Cryptosat launches second ‘cryptographically-equipped’ satellite using SpaceX rocket

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The satellite constellation was added as part of efforts to make space a new battlefield in the quest to bulletproof cryptography by increasing computational power. News Ho-hoo! Get Limited Holiday Trait!Collect this article as an NFTThe company behind a crypto-satellite module launched in May has announced an additional piece of its blockchain-related infrastructure went into Earth orbit.According to a Jan. 3 announcement, one of SpaceX’s Falcon 9 launch vehicles carried a “cryptographically-equipped” Cryptosat satellite — called Crypto2 — into orbit on Jan. 3. The firm added Crypto2 to its satellite constellation as part of its efforts to make space a “new battlefield in the quest to bulletproof cryptography.” The launch of Crypto2 gave Cryptosat more availability and a more powerful spec to support growing use cases in its development pipeline,” Yonatan Winetraub, Cryptosat cofounder, said. Winetraub also said that the satellite was capable of generating a cryptographic key-pair and releasing a private key after a specified time to prevent “premature decryption”. The satellite was also capable of generating a cryptographic keys-pair and releasing it after a certain amount of time to prevent “premature encryption”. SpaceX launched the module as part its Transporter 6 mission. It lifted off from Cape Canaveral Space Force Station at 14.56 UTC on January 3. The Falcon 9 rocket carried the Cryptosat payload and 114 satellites into orbit for different operators around the world. SpaceX Transporter-6 Mission launch Jan. Source: YouTubeCointelegraph reported May that Crypto1 — the first satellite Cryptosat to be launched — was designed to facilitate blockchain applications by providing an unreachable, tamper-proof platform. The technology behind this satellite was previously tested on the International Space Station (ISS). In May, Cryptosat cofounder Yan Michalevsky stated that there was a lot of demand for the technology. “If we look into protocols, especially Web3, there are whole financial and smart contract systems. These digital legal agreements depend on the trustworthiness cryptography behind them. “Related”: Bitcoin in space is good to user privacy, says Adam BackOther private cryptocurrency firms like SpaceChain or Blockstream have turned space into a solution for blockchain validation and multisignature wallets. They also offer verifiable time delay functions and verifiable times-delay functions. SpaceChain sent tech in 2019 to the ISS with the purpose of proving receipt, authorization, and retransmission blockchain-based transactions. A crypto user from Brazil used Blockstream’s satellite network for Bitcoin (BTC), to establish a node in lEarth orbit.

 

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