I wrote an article on something similar awhile ago. Perhaps it is of interest.
https://www.goldsilverbitcoin.com/what-does-it-mean-for-bitcoin-to-be-one-million-years-old/
Topic: Bitcoin can be use by future Mars Inhabitants? - page 4. (Read 5180 times)
Contact mars one they are accepting bitcoin for donations I wonder if they would consider actually trading from mars with bitcoin.
Some day in the future we will have human settlements in Mars can they use bitcoin?
The short answer would be, "Yes." The long answer is that there are already some cryptocurrency users who have thought of this, including the Marscoin Foundation. Interplanetary traders are probably going to insist on taking cryptocurrencies as payment for the sake of convenience and complete lack of patience with Earth-bound banks who want a slice of the pie that they haven't earned. It wouldn't be a long shot to say that those interplanetary traders could be backed by economic strategists who have gotten sick of Earth's insistence on using systems that were outdated before we ever had permanent settlements on Mars.
Seems as though bitcoin might be necessary on mars...
I can not see why this would not be possible if they had access to the internet. More and more companies seems to be jumping on and accepting bitcoin and it can only get better. I am sure it would be a while though before any serious use of bitcoin could happen on Mars if it was to happen.
Bitcoin have the potential to be the universal payment system, if it keeps improving and keeps being accepted by most people.
YES.
It is possible to stabilish a communication link to mars, since the curiosity is sending images to earth.
Just mining and blockchain core will not be suitable, I think. But multibit is ok.
Maybe some modifications to deal with the delay? Like send transactions from time to time by a central autority, so no double spending attempts?
Or addresses that can only be generated by martians?
It is possible to stabilish a communication link to mars, since the curiosity is sending images to earth.
Just mining and blockchain core will not be suitable, I think. But multibit is ok.
Maybe some modifications to deal with the delay? Like send transactions from time to time by a central autority, so no double spending attempts?
Or addresses that can only be generated by martians?
Some day in the future we will have human settlements in Mars can they use bitcoin?
Yeah the people mentioning the time it takes for the information to spread through the solar system (or just Earth-Mars) are right. We can't establish a single cryptocurrency when we have to deal with block times of 10 minutes. That's too short for such distances (also the orphan rate will suffer). Side chains? MarsCoin maybe?
Some day in the future we will have human settlements in Mars can they use bitcoin?
AFAIK Project Mars One accepted Bitcoin. But unless proper internet connectivity is provided, it is not possible to use Bitcoin on Mars.
when distances take say years for a one way light speed communication, bitcoin in its current form dosn't make sense.
maybe clones of 10 minute bitcoin for local star systems will pop up and then you convert between the different bitcoin clones when you travel between star systems
maybe clones of 10 minute bitcoin for local star systems will pop up and then you convert between the different bitcoin clones when you travel between star systems
In theory yes but given the cost of interplanetary transmission and the long latency it is more likely that a separate MarsCoin would develop. Most intra-planetary transactions would only use their respective currencies but I am sure some company would provide gateway and exchange services between the two networks.
Hopefully Marscoin will have more value than Mooncoin.
That would be a pretty awesome thing. I can definitely foresee a form of currency at lease similar to bitcoin as being the main currency by the time we do interplanetary travel. I can also foresee us being wiped out by then, whether it be through war of natural disaster. Also, at current technology it would take that long for an interplanetary transaction, but who's to say we won't be more advanced by then to the extent an interplanetary transaction is faster than google glass?
the limit to mars - earth communication is about 4 minutes
so blockchain will probally split, a mars block chain and an earth blockchain.
the earth miner will have a 4 minute propogation disadvange for a mars miner to find the next block compared to a local earth miner.
then if by accident a mars miner get the next block then it would be hard for a earth miner to get the next block due to a 4 minute delay.
thats just all theory.
so blockchain will probally split, a mars block chain and an earth blockchain.
the earth miner will have a 4 minute propogation disadvange for a mars miner to find the next block compared to a local earth miner.
then if by accident a mars miner get the next block then it would be hard for a earth miner to get the next block due to a 4 minute delay.
thats just all theory.
How awesome would it be sending a BTC to someone on Mars!? Receive potentially millions of dollars from another planet in minutes..
maybe satoshi can code some kind of software for terraforming , after that we can pay in marscoin 
before the mars settlement... mars is the place where the bitcoin foundation funded largest mining facility is located...
read and please contribute to the story line
https://bitcointalksearch.org/topic/bitcoin-short-stories-thread-new-finding-satoshi-668028
read and please contribute to the story line
https://bitcointalksearch.org/topic/bitcoin-short-stories-thread-new-finding-satoshi-668028
I remember something about this. I think it was called Doom 3.
kinda inspiration...
before the mars settlement... mars is the place where the bitcoin foundation funded largest mining facility is located...
read and please contribute to the story line
https://bitcointalksearch.org/topic/bitcoin-short-stories-thread-new-finding-satoshi-668028
read and please contribute to the story line
https://bitcointalksearch.org/topic/bitcoin-short-stories-thread-new-finding-satoshi-668028
I remember something about this. I think it was called Doom 3.
before the mars settlement... mars is the place where the bitcoin foundation funded largest mining facility is located...
read and please contribute to the story line
https://bitcointalksearch.org/topic/bitcoin-short-stories-thread-new-finding-satoshi-668028
read and please contribute to the story line
https://bitcointalksearch.org/topic/bitcoin-short-stories-thread-new-finding-satoshi-668028
the answer already advised.
before the mars settlement... mars is the place where the bitcoin foundation funded largest mining facility is located...
read and please contribute to the story line
https://bitcointalksearch.org/topic/bitcoin-short-stories-thread-new-finding-satoshi-668028
read and please contribute to the story line
https://bitcointalksearch.org/topic/bitcoin-short-stories-thread-new-finding-satoshi-668028
In theory yes but given the cost of interplanetary transmission and the long latency it is more likely that a separate MarsCoin would develop. Most intra-planetary transactions would only use their respective currencies but I am sure some company would provide gateway and exchange services between the two networks.
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