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Blockstream Satellite: Broadcasting Bitcoin from Space

Blockstream Satellite: Broadcasting Bitcoin from Space

Yesterday a video teaser from blockchain technology company Blockstream created waves of excitement among enthusiasts of both cryptocurrencies and space. Most participants speculated that Blockstream was about to implement the idea, promoted by Bitcoin developer Jeff Garzik (among others), of a satellite system that streams the Bitcoin blockchain to the whole planet from space. The speculations were, indeed, correct.

Today, the company is announcing Blockstream Satellite, a new service that broadcasts real-time Bitcoin blockchain data from satellites in space to almost everyone on the planet. Blockstream Satellite covers across two-thirds of the Earth’s land mass and, according to the company, additional coverage areas will soon come online to reach almost every person on the planet by the end of the year.

“Bitcoin is a powerful and transformative internet native digital money that has blazed a trail of disruption, with its full potential yet to unfold. Because it’s permissionless, Bitcoin enables anyone to freely create new financial applications and other innovations that use the blockchain that haven’t been possible before,” said Blockstream co-founder and CEO Adam Back.

“Today’s launch of Blockstream Satellite gives even more people on the planet the choice to participate in Bitcoin. With more users accessing the Bitcoin blockchain with the free broadcast from Blockstream Satellite, we expect the global reach to drive more adoption and use cases for Bitcoin, while strengthening the overall robustness of the network.”

The Blockstream Satellite network currently consists of three geosynchronous satellites at various positions over Earth that cover four continents: Africa, Europe, South America and North America. Blockstream is leasing bandwidth on existing, commercial, geosynchronous satellites: Galaxy 18 (covering North America), Eutelsat 113 (covering South America) and two transponders on the Telstar 11N satellite (one covering Africa and one covering Europe).

Ground stations, called teleports, uplink the public Bitcoin blockchain data to the satellites in the network, which then broadcast the data to large areas across the globe. Additional satellites and teleports are being added to achieve worldwide coverage by the end of the year.

Blockstream_Satellite_Phase1+2_Coverage_Areas.jpgBlockstream_Satellite_Phase1+2_Coverage_Areas.jpg

The Blockstream service is expected to be especially useful to people in remote regions of developing world with poor internet connectivity.

“When I first heard of Blockstream Satellite, I immediately recognized its great potential to bring Bitcoin to regions of the world where internet access is either unavailable or expensive,” said Tim Akinbo, who runs the only bitcoin node in West Africa. “Not to mention providing redundant access when internet access is temporarily unavailable.”

Blockstream Satellite uses GNU Radio, an open-source software development platform for Software-Defined Radio (SDR), expected to reduce costs and streamline development by eliminating the need for specialized hardware. Blockstream Satellite utilizes the Fast Internet Bitcoin Relay Engine (FIBRE), an open-source protocol backed by several years of history operating and studying the Bitcoin Relay Network. “Together, these open-source technologies power the Blockstream Satellite network enabling Blockstream to provide this free service reliably and cost effectively,” noted the Blockstream press release.

“Anyone can receive the signal with a small satellite dish (similar to a consumer satellite TV dish) and a USB SDR (software-defined radio) interface,” notes the Blockstream Satellite FAQ. “The total equipment cost for a user is only about $100. The software is free. The software interface is the open-source GNU Radio software, which is the receiver. GNU Radio will send data to the FIBRE protocol, which is the Bitcoin process and is where the blocks reside.”

The post Blockstream Satellite: Broadcasting Bitcoin from Space appeared first on Bitcoin Magazine.

Blockstream Satellite: Broadcasting Bitcoin from Space

Yesterday a video teaser from blockchain technology company Blockstream created waves of excitement among enthusiasts of both cryptocurrencies and space. Most participants speculated that Blockstream was about to implement the idea, promoted by Bitcoin developer Jeff Garzik (among others), of a satellite system that streams the Bitcoin blockchain to the whole planet from space. The speculations were, indeed, correct.

Today, the company is announcing Blockstream Satellite, a new service that broadcasts real-time Bitcoin blockchain data from satellites in space to almost everyone on the planet. Blockstream Satellite covers across two-thirds of the Earth’s land mass and, according to the company, additional coverage areas will soon come online to reach almost every person on the planet by the end of the year.

