
“Developer Jeff Garzik plans to launch several tiny satellites into space which will serve as a node on the bitcoin network. Historically, it has cost tens or hundreds of millions to launch satellites into space, but a new generation of privately-funded, bootstrapped satellite services has changed all that. Garzik’s project involves building ‘cubesats’, which are standard, small-sized satellites, typically measuring 10cm on all sides. These satellites can be launched into space cheaply by piggybacking on other payloads. Garzik estimates that it would cost just $2m to get one into orbit. Once in space, it would serve as an alternative way to distribute block chain data.”
http://www.coindesk.com/core-developer-bitcoin-node-space/
Related posts:
Florida man arrested for ‘molesting a manatee’
FEMA caught using old flood map data that cost homeowners untold extra insurance premiums
Bitcoin: A Primer for Policymakers
US Army grants $3 million for anti-suicide nasal spray research
Cop Threatens, Acts Immature After being Caught Breaking Oath
Internal Revenue Code severely punishes (other) countries which impose extraterritorial taxation
'Don't Shoot My Dog' Laws Proposed
The Government's War on Ladies Who Drive You Home from the Hospital
Gold ETFs in India touch 40 tonne (40,000 kilo)
Analysis Of National Data Finds No Benefit To Red Light Cameras
Protester crashes Syria hearing: ‘The American people do not want this’
Playing The Surge In Precious Metals, II
NYPD drags 48-year-old naked woman into hallway as neighbors protest
Mitt Romney's Foreign Policy Adviser: PEU & Biden Partner
ACLU Seeks GPS Spying Documents From FBI