Spacecoin XYZ has taken its first step in launching its extra-terrestrial decentralized physical infrastructure network.
Spacecoin XYZ has launched its first-ever satellite into orbit, marking the project’s first step toward bringing a fleet of satellites online that would allow blockchain networks to be secured in outer space.
Speaking to Cointelegraph, Spacecoin XYZ co-founder Daniel Bar said the first officially standardized satellite was the first major milestone in bringing the “Spacecoin layer” online in Earth’s orbit.
The satellite was launched as part of SpaceX Falcon Heavy, which lifted off at 3:34 am local time in California on Dec. 21.