“Bitcoin is a powerful and transformative internet native digital money that has blazed a trail of disruption, with its full potential yet to unfold. Because it’s permissionless, Bitcoin enables anyone to freely create new financial applications and other innovations that use the blockchain that haven’t been possible before,” said Blockstream co-founder and CEO Adam Back.

“Today’s launch of Blockstream Satellite gives even more people on the planet the choice to participate in Bitcoin. With more users accessing the Bitcoin blockchain with the free broadcast from Blockstream Satellite, we expect the global reach to drive more adoption and use cases for Bitcoin, while strengthening the overall robustness of the network.”

The Blockstream Satellite network currently consists of three geosynchronous satellites at various positions over Earth that cover four continents: Africa, Europe, South America and North America. Blockstream is leasing bandwidth on existing, commercial, geosynchronous satellites: Galaxy 18 (covering North America), Eutelsat 113 (covering South America) and two transponders on the Telstar 11N satellite (one covering Africa and one covering Europe).

Ground stations, called teleports, uplink the public Bitcoin blockchain data to the satellites in the network, which then broadcast the data to large areas across the globe. Additional satellites and teleports are being added to achieve worldwide coverage by the end of the year.

Blockstream_Satellite_Phase1+2_Coverage_Areas.jpgBlockstream_Satellite_Phase1+2_Coverage_Areas.jpg

The Blockstream service is expected to be especially useful to people in remote regions of developing world with poor internet connectivity.

“When I first heard of Blockstream Satellite, I immediately recognized its great potential to bring Bitcoin to regions of the world where internet access is either unavailable or expensive,” said Tim Akinbo, who runs the only bitcoin node in West Africa. “Not to mention providing redundant access when internet access is temporarily unavailable.”

Blockstream Satellite uses GNU Radio, an open-source software development platform for Software-Defined Radio (SDR), expected to reduce costs and streamline development by eliminating the need for specialized hardware. Blockstream Satellite utilizes the Fast Internet Bitcoin Relay Engine (FIBRE), an open-source protocol backed by several years of history operating and studying the Bitcoin Relay Network. “Together, these open-source technologies power the Blockstream Satellite network enabling Blockstream to provide this free service reliably and cost effectively,” noted the Blockstream press release.

“Anyone can receive the signal with a small satellite dish (similar to a consumer satellite TV dish) and a USB SDR (software-defined radio) interface,” notes the Blockstream Satellite FAQ. “The total equipment cost for a user is only about $100. The software is free. The software interface is the open-source GNU Radio software, which is the receiver. GNU Radio will send data to the FIBRE protocol, which is the Bitcoin process and is where the blocks reside.”

The post Blockstream Satellite: Broadcasting Bitcoin from Space appeared first on Bitcoin Magazine.

Bitconnect Coin (BCC) Hits New All-Time High at $115, as Bitcoin Price Surges

Throughout last week, during the strong rally of bitcoin, Bitconnect Coin (BCC) gained upward momentum, surpassing the $100 mark for the first time in history and establishing a new all-time high at $115. According to cryptocurrency market data providers including Coinmarketcap, the trading volume of BCC peaked at $10 million, reaching a market cap of … Continue reading Bitconnect Coin (BCC) Hits New All-Time High at $115, as Bitcoin Price Surges

The post Bitconnect Coin (BCC) Hits New All-Time High at $115, as Bitcoin Price Surges appeared first on NEWSBTC.

Throughout last week, during the strong rally of bitcoin, Bitconnect Coin (BCC) gained upward momentum, surpassing the $100 mark for the first time in history and establishing a new all-time high at $115. According to cryptocurrency market data providers including Coinmarketcap, the trading volume of BCC peaked at $10 million, reaching a market cap of … Continue reading Bitconnect Coin (BCC) Hits New All-Time High at $115, as Bitcoin Price Surges

The post Bitconnect Coin (BCC) Hits New All-Time High at $115, as Bitcoin Price Surges appeared first on NEWSBTC.

