RATE Group | Blockstream’s Satellite Network Now 25X Faster
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Blockstream’s Satellite Network Now 25X Faster

06 May Blockstream’s Satellite Network Now 25X Faster

Posted at 03:06h in Bitcoin News by

Blockstream has just upgraded their satellite network that carries the Bitcoin blockchain for the first time in almost two years. The data rate is now 25 times faster and users can sync an entire node without connecting to the web.

The Blockstream satellite service provides internet-free Bitcoin (BTC) transactions and information sharing to crypto users in nearly every corner of the world. The company has leased six geostationary satellites which are used to broadcast the blockchain to Africa, Europe, South and North America, and the Asia Pacific region.

According to a May 4 announcement on the company website, the Canada-based blockchain company’s Blockstream Satellite 2.0 includes a standards-based transmission protocol, more bandwidth, additional coverage areas, and “the ability to sync a Bitcoin full node all the way from the genesis block up to today.”

The entire history of BTC beamed from space

The announcement said:

“Instead of requiring users to connect their Bitcoin…

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