TheCryptoNews.eu
Featured

Spacecoin XYZ launches first satellite in outer role blockchain network

Spacecoin XYZ launches first satellite in outer role blockchain network

Spacecoin XYZ has launched its first-ever satellite into orbit, marking the project’s first step towards bringing a fleet of satellites on-line that can allow blockchain networks to be secured in outer role. 

Talking to Cointelegraph, Spacecoin XYZ co-founder Daniel Bar talked about the major formally standardized satellite used to be the major predominant milestone in bringing the “Spacecoin layer” on-line in Earth’s orbit. 

The satellite used to be launched as segment of SpaceX Falcon Heavy, which lifted off at 3:34 am native time in California on Dec. 21.

Bar talked about the Spacecoin satellite will be the major of many future satellites to be launched within the approaching months. 

He talked about Spacecoin plans to beginning a “constellation” of between seven and ten additional satellites in 2025, which would be ample to roar the Spacecoin mainnet on-line. 

The Spacecoin satellite itself is created from two minute gadgets Bar calls “crypto engines” — every roughly the size of a desktop exhausting drive and each other files module roughly the size of a Macbook. 

These modules are hooked up to the satellite’s “bus” — the major segment of the satellite infrastructure — and are powered by solar panels when deployed within the earth’s orbit. 

An image of Spacecoin XYZ’s first test satellite used to be despatched into role earlier this year. Supply: Spacecoin XYZ

Dahlia Malkhi, Spacecoin adviser and professor of computer science at the University of California Santa Barbara told Cointelegraph that Spacecoin’s ambitions differ from the DePIN network being an additional-terrestrial backup layer for blockchain networks to a commerce marketplace for “celestial services.”

But as of true now, the major purpose of Spacecoin is to invent itself out as a role files center, providing stages of security that aren’t imaginable right here on Earth. 

“It’s possible you’ll presumably well well presumably gain of it as a depended on hardware platform, which is undoubtedly leakproof once you deploy it safely and securely. Nobody can tamper with the hardware on a satellite, now no longer even us,” talked about Malkhi. “We’re going to roar down the satellite and wreck it on Earth, however we’re going to no longer tamper with the hardware.”

On Nov. 1, Spacecoin XYZ unveiled its Blue Paper, a doc that outlined its technique to launching a decentralized physical infrastructure network (DePIN) the utilization of a fleet of nanosatellites in role. 

Primarily basically based on the project’s Blue Paper, Spacecoin will introduce a unique invent built with a layer-1 network deployed in outer role and accompanying layer-2 roar chains basically based fully on Earth. 

Connected: Decentralized network Uplink tops 40K routers, targets decrease web prices

The off-world layer-1 is is thought as the “Celestial Chain,” whereas the terrestrial layer-2 is is thought as the “Uncelestial” network.

Spacecoin XYZ posits a two-tiered invent, with the deployed L1 in outer role. Supply: Spacecoin

“The Celestial Chain is the outermost authority. Within the long term, that’s the one who files an immutable history that can outlast our lives right here on Earth at some level,” Malkhi talked about.

AI Have: 5 grand exercise instances for Primarily basically based Agents and Advance’s AI Assistant

Read More

Related posts

LUNA is outpacing Bitcoin in Beneficial properties: Is it a good time to do away with?

The Crypto News

Is Theta Community token now bullish after double-digit beneficial properties?

The Crypto News

Crypto poses a possibility to the protection of worldwide rate programs, says Starling

The Crypto News

Leave a Comment

Or Login with

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More