How does the Blockstream satellite project work? What do you need in order to participate? What is it useful for? Let me bring your science fiction imagination back down to earth…
This question is from the January monthly subscriber session, which took place on January 26th 2019. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop
RELATED:
Worse Than Useless: Financial Surveillance – https://youtu.be/n4F-h4xuXMk
Sanctions and censorship resistance – https://youtu.be/DeXe5eGRl7E
Fungibility, privacy, anonymity – https://youtu.be/y3s8c7YDtXU
Mixing services – https://youtu.be/rKoMvOH4zoY
Altcoins and specialisation – https://youtu.be/b_Yhr8h6xnA
The price of losing privacy – https://youtu.be/2G8IgiLbT_4
The war on cash and crypto – https://youtu.be/BAlRKfvBnvw
MimbleWimble and Schnorr signatures – https://youtu.be/qloq75ekxv0
MimbleWimble and Dandelion – https://youtu.be/LjDJGTpK_lE
Schnorr signatures and the privacy roadmap – https://youtu.be/JeJzwZgxF50
What are Bulletproofs? – https://youtu.be/EDaM8A-tAck
Will governments let privacy coins exist? – https://youtu.be/30sjEW70rLE
Coin selection and privacy – https://youtu.be/3Ck683CQGAQ
Atomic swaps – https://youtu.be/fNFBA2UmUmg
Decentralised exchanges with fiat – https://youtu.be/3Url8tbQEkA
Decentralised exchanges and counterparty risk – https://youtu.be/hi_jaw0dT9M
The Lightning Network – https://www.youtube.com/playlist?list=PLPQwGV1aLnTurL4wU_y3jOhBi9rrpsYyi
How do I choose a wallet? – https://youtu.be/tN6b62sEpsY
Hot vs. cold wallets – https://youtu.be/Aji_E9sw0AE
Secure, tiered storage system – https://youtu.be/uYIVuZgN95M
How do I secure my bitcoin? – https://youtu.be/vt-zXEsJ61U
HODLing and the “get free” scheme – https://youtu.be/MhOwmsW1YNI
How to get people to care about security – https://youtu.be/Ji1lS9NMz1E
Airdrop coins and privacy implications – https://youtu.be/JHRnqJJ0rhc
Bitcoin as everyday currency – https://youtu.be/xYvvSV4mjH0
Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin.
Follow on Twitter: @aantonop https://twitter.com/aantonop
Website: https://antonopoulos.com/
He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.
Subscribe to the channel to learn more about Bitcoin & open blockchains; click on the red bell to enable notifications about new videos!
MASTERING BITCOIN, 2nd Edition: https://amzn.to/2xcdsY9
Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations-of-mastering-bitcoin/
THE INTERNET OF MONEY, v1: https://amzn.to/2ykmXFs
THE INTERNET OF MONEY, v2: https://amzn.to/2IIG5BJ
Translations of THE INTERNET OF MONEY:
Spanish, ‘Internet del Dinero’ (v1) – https://amzn.to/2yoaTTq
French, ‘L’internet de l’argent’ (v1) – https://www.amazon.fr/Linternet-largent-Andreas-M-Antonopoulos/dp/2856083390
Russian, ‘Интернет денег’ (v1) – https://www.olbuss.ru/catalog/ekonomika-i-biznes/korporativnye-finansy-bankovskoe-delo/internet-deneg
Vietnamese, ‘Internet Của Tiền Tệ’ (v1) – https://alphabooks.vn/khi-tien-len-mang
MASTERING ETHEREUM (Q4): https://amzn.to/2xdxmlK
Music: “Unbounded” by Orfan (https://www.facebook.com/Orfan/)
Outro Graphics: Phneep (http://www.phneep.com/)
Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)
source
Your weird dude!
That one way block broadcast is enough to verify that a payment was received (possibly on any BIP32 derived address). Useful for offline vending machines.
