Former radio ham plans Bitcoin CubeSat

A CubeSat in Space

Archive image of a 1U CubeSat in Space

Former radio amateur Jeff Garzik ex-KB4UZB plans to develop a CubeSat BitSat to distribute block chain data for the digital currency Bitcoin.

Jeff’s amateur radio license expired in 2006 and in recent years during his spare time he has been a Bitcoin core-developer, contributing to the core Bitcoin protocol.

He says that a satellite node could help defend the Bitcoin network from a Sibyl attack, which is where malicious computers flood a node on the peer-to-peer network with bad data.

It is reported that so far he has raised 37 Bitcoins (about $32,000) in funding for the project.

Read the Wired Magazine article Bitcoins in Space: Hacker to Fire Digital Currency Into Orbit
http://www.wired.com/wiredenterprise/2013/12/bitcoin_space/

Read the Bitcoins in space! thread at
https://bitcointalk.org/index.php?topic=334701.0

BitPay Hires Bitcoin Core-Developer Jeff Garzik
http://www.businesswire.com/news/home/20130514006754/en/BitPay-Hires-Bitcoin-Core-Developer-Jeff-Garzik

Explanation of Bitcoin in PC-PRO Magazine
http://www.pcpro.co.uk/features/384190/how-to-earn-spend-and-mine-bitcoins

UPDATE Feb 5, 2014 https://docs.google.com/viewer?a=v&pid=sites&srcid=ZHVudmVnYW5zcGFjZS5jb218ZHVudmVnYW4tc3BhY2Utc3lzdGVtcy1pbmN8Z3g6MWJjYzAyZDY0NTdlMmQ0MA