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SpaceX rocket launches first cryptosatellite into space

May 27, 2022
Reading Time: 4 mins read
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spacex

Cryptosat launched the first cryptosatellite into low-Earth orbit via rocket SpaceX.

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***

  • Falcon 9 de SpaceX launched Crypto1 from Space Florida.
  • The cryptosatellite is the size of a coffee cup.
  • It would be the first independent crypto satellite.

A tiny cryptosatellite, about the size of a coffee cup, arrived in low Earth orbit carrying Blockchain a distributed ledger system. A sequence of blocks, or units of digital information, stored consecutively in a public database. The basis for cryptocurrencies. al espacio.

Cryptosat launchedCrypto1, a cryptosatellite module, from Space Florida on Wednesday aboard a rocket. Falcon 9 for the mission Transport 5 de SpaceX, marking a milestone in technology Blockchain en el espacio.

This is how he showed it Cryptosat in redes:

https://t.co/zZyb8lpHCw

— Cryptosat (@cryptosat) May 25, 2022

“We are pleased to confirm the successful launch of the ION Satellite Carrier aboard the ION mission. @SpaceX Transporter-5. Falcon 9 lifted off at 02:35:41 p.m. ET from SLC-40 at Cape Canaveral. ION was successfully deployed in a 525-km SSO”.

We are happy to confirm the successful launch of ION Satellite Carrier aboard @SpaceX Transporter-5 mission. The Falcon 9 lifted off at 02:35:41p.m ET from SLC-40 at Cape Canaveral. ION was successfully deployed into a 525km SSO
Read the press release????https://t.co/r4nfCtf0p2 pic.twitter.com/qiNO189eiS

— D-Orbit (@D_Orbit) May 25, 2022

Cryptosat and crypto satellites

Cryptosat has a mission to build satellites that power crypto applications, Blockchain y de contabilidad. “Creemos que los satélites poseen propiedades únicas que los hacen muy adecuados para estas tareas y, al lanzar estas plataformas al espacio, podemos desbloquear nuevas y emocionantes oportunidades en el ámbito de la informática”, the company said.

“ We’re basically joining the Uber of spaceflight.” said Yonatan Winetraub, co-founder of Cryptosat. “They all go into the same orbit, and we’re one of the passengers.”

He added:

“SpaceX launched a bunch of satellites, each one of them is doing a different thing. It doesn’t matter for our service. We hope to use our satellite to provide cryptographic services to our customers here on Earth, which won’t interfere with the other satellites at all.”

“Working with a space asset is not the same as working here on Earth.” , dijo Yan Mikhalevsky the Cryptosat. “On the ground, if something goes wrong, it just opens a terminal and debugs it. When it happens in space, it’s not always available.”

First independent crypto satellite

The satelliteCrypto1 is a small module (the size of a coffee cup or baseball) created from off-the-shelf parts. In the space, it will provide a physically unreachable, tamper-proof platform a place to buy, sell and store cryptocurrency from which blockchain and ledger a record of financial transactions that cannot be changed, only appended with new transactions. applications can be launched.

Michalevsky said the launch will mark the first independent cryptographic system. “that doesn’t depend on other satellites from other companies.” And the company expects to establish zero-knowledge proof protocols in the future.

In that regard, Michalevsky said one of the most exciting applications for the module is establishing zero-knowledge proof protocols, which he says are most often used for uses such as voting in a decentralized decentralization refers to the property of a system in which nodes or actors work in concert in a distributed fashion to achieve a common goal. autonomous organization ( DAO) to make decisions without exposing people’s votes.

Other applications for the module include the possible deployment of a full blockchain, having the ledger out of the reach of attackers could mean that cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. could become a relic of the past, as it would theoretically no longer need decentralization the handover of control from a central authority to several different custodians. across multiple validators.

He also explained that space communication would be done via radio frequency, which would make the systems out of reach of hackers operating from Earth.

“Another feature that’s unique is that because the communication is over a radio frequency, you can’t really hide and make an attack.” Winetraub explained.

Michalevsky agregó: “There’s a lot of need for this. If you look at protocols, especially in Web3, there are whole financial systems and smart contract in traditional finance, a contract is a binding agreement between two parties. In cryptocurrencies, smart contracts execute functions on the blockchain. systems, sort of digital digital technologies are these electronic tools that have the ability to generate, store or even process data. legal agreements that depend on the reliability of the cryptography a field of study and practice to secure information, preventing third parties from reading information to which they are not privy. behind them.”

Sources: Twitter, Beincrypto , The Times Hub , Interesting Engineering , Communicated , archivo

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