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SpaceCoin launches first satellite to build orbital blockchain infrastructure.
The company plans to deploy up to 10 satellites by 2025.
The project promises to improve network security and reliability, as well as create an orbital data center.
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The SpaceCoin startup team has taken the first step in creating a decentralized space network by launching its debut satellite. This marks the beginning of a project to create an orbital blockchain to improve data security.
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The launch took place on December 21, 2024, and the SpaceX Falcon 9 FT Block 5 launch vehicle was directly responsible for the payload. The launch took place from the SLC-4E site, Vandenberg, California.