Historic Bitcoin Transaction via Satellite
In a groundbreaking feat, an individual known as user Printer has engineered a successful transmission of a Bitcoin Lightning invoice via a geostationary communications satellite, specifically the QO-100, also known as Es’hail-2. This marks a significant milestone, as it represents the first time a Bitcoin transaction has been conducted through space. The innovation showcases the versatility of Bitcoin, proving that it can facilitate transactions even in remote, off-grid environments.
Transmission Process
The process began with the generation of a Bitcoin Lightning invoice from the user’s wallet, which was then transformed into an image file. This image was transmitted using the AMSAT-DL Multimedia HS Modem, which employs digital modulation capabilities to send files. To establish the link, the enthusiast utilized a parabolic dish and a series of transmission equipment to relay the digital signal. This signal was uplinked to the satellite’s digital transponder.
Once the invoice was sent, it was relayed back to Earth via the satellite’s downlink frequencies. The subsequent decoding of the digital transmission was performed by the AMSAT-DL modem software, allowing the QR code to be scanned with a Lightning wallet. Remarkably, this entire transaction took place away from traditional financial infrastructure.
Implications for Off-Grid Finance
This historic occurrence further solidifies Bitcoin’s potential in enabling off-grid finance, allowing for transactions even in areas lacking established banking systems or in regions governed by authoritarian regimes. The ability to process Bitcoin transactions in such unconventional settings underscores the cryptocurrency’s innovative and resilient nature.
It’s worth noting that the first recorded Bitcoin transaction in space dates back to August 2019, facilitated by Blockstream Satellite and SpaceChain.