The cryptographic currency broke last record with $ 4449 and generated 600% return in the past year; Blockstream will enable access to mining and currency trading through a satellite network that covers the Earth
Adjectives related to aerospace and aerospace are recently used to describe the rise of bitcoin. Now the space context may be realistic: BlockStream plans to make digital registration accessible on a cryptographic basis via a satellite signal so that people who do not have access Internet, or where access is expensive, will be able to trade in Bitcoin and mine it. BlockStream also claims that the service will increase the reliability of the blockchain data blocker in the event of a disruption of the Internet.
Bitcoin has jumped more than 50% since the beginning of the month. The plan to transfer some of the data from the central network was activated last week in order to speed up the execution of trading orders and expand access to it, and optimism is proud. The price climbed to a record $ 4,449 on Tuesday before retreating.
"The more users are accessing Bitcoin's Blockchain with the free broadcast of BlockStream's satellite, the global approach will result in more widespread adoption and use of the currency, and will strengthen the entire network," said blockbuster founder Adam Beck by e-mail.
Ground stations called teleportes will broadcast Bitcoin's public blockchain data to satellites on the Web, which will transmit data in turn to large areas of Earth, the company said. The network now contains three satellites covering Africa, Europe, South and North America. By the end of 2017 Blocksters expects to reach all the inhabitants of the planet.
In the past year, Bitcoin recorded a 604% return, while the S & P 500 index rose 13%.
