SpaceX will launch the first crypto satellite developed by Cryptosat into low-Earth orbit in Florida on the 26th local time in the United States.
The encrypted satellite, called “Crypto1,” is a coffee-cup-sized module that, in space, will provide a physically inaccessible and tamper-proof platform from which blockchain and ledger applications can be launched program.
Cryptosat co-founder Yan Michalevsky said this type of platform is the first to be a root of trust outside of the world (a source that is always trusted in a cryptographic system) and does not depend on other satellites from other companies.
Yan Michalevsky added that one of the most exciting applications of the module is building zero-knowledge proof protocols, which he said are often used for things like voting in decentralized autonomous organizations (DAOs), which can be used without revealing individual votes. make decisions under the circumstances.
