Venezuela deployed its first Bitcoin satellite node.
It allows for a node on the ground to receive Bitcoin transaction details from a Blockstream satellite without internet.
Venezuela has poor internet connectivity.
Venezuela has its first Bitcoin satellite node capable of processing transactions without an internet connection.
The Venezuelan “space node” was set up in the country by Anibal Garrido and the Anibal Cripto team. It uses technology from Blockstream, which contracts satellites—in this case, EUTELSAT-113 – to broadcast data between points via offline connections. That’s huge in a country where internet infrastructure is lacking.