CryptoSat’s first nanosatellite explodes on a SpaceX rocket on Wednesday


If all goes as planned, Wednesday’s SpaceX rocket launch from Florida will launch a “cryptosatellite” into low Earth orbit, paving the way for secure blockchain-related encryption in space.

Cryptosat, as the name suggests, is the company that created the “Crypto1”, a crypto-satellite module aboard Falcon 9 rockets for SpaceX’s Transporter 5 missions. Blockchain satellite technology has already been tested on the International Space Station.

“We’re basically joining Uber’s spaceflight,” Cryptosat Yonatan Winetraub’s co-founder told Cointelegraph.

“SpaceX is launching multiple satellites, each doing a different job,” he added. Do not interfere with other satellites at all.”

The Crypto1 Satellite is a coffee mug-sized module built using over-the-counter components. In space, it will provide a physically inaccessible and tamper-resistant platform on which to launch blockchain and ledger applications.

Co-founder Yan Michalevsky said this type of platform is the first off-world “root-of-trust” that is always a trusted source within a cryptographic system that “doesn’t depend on other satellites from other companies.” We provide the hardware to the orbit and add:

“It needs a lot. Especially if you look at the protocol in Web3, you have a whole financial system and a smart contract system. A kind of digital legal contract depends on the credibility of the encryption behind it.”

Michalevsky said that one of the most interesting applications of the module is to establish a zero-knowledge proof protocol that is more often used for purposes such as voting in decentralized autonomous organizations (DAOs) to make decisions without exposing individual votes.

Other applications of the module include the possible distribution of the entire blockchain, and crypto mining could become a thing of the past, since, in theory, decentralization across multiple validators would not be necessary if the ledger was out of the reach of attackers.

He said that although attackers have the incentive and ability to access Earth-based modules, they need reliable modules from space because they cannot use the technology to capture and tamper with satellites.

RELATED: Cointelegraph Magazine — Space Invaders: Entering Crypto Orbit

“Another unique feature is that communication is over radio frequency, so it cannot be hidden and can be attacked,” Winetraub added.

“We have seen a big boom in blockchain technology in recent years and we can provide these services in space. Our hope is to provide these modules that serve the blockchain industry and are trusted by everyone with an unprecedented level of security.”

slow communication

Satellite communication with the ground is a headache for any organization with assets in orbit because of the slow rate of uploading data from Earth. As Winetraub said, “Internet communication is not trivial in space.”

“Working with space assets is not the same as working here on Earth,” he added. “If something goes wrong, I just open a terminal on the ground and when I’m in space where it’s always unavailable, I just open the terminal and debug.”

“We have to go around the globe, start debugging, figure out the problem, and now we have to wait an hour and a half until we come back.”

Bridging the gap between people’s accustomed to fast internet communication and space constraints is an ongoing effort the company started with a series of experiments it conducted on the International Space Station (ISS) earlier this year, he said.

Relevant: Blockchain Safeguards in Space: SpaceChain, Blockstream and Cryptosat

In March, the Cryptosat satellite participated in several experiments on the ISS. Experiment A cryptographic signature was generated using a key that was generated and kept in space. Tweets referring to Cryptosat Twitter accounts generated certificates with digital signatures in response to those tweets.

Michalevsky said of the experiment “it allowed us to establish interesting use cases in this area.”

“Essentially, what we were doing in this experiment was to practice operations on our side in terms of communicating with space, collaborating with space agencies, executing code and working together on the ground and in space.”

Michalevsky has this to say about Cryptosat’s next plans after launch:

“We are already in the planning stages of our next satellite and we are aiming for the end of this year, and there is a lot of work to be done, such as continuing to upgrade our software platform.”

“We aim for some of the following: [the modules in orbit] “In these early stages,” he added, “but ultimately we expect potentially dozens of devices to provide continuous availability as they orbit the Earth.”

The extension on the ground to communicate with the orbital module was also on the card of the company, which, with Michalevsky, said the goal was to ensure that the ground station could always see at least one satellite.

This is an area where consumer-facing products also want to work, Michalevsky says, as the space industry doesn’t have a simple interface for users of Web3 applications.

“We want to build a really great API that will allow us to provide things like NFT signatures in space, something very useful to consumers as well as enterprise, backend applications, and then build financial infrastructure on top of that set. satellite”

“We will dig deep into the blockchain space, creating a lot of terrestrial infrastructure that will interoperate with the various protocols of the blockchain,” he added.

Leave a Comment