Ethereum Will Hitch A Ride To The International Space Station Next Month, How Are People Not Excited?

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English - May 29, 2021 18:23 - ★★★★★ - 83 ratings
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From a report published on Coindesk, a private firm plans to send up an Ethereum (ETH) node next month to the International Space Station. From the Coindesk article:

The firm said having an Ethereum node in space brings physical security when transacting in crypto assets.

“The security of space infrastructures also ensures the independence of Ethereum contract operation from centralized terrestrial servers, thus providing more efficient smart contract operation and greater application scenarios,” the firm said in a statement.

I’m sorry, I don’t mean to hype anything, but how is the crypto community not way more excited about this AMAZING development? Independence from “terrestrial” networks, even if at first just mostly a PR gimmick or notional capacity, is a huge win for the crypto space and yet another “use case” for the asset class.

Fiat balance data: not backed up independently on the freakin’ space station. ETH, beginning next month, will be.

As I’ve been trying to point out — we got everything we wanted.

Some doubting Thomases theorized cryptocurrency would be outlawed before it ever reached $1 trillion equivalent market capitalization/value. Instead, as of the other day when I last checked, crypto assets were above $1.5 trillion market value in total as an asset class, according to coincap.io data.

Think we need to do a video explaining just how awesome this SpaceChain collaboration with ETH sounds — an Ethereum node on the International Space Station. I mean, c’mon folks. “So you got an Ether node in low Earth orbit, that don’t impress me much,” as Shania Twain might sing. Well, it impresses FULCRUM weekend shift. At least a little.

We’ll post the video explainer to our Vimeo channel once it’s done.

Speaking of video stuff: we are also auctioning off ETH.video, as we don’t think at the rate FULCRUM and The Illuminist are growing we will have the resources to commit to yet another property — thank you all for the huge growth lately on both our sites, we appreciate it. Keep spreading the word. There’s a world to win.