Deep Learning AI Mimics Human Voices In 30 Minutes or Less

TheMerkle AI Text to Speech Voice SynthesisAdvancements made in artificial intelligence are seemingly announced every single week. Earlier this year, Deep Voice 1 was released by Baidu Silicon Valley AI Lab. That system was received with considerable enthusiasm and hesitation alike, as it generates synthetic human voices through deep neural networks. (As it happens, the end result is quite creepy.) Now that Deep Voice 2 has been announced, things have taken a dramatic new turn. Deep Voice 2 Contains Hundreds of Voices Transforming text to speech in a human-like fashion has proven to be difficult. Even when projects succeed in doing so, the end results are incredibly synthetic and far less professional than

TheMerkle AI Text to Speech Voice Synthesis

Advancements made in artificial intelligence are seemingly announced every single week. Earlier this year, Deep Voice 1 was released by Baidu Silicon Valley AI Lab. That system was received with considerable enthusiasm and hesitation alike, as it generates synthetic human voices through deep neural networks. (As it happens, the end result is quite creepy.) Now that Deep Voice 2 has been announced, things have taken a dramatic new turn.

Deep Voice 2 Contains Hundreds of Voices

Transforming text to speech in a human-like fashion has proven to be difficult. Even when projects succeed in doing so, the end results are incredibly synthetic and far less professional than we would like. Thanks to solutions such as Deep Voice 1 and Deep Voice 2, that situation is slowly changing for the better. There are some definite benefits to these solutions, even though they may not necessarily become accessible to everyday consumers anytime soon.

The Deep Voice 1 platform generated synthetic human voice through deep neural networks. It did so in real-time, allowing the solution to synthesize audio as fast as it needed to be played. This was a major development for inactive projects like video games, conversational interfaces, and the media industry. Baidu Silicon Valley AI Lab took the time to train deep neural networks to learn from vast amounts of data. As a result, it created one of the most comprehensive voice synthesis solutions the world had seen to date.

However, the company has not rested on its laurels. Instead, it has been working hard on improving its Deep Voice solution over the past few months. Over the course of roughly 90 days, the team managed to make their next Deep Voice system far more advanced than their first. Deep Voice 1 provided 20 hours of speech and only one voice from which to choose. Although this was not necessarily a major limitation, companies have to keep moving forward at all times, improving upon existing solutions and scaling the technology.

That is exactly what the company did. Deep Voice 2 now contains hundreds of hours of speech and provides hundreds of voices to choose from as well. It is also more than capable of learning from hundreds of voices and imitating them perfectly. Indeed, it’s pretty creepy to hear a computer utter your voice saying something you’d never said. Deep Voice 2 is capable of learning a new voice in the span of just 30 minutes.

Based on samples provided on the official website, one can hardly tell which voice is human and which is a copy, as the difference between the two is incredibly small. This goes to show that AI technology has come a long way and is advancing at an exceptional pace. Although this is by far one of the creepier developments we have seen (or heard) in recent months, it also represents a major breakthrough for any sector reliant on voice synthesis.

Baidu will not release this project’s source code free of charge, nor does it have to. It would be nice to know if this platform will ever become a consumer-grade product. Technology such as this can have major consequences and powerful use cases, assuming people have a chance to play around with it at some point. Any company working with chat assistants, robotics, or other tools involving some degree of communication would certainly benefit from embracing this technology in the future.

Blockstream Is Using Satellites to Beam Bitcoin Down to Earth

Blockstream says people most in need of bitcoin aren’t getting it because of their lack of internet, but it’s satellite – yes satellite – can help.

Blockstream says people most in need of bitcoin aren’t getting it because of their lack of internet, but it’s satellite – yes satellite – can help.

JOHN McAFEE: Here’s why you can’t call bitcoin a ‘bubble’ – Business Insider


Business Insider

JOHN McAFEE: Here’s why you can’t call bitcoin a ‘bubble’
Business Insider
Likewise, what people see as a bitcoin “bubble,” from the perspective of the new paradigm, is merely the predictable and systematic devaluation of fiat currencies that will continue, with obvious ups and downs, until all fiat currencies reach the zero

and more »


Business Insider

JOHN McAFEE: Here's why you can't call bitcoin a 'bubble'
Business Insider
Likewise, what people see as a bitcoin "bubble," from the perspective of the new paradigm, is merely the predictable and systematic devaluation of fiat currencies that will continue, with obvious ups and downs, until all fiat currencies reach the zero ...

and more »

New Goalposts Set For Bitcoin, $7500 by Year End – CoinTelegraph

New Goalposts Set For Bitcoin, $7500 by Year EndCoinTelegraphIn late July, an audacious figure of $5,000 per Bitcoin was predicted by stock researcher Ronnie Moas for the year end. However, the recent rally has seen Moas shift that figure by a full $2,…


New Goalposts Set For Bitcoin, $7500 by Year End
CoinTelegraph
In late July, an audacious figure of $5,000 per Bitcoin was predicted by stock researcher Ronnie Moas for the year end. However, the recent rally has seen Moas shift that figure by a full $2,500 to $7,500 as predictors try and keep up. With this ...

