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Vector, Nexus Join the Space Race With Plans for Satellite-Based Blockchain Network

Space company Vector and blockchain developer Nexus announced a partnership to host Nexus’s decentralized cryptocurrency on a satellite orbiting the Earth, using Vector’s GalacticSky platform.According to the developers, Nexus technology offers improvements over existing blockchain systems like Bitcoin and Ethereum. For example, Nexus featuresSHA-3 cryptography with 571-bit keys, which is beli

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How the Blockstream Satellite Will Drive Bitcoin Adoption: An Interview with Adam Back and Chris Cook

Last week Bitcoin Magazinecovered the announcement of Blockstream Satellite, a new service that broadcasts real-time Bitcoin blockchain data from satellites in space to almost everyone on the planet. Currently Blockstream Satellite covers across two-thirds of the Earth, and service expansions are in the works.“Today’s launch of Blockstream Satellite gives even more people on the planet the cho

Blockstream to Transmit Bitcoin Data to Earth Using Satellite Technology

Fintech Bitcoin protocol firm Blockstream just announced their plan to transmit bitcoin from space across the world using satellite technology. They have leased these satellites for the purposes of downloading a working bitcoin node, which would harbor all of the blockchain’s transaction data. These satellites will potentially give peop

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