Bitcoin Facts #11 Bitcoin’s Blockchain Is Beamed To The Whole World Via Satellites!

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3 years ago

Bitcoin Facts #11 Bitcoin’s Blockchain Is Beamed To The Whole World Via Satellites!

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Bitcoin’s blockchain is beamed to the whole world via satellites


Blockchain development firm, Blockstream’s Satellite network broadcasts the Bitcoin blockchain around the world 24/7. It provides an alternative method for receiving the Bitcoin blockchain that is not affected by connection failure. This protects users against network interruptions and prevents any full node from becoming isolated or partitioned.


With the service, everyone in any corner of the world, including the estimated four billion people not currently connected to the Internet will have free access to the Bitcoin network. To broadcast a transaction they could send it over an SMS bridge or a mesh network.


How it works?


Blockstream Satellite ground stations, known as "teleports," participate in the Bitcoin network and transmit blocks to geosynchronous satellites.


Geosynchronous satellites, orbiting at an altitude of 35,786 km (22,236 mi), receive the signal from the Blockstream Satellite teleports and broadcast it across a wide portion of the Earth.


Anyone in the coverage area with a small satellite antenna and an inexpensive USB receiver can receive these blocks and ensure that their node is always in sync.


Additionally, each Blockstream Satellite teleport also receive blocks from our other teleports around the world to ensure the teleports themselves do not become partitioned.


The entire Blockstream Satellite network forms a ring around the planet to ensure that the Bitcoin network has full redundancy.


Started in August 15, 2017, Blockstream covered North and South America, Europe, and Africa through 4 leased satellites. On December 17, 2018 Blockstream announced additional coverage of the Asia-Pacific through a new satellite


https://blockstream.com/satellite/


https://cointelegraph.com/news/bitcoin-from-space-blockstream-cso-explains-its-satellite-services


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