"Designed to be an alternative to Starlink to provide global connectivity without relying on centralised providers or traditional ground infrastructure, Spacecoin is claimed to be the world's first decentralised physical infrastructure network (DePIN) enabled by low-Earth orbit (LEO) satellite constellations. Built to serve as the open protocol for permissionless, global internet connectivity, Spacecoin uses blockchain-enabled nanosatellites to deliver censorship-resistant internet access around the globe, with an initial focus on underserved and remote regions."
"The satellites are owned and operated by STI, which holds the necessary regulatory approvals for satellite operations, and integrated on the mission via Arrow Science and Technology. Spacecoin functions as the underlying protocol that governs the open satellite data network, managing authorisation, authentication and accounting across the decentralised infrastructure. The three CTC-1 satellites follow and take advantage of insights gained from the inaugural CTC-0 mission launched in 2024, which is said to have served as a proof of concept,"
Spacecoin launched three blockchain-enabled nanosatellites (CTC-1) from Vandenberg to build a decentralised physical infrastructure network (DePIN) for global, permissionless internet connectivity. The protocol uses blockchain-enabled nanosatellites to provide censorship-resistant access, focusing on underserved and remote regions. The satellites are owned and operated by STI, integrated via Arrow Science and Technology, with STI holding necessary regulatory approvals. Spacecoin governs authorisation, authentication and accounting across the decentralised satellite data network. CTC-1 builds on CTC-0 (2024), which transmitted an encrypted blockchain message to space and back, demonstrating payload integrity and blockchain operability over space-based links. STI claims issued and pending patents.
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