{"id":16084,"date":"2023-01-03T22:13:43","date_gmt":"2023-01-03T22:13:43","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/cryptosat-launches-second-cryptographically-equipped-satellite-using-spacex-rocket\/"},"modified":"2023-01-03T22:13:45","modified_gmt":"2023-01-03T22:13:45","slug":"cryptosat-launches-second-cryptographically-equipped-satellite-using-spacex-rocket","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/cryptosat-launches-second-cryptographically-equipped-satellite-using-spacex-rocket\/","title":{"rendered":"Cryptosat launches second \u2018cryptographically-equipped\u2019 satellite using SpaceX rocket"},"content":{"rendered":"
The company behind a crypto-satellite module launched in May has announced that an additional piece of its blockchain-related infrastructure went into Earth orbit.<\/p>\n
According to an announcement, one of SpaceX\u2019s Falcon 9 launch vehicles carried a \u201ccryptographically-equipped\u201d Cryptosat satellite \u2014 called Crypto2 \u2014 into orbit on Jan. 3. The addition of Crypto2 to the firm\u2019s satellite constellation was part of efforts to make space a \u201cnew battleground in the quest for bulletproof cryptography\u201d by expanding its computational power. <\/p>\n
\u201cThe launch of Crypto2 gives us more availability and more powerful spec to support the growing portfolio of use cases in our development pipeline,\u201d said Cryptosat co-founder Yonatan Winetraub.<\/p>\n
Speaking to Cointelegraph, Winetraub said some of the use cases the firm was exploring with the satellites include data encrypted to a public key and retrieving a signed timestamp for applications like smart contracts. In addition, the satellite is capable of generating a cryptographic key pair and releasing a private key after a given amount of time in an effort to prevent \u201cpremature decryption.\u201d<\/p>\n
SpaceX launched the module as part of its Transporter 6 mission, which lifted off from Cape Canaveral Space Force Station at 2:56 pm UTC on Jan. 3. In addition to the Cryptosat payload, the Falcon 9 rocket carried 114 satellites into orbit for various operators worldwide.<\/p>\n