Global No-Internet Bitcoin (BTC) Sending and Receiving Becomes a Reality with Blockstream Satellite
After the first phase of the project, Blockstream Satellite covered Europe, Africa, and South and North America, now updating the public on the second phase of the project development that should bring ultimate coverage for offline Bitcoin transactions.
The idea is to enable sending and receiving of the top cryptocurrency units, BTC, without having access to internet connection.
The confirmation on the successful launch of the service related to the satellite covering Pacific Area was released in the official blog post by Blockstream representatives several days ago, on December 17th.
The team behind the company stated that Blockstream API should become available at the very beginning of 2019.
Sending and Receiving Bitcoin Offline Anywhere in the World
Blockstream company launched the Bitcoin Satellite service back in August 2017 providing a handy service of transacting Bitcoin units even without the internet connection.
The project is set to demonstrate the power of constant availability of Bitcoin transactions anywhere in the world based on the communication between Bitcoin network and Earth-based stations that provide coverage through satellites orbiting around the planet.
The team most recently announced a successful launching of a new service through Blockstream Satellites providing coverage for yet another area in the world where Bitcoin can be transacted without interruptions or delay.
Previously, the company launched the service across five different satellites where Galaxy 18 is covering North America, Eutelsat 113 is providing BTC transactions for South America, Telstar 11N is enabling the service in Africa with another vertical Telstar 11N covering Europe, and Telstar 18V is due to allow no-internet transactions in Asia.
The main idea is to enhance the availability of Bitcoin transactions by removing the necessity of a stable internet connection, which means that sending and receiving BTC is thus made available anywhere around the globe for 24 hours per week.
API to Become Available for Users by January 2018
As stated by the project developers in the blog post published on December 17th with the announcement of the Pacific area coverage, the API that Blockstream designed for the purpose of offline Bitcoin transactions is said to become available by January 2019.
As stated by Chris Cook, the head of the Blockstream Satellite, the project should finally enable devs around the globe to implement satellite communication into their apps.
What users are required at the present in order to be able to use this powerful service that diminishes service interruptions and enables privacy, is a simple USB receiver or a small-capacity satellite antenna.
As stated in the Blockstream blog post, the second phase covering Asia-Pacific area is said to grant free access to Bitcoin satellite-based transactions for some of the most populated areas in the world, also announcing that the upcoming expansion with API will grant sending and receiving encrypted messages to anyone, anywhere in the world.
The broadcasting data would be paid for through the Lightning Network as Blockstream is known to be one of the proponents for Lightning Network implementations.[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section]