{"id":63257,"date":"2019-01-18T19:29:36","date_gmt":"2019-01-18T11:29:36","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/spacechain-carries-out-1st-qtum-transaction-in-space-2\/"},"modified":"2019-01-18T19:29:36","modified_gmt":"2019-01-18T11:29:36","slug":"spacechain-carries-out-1st-qtum-transaction-in-space-2","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/spacechain-carries-out-1st-qtum-transaction-in-space-2\/","title":{"rendered":"SpaceChain Carries Out 1st Qtum Transaction in Space"},"content":{"rendered":"<\/p>\n<p>Community-based space platform <strong>SpaceChain<\/strong>&nbsp;successfully tested its second blockchain node in space, launched into orbit on Oct. 25, 2018, by a CZ-4B Y34 rocket from Taiyuan Satellite Launch Centre, Xinzhou, China.&nbsp;The node is embedded with SpaceChain\u2019s operating system, SpaceChain OS, and can perform blockchain-related functions on the <strong>Qtum<\/strong> blockchain \u2014 such as running smart contracts and multi-signature transactions.<\/p>\n<p>Since the launch on Oct. 25, the team has run a number of connectivity tests to ensure the node\u2019s full operational capability. During these tests, the node\u2019s signal was detected and transaction data has been uploaded to the node to complete the signature and then downloaded via the ground station, and finally verified on the blockchain network.<\/p>\n<p>\u201cThis multi-signature cold wallet service \u2014 an application developed by SpaceChain engineers to test the space node \u2014 shows proof of technology of being a potential cybersecurity solution for the blockchain industry,\u201d said SpaceChain Co-Founder and Chief Technology Officer (CTO) Jeff Garzik. \u201cSpaceChain deployed and tested the space-based multi signature transaction which opens up brand new possibilities in space security models.\u201d<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Community-based space platform SpaceChain&nbsp;successfully tested its second blockchain node in space, launched into orbit on Oct. 25, 2018, by a CZ-4B Y34 rocket from Taiyuan Satellite Launch Centre, Xinzhou, China.&nbsp;The node is embedded with SpaceChain\u2019s operating system, SpaceChain OS, and can perform blockchain-related functions on the Qtum blockchain \u2014 such as running smart contracts and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":62276,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-63257","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/63257"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=63257"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/63257\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/62276"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=63257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=63257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=63257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}