World Blockchain Forum add international heavy weights to lineup

Upcoming cryptocurrency conference World Blockchain Forum: Investments and ICOs announces new international speakers and a ‘Pitch your ICO’ showcase to their September 25th/26th lineup. The highly-anticipated event was announced in July and has amassed significant media and community attention. Since then, Keynote has added many heavyweight international speakers to the lineup, including: Eva Kaili, Member … Continue reading World Blockchain Forum add international heavy weights to lineup

The post World Blockchain Forum add international heavy weights to lineup appeared first on NEWSBTC.

Upcoming cryptocurrency conference World Blockchain Forum: Investments and ICOs announces new international speakers and a ‘Pitch your ICO’ showcase to their September 25th/26th lineup. The highly-anticipated event was announced in July and has amassed significant media and community attention. Since then, Keynote has added many heavyweight international speakers to the lineup, including: Eva Kaili, Member … Continue reading World Blockchain Forum add international heavy weights to lineup

The post World Blockchain Forum add international heavy weights to lineup appeared first on NEWSBTC.

New Goalposts Set For Bitcoin, $7,500 by Year End

The recent surge in Bitcoin price has caused stock researcher Ronnie Moas to re-evaluate his initial prediction of $5,000 to $7,500

The recent surge in Bitcoin price has caused stock researcher Ronnie Moas to re-evaluate his initial prediction of $5,000 to $7,500

Rivetz Raises $5.5 Million in RvT Token Pre-Sale – Public Token Crowdsale Begins Today

rivetz logoFirst Decentralized Cybersecurity Token Poised to Add Unprecedented Proof and Assurance of Privacy and Security at the Hardware Level for Billions of Consumer, Business and M2M Transactions GEORGE TOWN, CAYMAN ISLANDS —  August, 15 2017– Rivetz Intl, Inc. (https://rivetzintl.com) today announced it has secured $5.5 million USD (19,000 ETH) in a private presale of its Rivet (RvT) token, a cybersecurity token developed to provide verifiable security controls for cloud authentication, IoT, blockchain, and legacy financial transactions.  The RvT token enables multifactor authentication across devices, to achieve provable security at both the transaction and authentication level. The Rivetz solution uses technology

rivetz logo

First Decentralized Cybersecurity Token Poised to Add Unprecedented Proof and Assurance of Privacy and Security at the Hardware Level for Billions of Consumer, Business and M2M Transactions

GEORGE TOWN, CAYMAN ISLANDS —  August, 15 2017– Rivetz Intl, Inc. (https://rivetzintl.com) today announced it has secured $5.5 million USD (19,000 ETH) in a private presale of its Rivet (RvT) token, a cybersecurity token developed to provide verifiable security controls for cloud authentication, IoT, blockchain, and legacy financial transactions.  The RvT token enables multifactor authentication across devices, to achieve provable security at both the transaction and authentication level. The Rivetz solution uses technology that is already built in to hundreds of millions of mobile devices to assure the keys and transactions can not be altered or stolen by malware infecting the operating system. The token sale will open to the public on August 10, 2017 at 17:00 UTC.

Institutional buyers in the presale, including BnkToTheFuture and Tally Capital, are vocal in their support for Rivetz’s multifactor authentication solution.

“We are very supportive of the goals of Rivetz and happy to add it to our portfolio of tokens,” said Simon Dixon, CEO BnkToTheFuture.com. “Turning our phones into hardware wallets in a way that is scalable will be an important advancement as the world adjust to owning their own digital assets. Rivetz CEO Steven Sprague is a true expert in the field of security, and the perfect leader to bring this innovation in personal security forward.”

“The Rivetz token distribution is a groundbreaking moment in decentralized cybersecurity,” said Matthew Roszak, managing director of Tally Capital and co-founder of Bloq.  “Rivetz provides consumer protections and simplicity that will help blockchain applications achieve their next level of adoption.  This new platform will add a crucial new layer of protection to exchanges, wallet and new tokens to ensure a level of data integrity and identity protection never before available.”

