The International Space Station is a unique place. It’s where scientists from around the world come to study space, life, and the Earth. It’s also one of the most expensive buildings in the world, costing $100 billion in total . To put that in perspective, the cost of a single ticket to space is around $200 million , and the space station has four times as many people as live on Earth.
After launching the first Falcon 9 in 2006, SpaceX was the first company to routinely send commercial payloads (and eventually people) into space. The company has built a whole business around another new technology: the Internet of Things. When it comes to space, though, the company has been a bit slow to the punch.
While the Ethereum network is famously volatile, that doesn’t stop it from being useful in space — at least that’s what it seems like. According to a post on GitHub by “SpaceX”, the first Ethereum node to reach the International Space Station has already been sent up to the space station.Space transportation and aerospace company SpaceX delivered an Ethereum node to the International Space Station (ISS) yesterday, the SpaceChain Foundation announced on Twitter today. Nexus, a SpaceChain customer, provided the ISS with the necessary deployment solution for the Ethereum node.
Ethereum on the moon?
Singapore-based SpaceChain creates literal blockchain protocols and networks, and offers the space as a service to companies looking to deploy cryptocurrencies or blockchains at scale. And while this may seem like a futuristic joke to some, SpaceChain takes its aspirations seriously. Watch live coverage of the CRS-22 launch in 2 hours with our multi-signal #ETH on board. This will be SpaceChain’s first commercial launch, the company announced in a tweet yesterday. Watch live coverage of the CRS-22 launch in 2 hours with our multi-signal #ETH on board. This will be SpaceChain’s first commercial launch! #BlockChainISShttps://t.co/1gtxSNdnns – SpaceChain Foundation (@SpaceChain) 3. June 2021 The nodes will be installed on the YAM-2 satellite, which will be launched by a SpaceX Falcon 9 rocket as part of the Rideshare program. The mission is led by Loft Orbital, the company said in a statement last week.
Dogecoin, adoption and spatial crypto-currencies
According to technology publication TweakTown, the Ethereum node has been placed on SpaceX’s Falcon 9 rocket, making it the fourth blockchain platform to go into space. This is a demonstration of the integration of Ethereum technology into ISS hardware. But why are you doing this? According to SpaceChain, the Space Node increases the overall security of the Ethereum network by allowing users to use the world’s most widely used blockchain in a truly private, autonomous and unbiased way. Some in the cryptocurrency industry said the launch was the beginning of a broader application of blockchain. SpaceChain is bringing Ethereum multisig into space with SpaceX, with commercial opportunities as a starting point for wider adoption of the blockchain for enterprise and fintech applications, crypto and technology investor Tim Draper said in a tweet. That’s cool. @SpaceChain sends #Ethereum multisig into space with @SpaceX with commercial opportunities as a starting point for broader adoption of blockchain for business and fintech applications. Graduate @draper_u #blockchainISS #newspaceeconomy #draper ecosystem – Tim Draper (@TimDraper) 3. June 2021 Meanwhile, SpaceX’s crypto-currency payloads don’t stop there. Later this month, the company will use its Falcon 9 rocket for another flight to the ISS with three nodes built for cryptocurrency companies Biteeu, Divine and Nexus Inc. But this is nothing compared to what will happen in 2022. SpaceX has signed a contract to transport a payload that the company, owned by Elon Musk, paid for with Dogecoin Memcoin.
Gaining an advantage in the crypto asset market
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