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Bitcoin News

Pixelmatic Sends Bitcoin From Space to Astronaut Hadfield

Legendary Canadian astronaut and former commander of the International Space Station, Col. Chris Hadfield received his first Bitcoin worth $100, and that too, directly from space. The BTC was sent by blockchain-based gaming platform Pixelmatic, who executed the transaction directly from the Blockstream satellite to Col. Hadfield’s Pixel Green Wallet.

https://twitter.com/Pixelmatic/status/1285108591972638720

Pixelmatic CEO Samson Mow transferred the value first to the Blockstream Satellite in the geosynchronous orbit (Telstar 11N, Galaxy 18, Eutelsat 113), which was then transferred to the Col. Hadfield’s wallet account. The whole process was demonstrated live during the recently concluded 2020 Asia Blockchain Summit virtual conference, in which the former fighter pilot for the Royal Canadian Air Force participated. This was an exclusive transaction executed from space, as generally, the satellite sends the transactions in the BTC member pool for broadcast.

More than anything else this demonstrates the prowess of the crypto industry and what it is capable of. There’s a section of the financial industry that considers Bitcoin as a hoax and a bubble that could burst any moment. But time and again, the industry has proved its legitimacy indicating that it is truly the future of the global monetary system. Involvement of a name as renowned in the space industry as Col. Hadfield shows how confident the industry has become, and therefore, the critics need to sit down and reassess their stand.

Ritu Lavania

Ritu Lavania is a full-time Web3 content writer with over three years of experience in the crypto industry. With the CoinNewsSpan team, she creates well-researched and engaging content that grabs the attention of readers. Her content has also been featured in TheCryptoTimes and The Coin Edition, and she is thus well-known in the crypto community. Being a research specialist, SEO expert, and creative writer, she produces content for various audiences. Apart from crypto, Ritu is passionate about education, loves teaching children, and is a poet. Staying current with blockchain trends at all times, she is of the opinion that storytelling brings otherwise daunting crypto subjects within reach and interesting.