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Spacecoin beams blockchain transaction through space in bid for decentralizedinternet
Spacecoin has successfully transmitted a blockchain transaction via its CTC-0 satellite, demonstrating the potential for decentralized internet communications. This achievement marks a significant step towards creating a network that could rival SpaceX’s Starlink. The company aims to ensure encrypted, untraceable internet access through its forthcoming 'Starmesh' network, targeting global censorship resistance and independence from major service providers.
Key points
- Spacecoin transmitted secured data via its first demonstration satellite, CTC-0.
- The transmission occurred from Chile to Portugal, validating encrypted transactions in orbit.
- Spacecoin's approach contrasts with Starlink, focusing on tokenized access rather than managed broadband.
- CTC-0 was launched in December 2024 and is the first in a series of satellites to be developed.
- The company plans to launch CTC-1 satellites, building towards larger spacecraft for enhanced performance.
- Spacecoin aims to create the 'Starmesh' network for safe, untraceable internet access, ensuring global connectivity.
Why it matters
- In 2025, the demand for decentralized internet services is expected to grow amidst concerns over data privacy and censorship.
- Historical competition between satellite internet providers has intensified as new players emerge with innovative technologies.
- The blockchain technology landscape is heading towards more decentralized applications, resonating with other tech trends in 2025.
Spacecoin's successful blockchain satellite transmission marks a pivotal moment in the push for decentralized internet solutions, potentially transforming global connectivity and challenging established networks like Starlink.