Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Topic started by: MOProgress on December 18, 2018, 10:05:55 PM
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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 lets the satellites be used to exchange encrypted messages, with users paying 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 dependency on access to the internet and make the security of the Bitcoin network maximally robust. Blockstream CEO Adam Back told the magazine:
Read more @cointelegraph