Bitcoin Satellite Node Kit

The manager of AnibalCripto commented that the node works by receiving data from Blockstream’s EUTELSAT13 satellite –the company’s satellite planned for Latin America– and these are received by a satellite dish or satellite dish to later be decoded and presented to the user in real-time.

To access the satellite node, users must buy the kit on the Blockstream page with which they will connect to the node and receive the satellite signal. At this point, Garrido clarified that the user who does it must have some knowledge about computing, computing, and/or API to be able to successfully perform the installation and consequently run the node.

Knowledge in these areas is necessary because to make the installation successful, users must access an API interface via Ubuntu, which communicates with the node. All the API information is inside the Blockstream page, and with this, you can proceed to the installation. However, for this, Garrido indicates, it is necessary to know the subject since it involves relevant technical aspects.

The kit has a value of $399.99 for the basic version and $899.99 for the pro version. It is important to highlight that for the average income of a Venezuelan these amounts are quite difficult to pay.

No internet needed

Having access to this tool implies that users do not need an ISP (Internet Service Provider) to enter the Bitcoin Blockchain. Everything works through the satellite network, which receives and relays the data as a signal. The initiative allows transactions that take to confirm the same amount of time that it would take with an internet connection.

“The only way for a transaction to be late is for something to happen directly with the network or the mempool. But the satellite node could not incur any delay,” he said.

One of the main objectives of this initiative is to generate connectivity. Garrido indicated that they seek to be on the air even in the event of a blackout that leaves them without electricity.

It is an alternative for Venezuelans to have permanent access to the Bitcoin network. It is worth noting that this country has one of the worst Internet connections in the world, which greatly affects crypto users. Constant power outages and failures in the few Internet providers make connectivity in Venezuela inconvenient for everyone.

In addition to instability, Venezuelans must also struggle with the slowness of the connection. While the average speed in the region is 5mbps, which of Venezuela is just 1.7 Mbps. The Ookla Company ranks the Caribbean country as the slowest connection, and another study by the Economic Commission for Latin America and the Caribbean (Cepal) describes it as the worst connection in Latin America.

The arrival of this satellite node does not end here. This first node was installed in the city of Valencia by Aníbal Garrido and the programmer Álvaro Pérez. However, CryptoBuyer indicated that two more would be installed in the city of Caracas and in the state of Bolívar to guarantee coverage throughout the country.

By: Jenson Nuñez.

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