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      "body": "Blockstream has just announced that the Bitcoin blockchain is now being broadcast from space. The new service, Blockstream Satellite, streams blocks down to much of the planet’s surface for free, in order to boost the connectivity, decentralization, redundancy, affordability, security, privacy, and ultimately adoption of Bitcoin.\n\n“Blockstream Satellite enables further participation in Bitcoin,” states the company, “including the billions of people in the world without internet access and people in places where bandwidth prices make participating cost-prohibitive.\n\nThe service currently runs on three geosynchronous satellites positioned 22,000 miles above the Earth covering four continents, as well as several ground stations called teleports. Additional satellites will be added to the Blockstream Satellite network enabling worldwide coverage and reaching nearly every person on the planet by the end of 2017.![Blockstream-Satellite-Coverage2.jpg](https://steemitimages.com/DQmVTjwfLLMCCRmzzuGuCQB6HpvNAFzJ2t42T4cXuRZjbVw/Blockstream-Satellite-Coverage2.jpg)\n\nSelf-described as “the leading provider of blockchain technologies,” Blockstream is the third-best funded startup in the Bitcoin space, behind Coinbase and Circle. Several of the current Bitcoin core team developers work at Blockstream, which provides a range of software and hardware solutions and expert professional services to companies deploying new blockchain-based networks.\n\nThe company's primary area of innovation is in sidechains, a technology invented to extend the capabilities of Bitcoin's blockchain. Sidechains create the opportunity for new models of trust, extending and improving upon the properties of Bitcoin.\n\nBlockstream Satellite is the company’s newest innovation, “the world’s first public satellite service that allows anyone to operate and maintain Bitcoin nodes,” the company states, “without the constraints of traditional network connectivity.”\n\nTo launch the service, Blockstream leased capacity on existing, commercial, geosynchronous satellites already operating and orbiting, instead of launching their own, which keeps costs down. The satellites also host general purpose communications, including television, radio, and data.\n\nThese satellites are fed a data stream of the public Bitcoin blockchain from ground based stations called teleports, which run full Bitcoin nodes. The satellites then relay the broadcast back to earth using open source GNU Radio software and the Fast Internet Bitcoin Relay Engine (FIBRE), an open source protocol based on several years of experience operating and studying the Bitcoin Relay Network.\n\nThe system is currently designed to guarantee a 64kbit/sec connection. According to Blockstream CEO Dr. Adam Back, “This provides adequate bandwidth to reliably maintain synchronization with the network with modest delay.”\n\nThe size of the receiving dish also affects the download speed. “We designed the Blockstream Satellite system to work with a 46cm antenna to maximize the number of people around the world who will be able to use it,” the CEO explains. “But keep in mind this is the absolute minimum. Bigger antennas -- 60cm, 1.2m, or the VLA observatory antennas --  could result in faster speeds for users with future upgrades to the signals we transmit.”\n\nOnce users on the ground find a satellite dish, perhaps a used consumer satellite TV dish, they’ll need a USB software defined radio (SDR) interface, which Blockstream claims can be found for around US$100. “Ordinarily, end user satellite equipment is very expensive,” the company states, pointing out that their whole system was “uniquely designed to dramatically reduce this cost.”\n\nUsers can see details on what they need to get started in the website's documentation, including a list of equipment, how to point their antenna, and how to use the software. They can then run their own Bitcoin nodes using the service, or share Bitcoin nodes locally and configure their smart phone wallets to connect to their node.\n\nBlockstream Satellite isn’t the first plan to put part of the Bitcoin network in space. Former Bitpay engineer and Bitcoin developer Jeff Garzik created a company and promoted his idea to build ‘BitSats’ between 2012 and 2015, before running out of funding and giving up on the concept.\n\nEach Bitsat, which was proposed to be built and launched by Garzik’s company for the cost of around US$1 million each, was said to be able to be a backup copy of the blockchain in orbit that could verify incoming blocks and broadcast them around the world. Each had a five-year lifetime in low earth orbit and was prohibitively expensive.",
