Jeff Garzik Announces Partnership to Launch Bitcoin Satellites into Space
23 April, 2014
A partnership to launch satellites broadcasting the bitcoin block chain from space has been announced by bitcoin core developer Jeff Garzik.
Garzik’s Dunvegan Space Systems, in partnership with a company called Deep Space Industries Inc., plans to build satellites called ‘BitSats’ as part of a bitcoin orbital system, providing redundancy to the network.
The non-profit endeavor plans to have a node in space as a backup in case of terrestrial failure for the Bitcoin network.