Bitcoin or any other cryptocurrencies functions primarily using the communication between computers. This means that as long as there is a way for communication to be established, Bitcoin can function.
Blockstream may allow Bitcoin to function by the use of satellite but most people wouldn't be able to access it. If people can't be connected to the network to transact, then it is pretty useless for it to exist in the first place. Saying that Bitcoin is fully functional without internet at its current state is quite a stretch.
Topic: Global Internet connection goes down and Bitcoin Network is not affected. - page 2. (Read 337 times)
February 24, 2020, 11:06:42 AM
February 24, 2020, 10:58:37 AM
Yes, You have read it correctly. I am amazed myself, Recently I found out even if the Global Internet connection goes down, Bitcoin Network is not affected at all. Why and How? I just find out this website called Blockstream I am not promoting it whatsoever. They bring bitcoin into space they have this thing called Blockstream Satellite and running 24/7 for free around the world with different satellite every continent. I might be wrong on how I understood it I don't know how true is this but I am excited what is your views and opinions about this?
Source: https://blockstream.com/satellite/#satellite_network-coverage
Source: https://blockstream.com/satellite/#satellite_network-coverage
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