November 27, 2022

Bitcoin is already in space - Bitcoin blockchain node sent to the ISS

Bitcoin is already in space - Bitcoin blockchain node sent to the ISS

Last week, SpaceChain's startup first sent a bitcoin node to the International Space Station (ISS), and this will make the Bitcoin network (BTC) even more secure.

A computer with a BTC-node became a small part of the cargo of the Falcon 9 rocket, which left the American spaceport at Cape Canaveral in Florida.

The node will exchange transaction data through the ISS for about a year.

SpaceChain CEO Zi Zheng said that such a slow but secure way to exchange data can be attractive to large customers.

Previously, SpaceChain has already sent twicesatellites from China, and this project received funding of € 60,000 from the European Space Agency. As a result of the success of this project, the SpaceChain token experienced a growth of more than 60%.

However, SpaceChain is not the first startup,who is trying to bring bitcoin into space. For example, Blockstream has been working with its own satellite program since August 2017, and its equipment allows you to make bitcoin transactions in almost all continents.

Earlier, we talked about the fact that Microsoft’s GitHub web service decided to create a cold storage of Bitcoin and Ethereum code on the island of Svalbard in case of an apocalypse.