Brazil launches bitcoin satellite node
However, this connection method has limitations — it can only be used to download data, but not to send it back to the network
14.07.2022 - 09:00
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What’s new? Alessandro Cecere, product manager at Ledn, a crypto platform based in Brazil, has connected a bitcoin satellite node. According to Cointelegraph, this node downloads blockchain directly from the Blockstream satellite network. With this technology, anyone can download the full node to their device without an Internet connection.
A node checks the confirmed blocks and transmits them to neighboring nodes. It also transmits information about new (unconfirmed) transactions that users have just sent to the network.
What is known about the technology? Cecere connected to a Blockstream satellite after internet provider DirecTV left Brazil. He added:
“I recycled a dish that DirecTV had installed at my parent’s house more than 10 years ago and turned it into an access point to the most powerful monetary network on Earth.”
Miner believes that full satellite nodes are the next step toward further decentralization of the Bitcoin network. However, Cecere noted that this connection method has limitations — it can only be used to download data, but not to send it back to the network.
In January, SpaceX launched a SpaceChain satellite with the Velas blockchain node into space. In May, SpaceX launched the world’s first nanosatellite, called Crypto1, to connect blockchain networks and other Web 3.0 protocols into Earth orbit.
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