A MINI-SATELLITE IN EARTH ORBIT WILL SEND BITCOINS TO ENTHUSIASTS WHO ARE IN THE SPACE

A team of students from Idaho launched a mini-satellite that will send bitcoins from orbit to enthusiasts who are in the space.

The project of students from Idaho DaVinci became the only project chosen to participate in the CubeSat Space NASA mission in 2016. Since then, students have worked to build a satellite and raise funds to cover additional costs. The most basic part of the grant, about $2 million, covers the launch of the rocket into space with the help of equipment for the launch of mini-satellites from the American company Rocket Lab.

Once the satellite is in earth orbit, the team will be able to receive and send messages using Morse code, using the Globalstar system, to interact with enthusiasts in the space.

From earth orbit, the satellite will send to Earth mini-transactions in cryptocurrencies that will be intercepted by space enthusiasts. Thus, the DaVinci project will be one of the first to carry out Bitcoin transactions from the space. Such a project can increase public interest in the space industry.

Blockchain technologies will soon begin to explore space at a serious pace: for example, NASA has launched a research project in which the Ethereum smart-contract technology is planned to be used for automated maneuvering of space technology while avoiding space debris.