Working on a solution that allows Bitcoin transfer with signals from space without the need for the Internet, Blockstream made the transition to the second stage in this solution.
Blockchain technology company Blockstream has completed the first major update of the free satellite service that allows logging into the Bitcoin network using a satellite or computer using signals from space.
Blockstream is hiring signals from third-party satellites to provide fixed network connections to crypto users who do not have access to the Internet or have limited access.
The Canadian-based company announced on Monday that the update of the satellite network service launched in 2017, called Blockstream Satellite 2.0, has ended.
The network is more efficient as it operates with higher transfer speed (bandwidth) and stronger signal. The data capacity has been increased from 120 kbps to about 160 kbps. In addition, the maximum file size capacity for API transitions has been increased from 10 kilobytes to 1 megabyte.
The company statement said:
“Transfer rate (bandwidth); When you combine spectral efficiency, improved FEC coding efficiency and lossless Bitcoin transaction compression, Blockstream Satellite 2.0 has 25 times more data than its first version. ”
The update also removes the system’s dependence on the internet. Users previously had to be connected to the internet to sync their Bitcoins to the full node, but this was no longer necessary as the new update provided all the synchronization in the past. Users can even download the entire Blockchain without being connected to the internet.
Blockstream also announced that it has added a new satellite to the network, thereby expanding its coverage in the Asia-Pacific region.