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BCH $204.81 -4.69%
LINK $8.77 +0.90%
HYPE $56.39 -1.99%
AAVE $86.76 -2.45%
SUI $0.6770 -1.75%
XLM $0.1583 -1.36%
ZEC $486.34 -1.84%

The encrypted satellite company Cryptosat has launched its second encrypted satellite, Crypto2

2023-01-04 08:35:30

ChainCatcher news, according to The Block, the crypto satellite company Cryptosat announced the launch of its second crypto satellite, Crypto2, with the help of SpaceX. Crypto2 is a small satellite about the size of a cup, operating in low Earth orbit, with a computation speed 30 times faster than the company's first satellite, Crypto1, which was launched last May.

ChainCatcher previously reported that Cryptosat aims to provide a physically inaccessible and tamper-proof platform in space, from which blockchain and ledger applications can be launched. In October last year, Cryptosat completed a $3 million seed funding round, led by its co-founders Yonatan Winetraub and Yan Michalevsky, with participation from Protocol Labs, Inflection, GoAhead Ventures, DoraHacks, and others. (source link)

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