PLCU Coin: A Crypto Ecosystem Outside Bitcoins Orbit
The last few weeks have witnessed some of the most turbulent times in recent memory for the cryptocurrency industry. Stable coins have been looking, well… not so stable recently, and coin values across the board have been sinking faster than at any time in the past. Although this seems to be the first-time stable coins […]
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When PLC Ultima (PLCU) launched in 2021, who could have predicted this new coin would go on to become one of the world’s most valuable cryptocurrencies with a community of more than one million people across 120 countries around the globe. Moreover, the speed at which PLCU grew its community and attained this valuation is particularly impressive. Within six months of its launch, PLCU had matched the world’s best-known cryptocurrency and in less than a year, sprinted past the leading Bitcoin to become more than twice its value. How PLCU managed to achieve all this was no....
Source: NASA (not actual cubesat). Jeff Garzik, a core bitcoin developer, is looking to launch some small-sized satellites into orbit that will work as Bitcoin nodes, according to CoinDesk. These satellites (also known as cubesats), about 10cm wide on all of its sides, would effectively be launched with larger payloads, so as to not cost hundred of millions of dollars. So how much would it cost? According to Garzik, about $2 million. In orbit, the nodes would serve as additional nodes to the many that already exist on Earth. So it is worth it? Perhaps that's up to Garzik to decide. It's....
One of the biggest misconceptions is Bitcoin is somehow not secure. Critics will point out that exchange failures are some inherent weaknesses in Bitcoin, and that it cannot be trusted as currency. Advocates point out that Bitcoin theft is very low when people manage their own Bitcoins, as creator Satoshi Nakamoto intended. Now, a true innovation is taking Bitcoin into an orbit near you. BitSat can handle Bitcoin's Block Chain in Space. BitSat is the brainchild of Jeff Garzik, founder of Dunvegan Space Systems that will enhance Bitcoin's transactional security, plus the digital currencies....
Late last year, we heard the first plans from bitcoin core developer Jeff Garzik to launch bitcoin mini-satellites into space. Today, we're getting a little more information on the project. Apparently, Mr. Garzik's Dunvegan Space Systems has formed a partnership with Deep Space Industries to built tiny "BitSats" that will broadcast the block chain from earth orbit. The plan? Offer redundancy to the bitcoin network in the event something catastrophic happens down on earth. Smart, don't you think? The plan is still very much coming together, but the idea is to build CubeSats that measure 10....
Stalwart British technology magazine The Register announced in July that it would be launching a second aeronautics project (a follow-up to its first, called PARIS). Tentatively dubbed "LOHAN" (Low Orbit Helium Assisted Navigator), today it was revealed that NXT Coin would be going along with it. The coin's development team has sponsored the project and, as a result, NXT Client will be loaded aboard the spacecraft's Raspberry Pi. While NXT works on projects such as "SuperNET" - "an initiative to use the core NXT technology, supplemented by a range of third party applications to create a....