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SpaceChain Claims To Have Signed Outer House’s First Multisig BTC Transaction



In keeping with an announcement printed on August 18, SpaceChain has efficiently demonstrated the primary use of blockchain {hardware} on the Worldwide House Station, or ISS. This feat was made attainable via a collaboration with the European House Company, which seems to have supplied funding, {hardware}, and basic assist to the venture.

The transaction was performed by SpaceChain co-founder and CTO Jeff Garzik, who mentioned that efficiently signing this BTC transaction marks progress towards SpaceChain’s objective of constructing a safe, open supply, and immutable blockchain satellite tv for pc community.

To make the transaction attainable, a floor station transmitted encrypted knowledge to the ISS, the place the {hardware} pockets containing the non-public key signed the transaction. SpaceChain’s experiments are about guaranteeing a sturdy connection between blockchain {hardware} in house and associated infrastructure on Earth.

As Cointelegraph beforehand reported, SpaceChain delivered its {hardware} pockets expertise to the ISS with a SpaceX Falcon 9 rocket on the finish of 2019.



cointelegraph.com

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