Spacecoin Advances Decentralized Internet with Successful Space-Based Blockchain Test
Spacecoin has achieved a significant breakthrough in its mission to create a decentralized communications network that could potentially compete with established satellite internet providers. The company recently confirmed the successful transmission of secured blockchain data through its inaugural demonstration satellite, marking a crucial step toward orbitally-executed encrypted transactions.
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The groundbreaking test involved beaming a blockchain transaction from Chile to Portugal via space, serving as a proof-of-concept for transferring cryptographic signatures and encrypted data through orbital pathways. This validation addresses fundamental questions about space-based decentralized networking capabilities.
Validating the Space-Based Cryptographic Vision
Spacecoin founder Tae Oh emphasized the importance of this milestone in a recent social media announcement. “Can we send cryptographic signatures to space intact? Without it, we cannot build a decentralized network of communications satellites and fulfill the vision of building permissionless connectivity,” Oh stated. “That was the main mission of CTC-0, that we launched December 2024 with SpaceX. And today, I’m glad to share that CTC-0 fulfilled its purpose.”
The successful demonstration, as detailed in the original coverage, confirms that encrypted transactions can maintain integrity when transmitted through space-based systems. This capability forms the foundation for Spacecoin’s ambitious decentralized internet infrastructure.
Building Toward a Decentralized Satellite Constellation
CTC-0 represents the first in a series of prototype satellites that Spacecoin plans to deploy. The small satellite, constructed by Endurosat and launched aboard a Falcon 9 rideshare mission, will be followed by three slightly larger satellites designated as CTC-1. Subsequent spacecraft will feature increased size and enhanced performance capabilities to expand the network’s reach and functionality.
Differentiating from Traditional Satellite Networks
Spacecoin’s approach fundamentally differs from established satellite broadband providers like Starlink, which has deployed over 8,000 satellites and serves millions of customers worldwide. While competitors including Amazon’s Kuiper also position themselves in this emerging market, Spacecoin emphasizes “tokenized access” and decentralization as core differentiators.
The company plans to launch “Starmesh,” an encrypted internet traffic network designed to maintain internet freedom while enabling secure, untraceable browsing and access to decentralized web services. This contrasts with traditional managed broadband networks that operate through centralized control systems.
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Blockchain-Powered Internet Infrastructure
Founded in 2022 as a spin-off from financial services company Gluwa, Spacecoin intends to operate its internet infrastructure on the Creditcoin blockchain. This integration would allow customers to pay internet fees and conduct financial transactions using blockchain technology, creating a seamless ecosystem for decentralized connectivity and financial services.
The company highlights significant advantages over terrestrial networks, stating that “unlike terrestrial networks, which remain vulnerable to outages, censorship, and cost barriers, a decentralized satellite-based system can deliver internet access that is global, censorship-resistant, and independent of monopolies.”
This development represents a meaningful step toward creating alternative internet infrastructure that could provide global access while maintaining principles of decentralization and censorship resistance. As Spacecoin continues to validate its technology and expand its satellite constellation, the potential for blockchain-powered space-based internet moves closer to reality.