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      "body": "Congratulations @drjitesh! You have completed some achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/firstcomment.png)](http://steemitboard.com/@drjitesh) You made your First Comment\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/firstvoted.png)](http://steemitboard.com/@drjitesh) You got a First Vote\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/firstpost.png)](http://steemitboard.com/@drjitesh) You published your First Post\n\nClick on any badge to view your own Board of Honor on SteemitBoard.\nFor more information about SteemitBoard, click [here](https://steemit.com/@steemitboard)\n\nIf you no longer want to receive notifications, reply to this comment with the word `STOP`\n\n> By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://www.altcointoday.com/japan-and-china-are-largely-responsible-for-the-recent-digital-currency-market-growth/",
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      "body": "The age of cryptocurrencies is upon us, and two countries in particular have been instrumental in their stratospheric rise: China and Japan.\n\nCryptocurrencies have become popular in China due to the government’s stringent control of the yuan — a power they occasionally exercise by artificially devaluing the currency for trading purposes. With private wealth in China growing, affluent individuals have found a more stable and accessible alternative to the yuan in cryptocurrencies.\n\nAdditionally, China has an abundance of cheap energy and hardware, which facilitates crypto mining (the process through which new blocks in the blockchainare created and transactions are verified). Chinese exchanges run mining “pools” to generate these blocks, and these efforts constitute 60 percent of Bitcoin’s total hashrate (the speed at which Bitcoin operations are completed).\n\nJapan got its foot in the cryptocurrency door at the beginning of 2017 when the market in China experienced an institutional and systematic crackdown, with the most potent measure being a ban on all cryptocurrency withdrawals. This caused an increase in Japan’s trading volume, which grew from one percent to as high as six percent.\n\nCryptocurrency adoption was further amplified by currency turbulence in the country. Quantitive easing lead to extremely low interest rates, which have occasionally even become negative, meaning that it costs an individual to save money. As in China, cryptocurrencies therefore became viewed as a more stable asset than the native currency, so more people have chosen to invest and store their money in them.\n\n \n\n \n\nThe final piece in the cryptocurrency success puzzle for both countries is increasing institutional acceptance. In China, this takes the form of the country’s Royal Mint, which has invested resources and money into digitizing the yuan and promoting blockchain technology. Japan, meanwhile, began accepting payments in stores using cryptocurrencies earlier this year, and its three largest banks — MUFJ, Mizuho, and SMBC — have all backed the country’s largest Bitcoin exchange, bitFlyer.\n\n \n\nA Worldwide Growth\n\nThe enthusiasm with which China and Japan have embraced cryptocurrency systems has contributed to their worldwide success. Virtual currencies have become more popular and valuable than the vast majority of people could have anticipated upon their inception around a decade ago. The value of a single bitcoin has risen from roughly $0.00075 to $2,500, and the market cap for all cryptocurrencies has exceed $100 billion.\n\nThe success of cryptocurrencies is also reflected in their increasing adoption by formal institutions. Wall Street is making moves to start using cryptocurrency systems by next year, a Swiss town called Zug has begun to accept payments in bitcoins, and the Winklevoss twin’s Gemini Trust in New York has been licensed to trade ether.\n\nHowever, some worrying news concerning cryptocurrencies has emerged as well. Recently, in spite of claims that the systems are highly secure, hacks have lead to personal information being leaked and exchanges have been robbed.\n\nIn addition, while cryptocurrencies may be more stable assets than the native currency in Japan and China, they are not absolutely stable. In fact, they are currently far from it, and though prices continue to rise, rapid drops are not uncommon, and public opinion can have a major impact on value.\n\nMark Cuban illustrated the issue perfectly — when he took to Twitter to assert that Bitcoin wasn’t a currency, its valuation dropped rapidly.\n\nEven more recently, Ethereum lost $4 billion worth of market value when a bogus story that its founder, Vitalik Buterin, had died in a car crash was published on 4chan.\n\nCryptocurrencies are clearly on the rise, and due to their successes, they can no longer be dismissed as a niche monetary system. The pertinent question is will this rise will lead to the worldwide adoption of an entirely new currency and finance system?",
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      "body": "The main problem my friend is nutrient intake distribution will affect by this kind of drinks. Protein and micronutrients imbalance I mean to say!",
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