On May 23, SpaceX is to launch 60 Starlink satellites in near-Earth orbit. These satellites are said to provide fast internet access at home.
Overall, SpaceX has announced to launch about 12,000 Starlink satellites by 2027.
However, there were already problems. The launch of these first satellites has already been delayed twice.
Meanwhile, the Bitcoin (BTC) blockchain is already in space. For example, Blockstream Satellite is a set of geosynchronous satellites that provide full bitcoin blockchain to users without Internet access.
SpaceX Satellite Internet
Starlink is not just a satellite, but a set of satellites. Together, it will form a mesh network that theoretically can give people around the world access to the Internet.
The company must meet the deadlines set by the Federal Communications Commission (FCC):
- First, 2200 satellites must launch into near-Earth orbit by April 2024.  Second, by April 2024, 3750 near-Earth satellites must be launched.
- By November 2027, another 3750 must be started.
Elon Musk Founder and CEO of SpaceX announced that 60 Starlink satellites are simultaneously being launched into space. Allegedly, there will be at least a monthly start in the next two years.
Bitcoin Beyond the Internet
Accessing the Bitcoin blockchain over the Internet via a Starlink satellite may seem a bit cumbersome. Fortunately, Blockstream Satelite has already launched satellites that allow users to download the complete Bitcoin blockchain without the Internet.
One limitation, however, is that Blockstream is a company and Blockchain must be used to access Bitcoin's proprietary software and services. Although this could be an obstacle, the blockstream satellite network is already in operation.
Launch of Starlink from Pad 40 in Florida on May 23
– SpaceX (@SpaceX) May 20, 2019
On the other hand, SpaceX has already delayed the launch of Starlink twice. If the delays continue over the next few years, the impact on SpaceX may be impacted by the FCC.
However, on a successful launch, the Starlink satellites can do much more than just provide access to the entire Bitcoin network. It could provide full access to those who do not currently have Internet access. This could greatly improve the lives of many people around the world – but only insofar as the satellites actually launch into space.
Do you think SpaceX will successfully launch its first fleet of Starlink satellites on May 23, or should we expect that? Another delay? Tell us your opinion in the comments below!
Courtesy of Shutterstock, Twitter.