LEO Satellites are spacecraft orbiting close to Earth, primarily used for global communication and data services. These satellites operate at altitudes typically between 500 and 2,000 kilometers, offering lower latency and requiring less power than geostationary satellites. They are deployed in constellations to provide continuous coverage, enabling internet access and data transmission in remote areas. Their characteristics make them suitable for certain decentralized network applications.
Context
In crypto news, LEO satellites are sometimes discussed in the context of decentralized internet projects and efforts to provide resilient, censorship-resistant blockchain connectivity. Their potential to bypass traditional internet infrastructure offers solutions for areas with limited access or during network disruptions. The ongoing development of satellite internet services suggests future possibilities for expanding global blockchain access.
J.P. Morgan's Kinexys unit successfully piloted a blockchain-based tokenized value transfer between orbiting satellites, establishing a foundational infrastructure for a future machine-to-machine space economy.
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