The token sale is led by leading crowdfunding platform TokenMarket. For more information, visit https://rivetzintl.com. The team is available to answer questions on  Slack  or Telegram

About Rivetz

Rivetz is focused on solving problems associated with consumer and machine-to-machine digital transactions. Rivetz technology and services aim to provide a safer and easier-to-use model for all users to protect their digital assets using hardware-based trusted execution technology. The device aims to play a critical role in automating security and enabling the controls that users need to benefit from modern services. Rivetz leverages state-of-the-art cybersecurity tools to develop a modern model for users and their devices to interact with services on the Internet. For more information, visit www.rivetz.com

All product and company names herein may be trademarks of their registered owners.

Rivetz Media Contact: Transform Group, [email protected]

Rivetz Company Contact: [email protected]

TokenMarket Contact: Freya Stevens, [email protected]

Disclaimer: This is a sponsored press release and does not necessarily reflect the opinions of any The Merkle employees. This is not investment or trading advice, always do your own independent research.

Here’s What’s Next for the Bitcoin Bubble – Investopedia


Investopedia

Here’s What’s Next for the Bitcoin Bubble
Investopedia
At a recent price of $4,100, Bitcoin has more than doubled from its “Bloody Sunday” panic selloff from less than a month ago. It’s no secret that the crypto-bubble has arrived, the question now is: What happens next? If history is any guide, the crypto
Mainstream Acceptance of Bitcoin is Almost Certain, But We’re Not There YetCoinTelegraph
Bitcoin value reaches all-time high, blows past the $4000 markNotebookcheck.net (press release)
Bitcoin – Open Questions Behind the Surgefinews.com

all 8 news articles »


Investopedia

Here's What's Next for the Bitcoin Bubble
Investopedia
At a recent price of $4,100, Bitcoin has more than doubled from its “Bloody Sunday” panic selloff from less than a month ago. It's no secret that the crypto-bubble has arrived, the question now is: What happens next? If history is any guide, the crypto ...
Mainstream Acceptance of Bitcoin is Almost Certain, But We're Not There YetCoinTelegraph
Bitcoin value reaches all-time high, blows past the $4000 markNotebookcheck.net (press release)
Bitcoin – Open Questions Behind the Surgefinews.com

all 8 news articles »

10 Top Bitcoin Digital Wall Apps Worth Buying to Watch All Your Profits – TheStreet.com


TheStreet.com

10 Top Bitcoin Digital Wall Apps Worth Buying to Watch All Your Profits
TheStreet.com
Recently I had to open a Bitcoin account in order to accept payment from a client. I was overwhelmed with the number of Bitcoin wallets available. To make things easier for those looking to download their first Bitcoin wallet I’ve rounded up a list of

and more »


TheStreet.com

10 Top Bitcoin Digital Wall Apps Worth Buying to Watch All Your Profits
TheStreet.com
Recently I had to open a Bitcoin account in order to accept payment from a client. I was overwhelmed with the number of Bitcoin wallets available. To make things easier for those looking to download their first Bitcoin wallet I've rounded up a list of ...

and more »

Gold Investors VanEck Slams Bitcoin While Also Joining Hype

Gold-related investment managers VanEck are sending confusing messages as they call Bitcoin a fad one day, and the next file to sell a related investment product.

Gold-related investment managers VanEck are sending confusing messages as they call Bitcoin a fad one day, and the next file to sell a related investment product.

Bitcoin Bill Delayed as Russian Lawmakers Seek ‘Optimal Solution’ – CoinDesk


CoinDesk

Bitcoin Bill Delayed as Russian Lawmakers Seek ‘Optimal Solution’
CoinDesk
The ever-changing landscape for cryptocurrencies – she cited “serious fluctuations” in prices and the collapse of bitcoin exchange BTC-e as issues of concern – is also spurring some working group members to assess the progress thus far. Sidorenko went


CoinDesk

Bitcoin Bill Delayed as Russian Lawmakers Seek 'Optimal Solution'
CoinDesk
The ever-changing landscape for cryptocurrencies – she cited "serious fluctuations" in prices and the collapse of bitcoin exchange BTC-e as issues of concern – is also spurring some working group members to assess the progress thus far. Sidorenko went ...