RATE Group | Blockstream Launches 5th Satellite Streaming Bitcoin Blockchain From Space
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Blockstream Launches 5th Satellite Streaming Bitcoin Blockchain From Space

18 Dec Blockstream Launches 5th Satellite Streaming Bitcoin Blockchain From Space

Posted at 15:11h in Bitcoin News by

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Blockchain development firm Blockstream has expanded its satellite service and is now broadcasting the Bitcoin (BTC) blockchain to all of Earth’s major land masses, Forbes reported Dec. 17.

The wider coverage — which comes via the addition of a fifth leased satellite — brings potential internet-free Bitcoin transactions and information sharing to crypto users in the Asia Pacific region. The satellite service, still in beta, had hitherto already been available across Africa, Europe, South and North America.

Blockstream has also reportedly launched a new application programming interface (API), which allows lets the satellites be used to exchange encrypted messages and pay for them using micropayments on the Lightning Network. Blockstream CSO Samson Mow contextualized the move, saying, “Bitcoin has always been about uncensorable money, and now we have uncensorable communications as well.”

As Forbes outlines, the ambitious Bitcoin space initiative aims to free crypto usage from…

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