Eth 2.0 deposits hit a record high last month, and now the first Ethereum node has launched into outer space where it now resides aboard the ISS.
The experiment was to trial payments for the internet of things in a "fully decentralized way," said Umar Farooq.
U.K.-based SpaceChain beat 13 other national applicants to secure the funding.
Villanova’s project is slated for liftoff on Nov. 20 from the Vandenberg Air Force Base in California.
Blockchain startup SpaceChain won a 60K euro grant from the European Space Agency to investigate use-cases for their satellite-based wallet system.
An ambitious plan to launch bitcoin-enabled microsatellites has taken a step forward with a new business deal.
Xapo aims to bolster its security offerings by locating elements of its security architecture within a low Earth orbit satellite.
The non-profit endeavor plans to have a backup node in space in case the Bitcoin network fails.
Jeff Garzik's space nodes would 'provide stability for block chain data' and 'limit attacks on the network'.