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Startup’s Plan To Beam Bitcoin Data Around The World Using Satellites

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Bitcoin Data Satellites

There is a lot of secrecy that surrounds Startup Blockstream based in the U.S. back in 2014. Adam Beck is the founder and is famous for his invention of hashcash. This was key to proving the concept of the BTC consensus algorithm.

Over a period of three years it has managed to raise $76 million investors due to it amazing concepts. So far the company has not delivered a single product and the only product to date which is still in its initial stages is “Liquid”.

All was revealed on the 15th of November when the company announce it is developing and building Blockstream Satellites that are capable of beaming Bitcoin Data to every part of the globe.

This is exciting news for the cryptocurrency industry as it means that it will mean that Bitcoin will get around country’s censorship rules where BTC is banned. It will give people all around the world control over their money for the first time without the need for a national banking system. Read more about this story at Forbes by clicking the link below/

Click here to view original web page at Why One Startup’s Plan To Use Satellites To Beam Bitcoin Data Around The World Might Anger China

Daniel

I am the founder of Bitcoin Casino No Deposit Bonus and have been studying concurrency technology since 2013. I have been traveling South East Asia for the last 6 years and am a huge gaming fans that takes part in eSports competitions. I love relaxing on a evening watching the sun set with a cold beer and great music. I also teach other travelers how to become digital nomads so they can become free of the system.