Bitcoin satellite? - page 2. | Bitcointalksearch.org

italianMiner72

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Quote from: raymond541 on August 15, 2017, 03:23:58 PM

italianMiner72,I read through link there have nothing details how send or received and broadcast transactions.
I think all wallet will connected with satellite send or received and broadcast transactions.this feature will make bitcoin more popular.

usually this kind of communications [satellite between end user and broadcast entwork] are one way only.
but bitcoin need to receive and trasmit.
i have read link and i see who they have nothing details how to broadcast transactions.
I wil aprreciate if they will give us more info about this "LITTLE" detail.

L00n3y

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Quote from: audaciousbeing on August 15, 2017, 03:44:31 PM

Quote from: the_poet on August 15, 2017, 02:13:40 PM

It looks like Blockstream is launching a satellite that will make it possible to use Bitcoin without the need of an internet connection.

https://blockstream.com/2017/08/15/announcing-blockstream-satellite.html

After going through the article, I cannot but commend such initiative because it plans to cater quite an amount of the untapped population which is something I see as good news and the time those people are brought into the cryto net, the moon will be the starting point for the crypto world especially bitcoin. Aside that, the article also dwell on several happenings around the world to even further make a case for the penetration of bitcoin.

The need of internet connection to some places, especially in provinces and islands that don't have an internet connection is a hindrance to bitcoins full potential to make it as a legit currency. Having an independent satellite is good but we must know that this will require a very big budget ( maintenance and for launching the satellite ) and this will even make it prone for missile attacts and terrorism's. If they're going to lauch some satellite, they must back up the server here on the ground.

bitcoinmaniac52

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Presale is live!

One more step forward toward making Bitcoin the currency/money of the future. Thank you, Blockstream!

audaciousbeing

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Quote from: the_poet on August 15, 2017, 02:13:40 PM

It looks like Blockstream is launching a satellite that will make it possible to use Bitcoin without the need of an internet connection.

https://blockstream.com/2017/08/15/announcing-blockstream-satellite.html

After going through the article, I cannot but commend such initiative because it plans to cater quite an amount of the untapped population which is something I see as good news and the time those people are brought into the cryto net, the moon will be the starting point for the crypto world especially bitcoin. Aside that, the article also dwell on several happenings around the world to even further make a case for the penetration of bitcoin.

HabBear

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You still need to access the internet, they're just providing that access for free and it'll probably only be open to bitcoin transactions. They need to be connected to the Blockchain, which if it were taken off the internet would end the whole system (or at least the fundamental point of having an open and free money system).

Blockstream doesn't own the blockchain, they're just providing free access to the internet so no one has to pay an internet service provider for that access.

Let's keep the facts straight!

And do we care about people who don't have access to the internet having access to the blockchain if they only have dust to transact? Right now they can't even afford the transaction fees!

raymond541

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Quote from: italianMiner72 on August 15, 2017, 02:48:09 PM

Quote from: the_poet on August 15, 2017, 02:13:40 PM

It looks like Blockstream is launching a satellite that will make it possible to use Bitcoin without the need of an internet connection.

https://blockstream.com/2017/08/15/announcing-blockstream-satellite.html

the idea seems great...
but you know who satellite was just "one way" communications???
so, how to spend your bitcoins and how to broadcast your transactions??

yeah the Idea is great.if this can be possible then so many will people will interact with bitcoin.
italianMiner72,I read through link there have nothing details how send or received and broadcast transactions.
I think all wallet will connected with satellite send or received and broadcast transactions.this feature will make bitcoin more popular.

Turk Ace

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That's pretty cool. How does it work without an internet connection though ?

liuqi

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LuckyB.it is Back!

Quote from: the_poet on August 15, 2017, 02:13:40 PM

It looks like Blockstream is launching a satellite that will make it possible to use Bitcoin without the need of an internet connection.

https://blockstream.com/2017/08/15/announcing-blockstream-satellite.html

This is quite impressive to me and feel great to be part of world's upcoming money usage system. They launched the satellite for bitcoin only this will reduce the block issues.
I expect fortune 500 companies to invest on bitcoin and blockchain technology business. That will provide the impact and great move on bitcoin.

italianMiner72

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Quote from: the_poet on August 15, 2017, 02:13:40 PM

It looks like Blockstream is launching a satellite that will make it possible to use Bitcoin without the need of an internet connection.

https://blockstream.com/2017/08/15/announcing-blockstream-satellite.html

the idea seems great...
but you know who satellite was just "one way" communications???
so, how to spend your bitcoins and how to broadcast your transactions??

Emoclaw

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Quote from: BittyBatty on August 15, 2017, 02:24:04 PM

Good. And again, who is blockstream and the reason for this selfless help?

btw, great way to capture entire BTC traffic Cry

cough NSA cough

Blockstream is a company that employs several Bitcoin Core developers?

Also what are you even talking about? All Bitcoin transactions are recorded in the blockchain. What will the NSA "capture" exactly? Everything is already public.

BittyBatty

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Good. And again, who is blockstream and the reason for this selfless help?

btw, great way to capture entire BTC traffic Cry

cough NSA cough

the_poet

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Bitcoin accepted here

It looks like Blockstream is launching a satellite that will make it possible to use Bitcoin without the need of an internet connection.

https://blockstream.com/2017/08/15/announcing-blockstream-satellite.html

Topic: Bitcoin satellite? - page 2. (Read 847 times)