While Elon Musk’s current tweets have actually sent out the crypto market into a recession, his business SpaceX has actually worked together with SpaceChain to send out an Ethereum node to the International Spaceport Station.
The objective is taking place as part of a collaboration with SpaceChain, a platform that concentrates on incorporating blockchain innovation in area.
In a Friday post, SpaceChain verified that an Ethereum node had actually started its flight on a SpaceX Falcon 9 rocket. Zee Zhang, SpaceChain’s co-founder and CEO, stated of the upgrade:
” We are delighted in bringing the Ethereum platform to area and verifying why a decentralized satellite facilities developed with area innovations is essential to understanding the complete capacity of blockchain applications.”
When set up, checked and triggered, the area node will allow SpaceChain clients to even more improve their blockchain abilities for enterprise service and fintech applications, and carry out extremely safe on-orbit Ethereum multisignature deal services, with information uplinked and downlinked straight through a devoted area encrypted interaction network.
While some have actually hypothesized that SpaceX assisting in an Ethereum node’s launch into area might be an indication that Musk is turning his attention to the second-ranked blockchain, his current Twitter activity has actually been more concentrated on Bitcoin and Dogecoin in current months.