Great info…Thax… Besides… LOL Ha ha… The birth of 1st 'Blockchain Film Director' based on your initial plot script on around 'Mini-Satoshi-DNA' in orbit! 😉
Hahaha
thanks for explaining , makes sense …
LOL, the humor in this video! When there are wealth transfers from space or even from Mars to Earth and back, surely there will be full nodes floating around as added space junk in our orbit by then. Until then, it isn't profitable to start such a venture — so only long delayed sweat equity or ambition or unrequited love of the tech would for now see it through without fail. Sad to hear an older project that was ideologically and technologically sound failed. I think it just isn't yet the right time, and I say that from learning too many lessons the hard way about "timing" lol. If such a project were to make another attempt, would you be interested in collaborating? Asking for far off future reference.
Ahah! Andreas, thanks for the explanation and for the dose of laughter <3
Another situation in which the satellite could be useful would simply be in a remote location, without an Internet connection.
Electricity can be derived from the sun for example, but getting regular access to the latest blocks required Internet until now.
haha it's a shame thats not whats happening, someone has to make a cartoon of that!
No one, Andrea, can reasonably question your motives, your integrity, or your expertise. But surely, you understand that we, as a community, need to educate the masses ABOUT Bitcoin, and at the moment, you appear to be addressing issues related to an exceedingly narrow audience of 'experts', relatively speaking. Thus, the question emerges (and I feel compelled to ask, with utmost respect): Why would someone with your unrivaled capacity to carry the torch (no ln pun intended) of Bitcoin wisdom to the masses be devoting such an inordinate amount of time to what could be characterized as fairly obtuse subjects (which btw the cognoscenti will appreciate, undoubtably)? An analogy might be Michael Jackson opining at length about the process of manufacturing a vinyl record, as opposed to packing a stadium and moving tens of thousands to tears with songs like Man in the Mirror, or recording an album which defined his generation? You have your best selling 'albums' in Mastering Bitcoin, Mastering Ethereum, and The Internet of Money, in countless languages; You've testified before government bodies and done more work than anyone I know of (including Satoshi himself, DOCTOR Craig Wright (hahaa… jk) and the core devs, who have also given so generously and made this their life's work, as you have — so this is not a criticism — not at all. Some of us are merely wondering, however, how comes it that our greatest advocate and 'influencer' spends so much of his time with pen and paper when the printing press is at his disposal? What are we missing? Thanks.
As you mentioned Jeff G. – is he not continuing efforts with another space-blockchain at the moment?
Please invest 0.01 BTC and buy a decent microphone.
Lightning is a risky dead end cluster.
Nexus is launching a satellite??♂️
Link for parts list, repository, and instructions???
Unblock me Andreas
Loved the ending hahaha, very good explanation though!
Andreas good job!
I hope that Elon Musk will provide humanity with free internet through satellites one day ?✌️
nailed it!
Fabulous video (but, but, spoiler alert: Andreas revealing entire plot for upcoming Sci-Fi Blockbuster with working title "From dark side of the moon trillionaire Dr Evil beams Satoshi-DNA doom down to Earth via secret minion filled satellites")
Smashed the like
Can you mine using blockstream in remote areas?
Essentially this means you don't need the internet to use Bitcoin. Which is important because this central point of failure (the internet) is often touted as a main argument in the GOLD/BTC debate.
The beginning though !
I for one welcome our new mini satoshi overlords.
I knew they took my DNA! Lol
This is a one way communication though, correct? You can only download from the satellite, not upload. I cannot send transaction to the network via blockstream satellites, I still need a landline connection. Is that correct?
Just so you know, Twitter shadow banned me for replying to your post on Venezuelan sanctions. Can't have thoughtful conversation on SM anymore.
Here is the parts list – https://www.amazon.com/ideas/amzn1.account.AHH4EF7QUWTH4SHESSIXHM6H2IHQ/32NTXVS0Y48VI here are 2 guides – https://hackernoon.com/building-your-own-bitcoin-satellite-node-6061d3c93e7 and https://bitcointalk.org/index.php?topic=2091860.msg49574549#msg49574549
I knew Andreas was flat earther?
btc satellite don't exist!
Haha! Baby satoshis are so cute…until they grow up and take over the world!
To me the important part is the message being sent to meddling governments that Bitcoin can't be censored so back off. Apparently someone is sending Lightning transactions by short wave radio at the moment.