SpaceChain August 2020 Monthly Report
ANNOUNCEMENTS
SpaceChain Executes First Multisignature Blockchain Transaction In Space With GomSpace Hardware
We are proud to announce the successful execution of the first multisignature blockchain transaction in space, marking the completion of a significant milestone supported by the European Space Agency (ESA) Space Solutions as a Kick-start Activity. The transaction was performed by SpaceChain co-founder and CTO Jeff Garzik. You can read the full press release here.
In addition, check out what other media sites have to say about us!
- One Small Step for Bitcoin — SpaceChain Secured Transfer From International Space Station
- SpaceChain signs Bitcoin multisig transaction in space
- SpaceChain Creates First Multi-Signature BTC Transaction From International Space Station
COMMUNITY ACTIVITIES
Telegram AMA with CEO Zee Zheng & CTO Jeff Garzik
On Aug 27, SpaceChain CEO Zee Zheng and CTO Jeff Garzik held an AMA on our telegram channel to answer questions from the community. If you missed the AMA, check out the compiled list of Q&A here.
SpaceChain Dec 2019 launch overview video
The SpaceChain team recounts their experiences watching the SpaceX Falcon 9 rocket launch to the International Space Station (ISS) on 5 December 2019. They also share more about SpaceChain’s ISS mission and how they are leveraging decentralised blockchain technology to break down barriers for the development of mutual infrastructure for all. Plus, get more insight into SpaceChain’s multisignature blockchain hardware technology, and how they are using space and satellites to ensure more secure bitcoin transactions.
SpaceChain giveaway
We held a contest giving away some of our SpaceChain swag. Did not manage to win any? Follow us on Twitter and keep a lookout for more contests in the future!
WORTH READING
The Moon, Mars and Beyond: Outer Space Tourism and Converting Water to Fuel
We sat down with SpaceChain CCO Nick Trudgen to dive deeper into his professional background and his push towards the space and blockchain fields. In this interview, Nick tells it all about the development of the blockchain industries and the obstacles surrounding this technology.
The Multisignature Wallet: Shaping the Next Wave of Personal Finance
Have you heard of a multisignature wallet? It has a number of useful applications to being more secure than a conventional single key wallet, making it substantially more difficult for the wallet to be compromised. We give you three reasons why each and every one of you should sign up for one moving forward.
TECHNICAL PROGRESS
Space node software development
- Developed the communication module between Linux OS and SPC OS. The communication module includes the communication protocols, data encapsulation and interface analysis.
- Developed the RSA encryption algorithms and updated the communications protocols. Started joint tests with our partner.
- Completed the software test on our dummy board. The test focused on node initialization and data transmission. We have compressed the new version of space node software and also completed the draft of the revised software deployment manual.
SPC server architecture design
- Developed the RSA encryption of the SPC server interface. The transaction data is now encrypted by RSA algorithm.
- Summarizing documents which will be published on our GitHub.
- Developed communication protocols with the partner’s ground station, including the node initialization and multisignature transaction. Started the joint testing.
- Tested the updated SPC server. We are optimizing these functions and will test these functions with tge partner.
- Solved the issues during the tests of SPC server with the dummy board.
- Discussing the possibility of the new SpaceChain server architecture.
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