In an era of humanity's cosmic ambitions, bitcoin goes beyond Earth. Engineers José E. Puente and Carlos Puente have developed an innovative system that allows sending bitcoin transactions from Earth to Mars in just three minutes. Their technology, described in a scientific paper, uses the Lightning network for fast transfers and Proof-of-Transit Timestamping (PoTT) technology for interplanetary time stamping.
The main issue with interplanetary payments is signal delay: from 3 to 22 minutes one way due to the distance between planets. Traditional Bitcoin with blocks every 10 minutes cannot cope, causing conflicts in the blockchain. PoTT solves this by 'stamping' transactions through relays: satellites, lunar stations, or optical links from NASA and Starlink. The transaction goes from the user through ground antennas, satellites, and even relays near the Moon, ensuring security and speed.
The system takes into account 'dark periods' when every 26 months Mars hides behind the Sun, blocking communication. The solution is routing through additional satellites. The authors emphasize: Bitcoin is ideal as a neutral currency for an interplanetary civilization, independent of governments or companies. 'If we are serious about colonizing Mars, an open monetary standard is needed,' says Puente.
The technology is ready for prototypes. In 2018, Blockstream connected Bitcoin to terrestrial satellites, and now — a step towards Mars. The future: rent payments on the Red Planet or trade with Earth. $BTC is becoming a space currency!
#BitcoinToMars #SpaceCrypto #BlockchainInnovation #CryptoNews #MarsEconomy
Subscribe to #MiningUpdates to stay updated on mining and crypto innovations!
