higher bitrates and increases data capacity along with bandwidth. According to the Chief Strategy Officer (CSO), Samson Mow took the opportunity to swipe at the rival blockchain Ethereum.
Also, one of the most intelligent co-founders of Cryptosat, Yan Michalevsky, says that blockchain can very easily intersect with the cosmos in two ways. The first he mentioned was “Blockchain for space,” and the other was using different blockchains to enhance and improve existing space technology.
Now, as per the declaration on May 4, on one of the company’s websites, there was a standard-based transmission protocol along with more bandwidth and additional coverage areas. Syncing with a new Bitcoin and the full node over Blockstream satellite eventually takes less time.
Space Chain is also one of the crypto startups, and Jeff Garzik is the cofounder. He’s
the driving force behind their mission, propelling slower computers into cosmic racesThey are also the ones who have attached seven to existing satellites; yes, three are already on the International Space Station.
We can also understand how difficult and hard it is for people to access the whole computer system, which is trying to race outside the earth at a speed of 17000 miles per hour. This also includes areas that have unreliable internet coverage.
Also, Blockstream is the network that gives free global access by broadcasting the whole Bitcoin Blockchain to the entire planet. There is zero-knowledge proof in the term cryptography, which states that one party can easily prove that a given sentence is true without revealing the statement. You don’t know, but at a very high level of zero knowledge, proof eventually works by having the verifier perform all the underlying information accurately.
So last but not least, space can easily help secure blockchains and provide a very good launching ground for broadcasting blockchain information.
