Developer Wants to Launch Bitcoin Nodes into Orbit

Jayanand Sagar | December 6, 2013 | 11:59 am

Developer Wants to Launch Bitcoin Nodes into Orbit

Jayanand Sagar | December 6, 2013 | 11:59 am
Nasa Satellite

Source: NASA (not actual cubesat)

Jeff Garzik, a core bitcoin developer, is looking to launch some small-sized satellites into orbit that will work as Bitcoin nodes, according to CoinDesk. These satellites (also known as cubesats), about 10cm wide on all of its sides, would effectively be launched with larger payloads, so as to not cost hundred of millions of dollars.

So how much would it cost? According to Garzik, about $2 million. In orbit, the nodes would serve as additional nodes to the many that already exist on Earth.

So it is worth it? Perhaps that’s up to Garzik to decide. It’s certainly an interesting concept, though. What do you think?

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