This week, SpaceX will launch an Ethereum (ETH) node to the International Space Station (ISS), marking the first time an ETH node has been launched into space.
SpaceX has been hired by SpaceChain to deliver cargo to the International Space Station. The launch of the ETH node aboard the ISS will be the company's fourth blockchain payload to enter orbit, according to SpaceChain. It will serve as a "demonstration of the integration of Ethereum technology with its hardware on the ISS."
The ETH node will be deployed on the International Space Station, and the security of the installations, according to SpaceChain, will be critical in keeping the ETH node network secure. The ISS installation solution for the ETH node will be provided by Nexus Inc, a SpaceChain client. The launch of the ETH node is set for June 3, 2021.
This is simply the latest example of the crypto industry's lengthy infatuation with space flight. According to CoinDesk, UMA and Opium partnered up earlier this week to provide decentralized insurance coverage for SpaceX launches.
SpaceX to Bring First Ever ETH Node to International Space Station
Elon Musk said per TweakTown that SpaceX would use its Falcon 9 rocket to deliver the first Ethereum node to the International Space Station. When SpaceX's plane takes off, it will be SpaceChain's fourth blockchain payload to reach orbit.
However, this will be the first demonstration of Ethereum's incorporation with the International Space Station's hardware. Nexus Incorporated will join SpaceX and SpaceChain in addition to SpaceX and SpaceChain.
This SpaceChain client is in charge of supplying the first ETH node with an ISS installation solution. Meanwhile, Elon Musk's SpaceX and SpaceChain detailed how they want to secure the forthcoming ETH node.
SpaceX, SpaceChain To Keep ETH Node Safe By Adding Security Installations
After the first ETH node is successfully placed in the International Space Station, SpaceChain plans to release various security installations to keep the new ETH node's network safe in space.
Explica earlier reported that SpaceChain planned to launch multiple Bitcoin nodes in addition to the first Ethereum node. The business has stated that its mission will commence on June 14.
People will be able to use BTC and ETH blockchains for their portfolio of services, according to SpaceChain. Data security products, asset custody, and other services are among them.
Check out more news and information on SpaceX on Science Times.