{"id":19789,"date":"2024-12-22T13:57:37","date_gmt":"2024-12-22T11:57:37","guid":{"rendered":"https:\/\/forklog.com\/en\/spacecoin-launches-first-satellite-for-blockchain-network-in-space\/"},"modified":"2024-12-22T13:57:37","modified_gmt":"2024-12-22T11:57:37","slug":"spacecoin-launches-first-satellite-for-blockchain-network-in-space","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/spacecoin-launches-first-satellite-for-blockchain-network-in-space\/","title":{"rendered":"Spacecoin Launches First Satellite for Blockchain Network in Space"},"content":{"rendered":"<p>The Spacecoin project team has announced the launch of a satellite designed to secure blockchain protocols in outer space.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">?Announcement ?\ufe0f<a href=\"https:\/\/twitter.com\/Spacecoin_xyz?ref_src=twsrc%5Etfw\">@Spacecoin_xyz<\/a> genesis launch nodes into orbit aboard <a href=\"https:\/\/twitter.com\/SpaceX?ref_src=twsrc%5Etfw\">@SpaceX<\/a> Falcon 9 Bandwagon 2 mission ? <a href=\"https:\/\/t.co\/xPiD8Y1naK\">pic.twitter.com\/xPiD8Y1naK<\/a><\/p>\n<p>\u2014 Spacecoin \u2014 Orbital Root of Trust (@Spacecoin_xyz) <a href=\"https:\/\/twitter.com\/Spacecoin_xyz\/status\/1870526365038158050?ref_src=twsrc%5Etfw\">December 21, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In an interview with <a href=\"https:\/\/cointelegraph.com\/news\/spacecoin-xyz-launches-first-satellite-in-outer-space-blockchain-network\" title=\"\">Cointelegraph<\/a>, company co-founder Daniel Barr described the first officially standardized satellite as a significant milestone in deploying the &#8220;Spacecoin layer&#8221; into Earth&#8217;s orbit.<\/p>\n<p>The device was launched aboard a SpaceX Falcon Heavy rocket, which took off from California, USA, on December 21. According to Barr, the company plans to gradually establish a &#8220;constellation&#8221; of seven to ten spacecraft by 2025.<\/p>\n<p>This number of satellites will be sufficient to ensure the operation and launch of the main Spacecoin network, explained a project representative.<\/p>\n<p>The space node itself consists of two small devices about the size of a laptop hard drive, which Barr refers to as &#8220;crypto engines,&#8221; along with a data module.<\/p>\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/0193e22b-db77-7418-9184-a458ab1fa3c0-1024x768.jpg\" alt=\"0193e22b-db77-7418-9184-a458ab1fa3c0\" class=\"wp-image-248395\" style=\"width:488px;height:auto\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/0193e22b-db77-7418-9184-a458ab1fa3c0-1024x768.jpg 1024w, https:\/\/forklog.com\/wp-content\/uploads\/0193e22b-db77-7418-9184-a458ab1fa3c0-300x225.jpg 300w, https:\/\/forklog.com\/wp-content\/uploads\/0193e22b-db77-7418-9184-a458ab1fa3c0-768x576.jpg 768w, https:\/\/forklog.com\/wp-content\/uploads\/0193e22b-db77-7418-9184-a458ab1fa3c0.jpg 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: Cointelegraph.<\/figcaption><\/figure>\n<p>Spacecoin positions itself as a large-scale <a href=\"https:\/\/forklog.com\/en\/news\/tokens-for-noise-and-a-web3-alternative-to-google-maps-the-most-interesting-depin-projects\">DePIN<\/a> project for an extraterrestrial blockchain backup layer and a marketplace for &#8220;celestial services.&#8221; Initially, the main goal is to create a space data center providing an &#8220;unattainable level of security on Earth.&#8221;<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Think of it as a reliable hardware platform that is truly leak-proof. No one can interfere with the satellite&#8217;s software, not even us,&#8221; explained Dalia Malhi, a computer science professor at the University of California, Santa Barbara, and a Spacecoin consultant.<\/p>\n<\/blockquote>\n<p>According to the project&#8217;s <a href=\"https:\/\/github.com\/spacecoinxyz\/research\/blob\/main\/publications\/Blue-Paper-Spacecoinxyz.pdf\" title=\"\">Blue Paper<\/a>, the solution creates a new first-level network architecture deployed in space with support for L2 state networks located on Earth. The space layer is called the Celestial Chain, while the second is the Uncelestial network.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Network-1-1024x576.jpg\" alt=\"Network-1\" class=\"wp-image-248396\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/Network-1-1024x576.jpg 1024w, https:\/\/forklog.com\/wp-content\/uploads\/Network-1-300x169.jpg 300w, https:\/\/forklog.com\/wp-content\/uploads\/Network-1-768x432.jpg 768w, https:\/\/forklog.com\/wp-content\/uploads\/Network-1-1536x864.jpg 1536w, https:\/\/forklog.com\/wp-content\/uploads\/Network-1-2048x1152.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: Spacechain.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;The Celestial Chain is the ultimate authority. Ultimately, it records an immutable history that may outlast us here on Earth,&#8221; Malhi emphasized.<\/p>\n<\/blockquote>\n<p>Back in February, Geometric Energy Corporation rebooked a <a href=\"https:\/\/forklog.com\/en\/news\/spacex-accepts-dogecoin-payment-for-launching-doge-1-satellite\">launch<\/a> with SpaceX for the DOGE-1 satellite to the Moon. The flight was fully paid for with the cryptocurrency Dogecoin.<\/p>\n<p>Previously, another space mission by the DOGE community ended in <a href=\"https:\/\/forklog.com\/en\/news\/bitmexs-lunar-bitcoin-mission-faces-potential-failure\">failure<\/a> \u2014 the attempt to send a physical wallet with the meme coin to the Moon. The initiative was part of Astrobotic&#8217;s Peregrine Mission One project.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Spacecoin project team has announced the launch of a satellite designed to secure blockchain protocols in outer space. ?Announcement ?\ufe0f@Spacecoin_xyz genesis launch nodes into orbit aboard @SpaceX Falcon 9 Bandwagon 2 mission ? pic.twitter.com\/xPiD8Y1naK \u2014 Spacecoin \u2014 Orbital Root of Trust (@Spacecoin_xyz) December 21, 2024 In an interview with Cointelegraph, company co-founder Daniel Barr [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19788,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[25,1628,1170],"class_list":["post-19789","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blockchain","tag-depin","tag-space"],"aioseo_notices":[],"amp_enabled":true,"views":"108","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/19789","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=19789"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/19789\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/19788"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=19789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=19789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=19789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}