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5 y

Sending cryptocurrency through radio waves is now possible with off-grid solar-powered system

Many believe that cryptocurrency offers financial independence from banks and governments. However, one of the major issues is the dependence of blockchain on the power grid. Since blockchain cannot operate outside government infrastructure, how can it offer independence from the government? Moreover, how can one expect that crypto will replace cash if it cannot be used when the lights go out? To counter these issues, developers have come up with a solar-powered blockchain that can operate completely off-grid. The developers of Burst claim that they have already completed a solar-powered cryptocurrency transaction by using short burst radio waves, CCN reported. There are a number of other projects that have incorporated radio waves into their transaction process, but Burst is potentially the first that has fully performed an off-grid transaction. This is a great use case for cryptocurrency in areas with poor infrastructure or areas hit by natural disasters. Developer Daniel Jones tweeted, "It is with great honor I present to you the first $burst radio transaction. Solar powered, mesh net, and on chain." The solar-powered system was reportedly designed as a part of the Call For Code challenge. This challenge brings developers together to design technology that can be use for good, especially in humanitarian relief . Describing the project, Jones told CCN, “Radio is used in natural disasters and is an infrastructure we often overlook. Burst is mined with hard drives, it requires far less power. And as far as developing the radio piece, it’s done. It’s not hard to send a packet over radio, just got to use right tools and understand the myriad of regulations.” Burst will be helpful to people suffering from any disaster, natural or man-made, as they would be able to preserve value and can still carry out trading, even when banks and other on-grid blockchains are being blockaded or destroyed. Apart from this, the project also allows users to confirm whether they are alive and also send messages without disclosing their location. The purpose of the first transaction was explained by Jones, calling it a demonstration to show “Proof of Life." He said, “[The] transaction…was a multi factor verification of Proof of Life….  [D]uring a disaster…there could be cases where you may need to verify [that] someone is who they claim to be but without being able to see them …. [T]he wallet was assigned to someone who sent a transaction with the fee to show the target wallet they were ‘alive.’ This gives us some levels of certainty, wallet seed, target wallet known, and amount + fee or message content.” See also: UNICEF France to accept Bitcoin [BTC], Ethereum [ETH], XRP & other cryptos as donations Dash partners with cryptocurrency exchange Bitbns, announces no-fee service Image via Shutterstock Join our Telegram group
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Shiba Inu Whales Exiting From Exchanges: Is This Bullish? On-chain data shows the Shiba Inu whales have been withdrawing from exchanges recently. Here's what this could mean for SHIB's price.
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Aave: Is a rally on the cards? In a recent post on X (formerly Twitter), on-chain analytics firm Santiment said that the price of Aave [AAVE] might not reflect the...
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Aave: Is a rally on the cards? In a recent post on X (formerly Twitter), on-chain analytics firm Santiment said that the price of Aave [AAVE] might not reflect the...
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Meme Coin Launches Advertising Blitz Get the latest crypto and stock market news. Stay up-to-date with the latest trends and developments.
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Major Japanese Exchange Adds Support for Shiba Inu (SHIB) Coincheck has announced the addition of Shiba Inu (SHIB) to its trading services
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U.S. CFTC Approves Bitcoin Futures Platform Bitnomial's Derivatives Clearing Application The commissioners discussed issues like conflict of interest before ultimately voting in favor of the margined bitcoin futures company.
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U.S. CFTC Approves Bitcoin Futures Platform Bitnomial's Derivatives Clearing Application The commissioners discussed issues like conflict of interest before ultimately voting in favor of the margined bitcoin futures company.
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FTX Receives Authorization to Sell Billions Worth of BTC, ETH, and Sol FTX's legal team filed a request with the U.S. Bankruptcy Court for the District of Delaware, seeking approval to trade their cryptocurrency assets to repay creditors.
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Bitcoin vs. Marx: Two Competing Geopolitical Domino Theories Marxism and Bitcoin have one thing in common, the idea that a radical change in the structure of society will happen in a bottom up decentralized fashion. Which of them, if either, will succeed in that goal?
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Cronos, Partner of Crypto.com, to Start Layer 2 Network With Matter Labs The new "Cronos zkEVM chain" is launching initially as a test network, based on Matter Labs’ software tools, which can be used to spin up new layer 2 and layer 3 “hyperchains” atop Ethereum.
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Coins

#
FAV
NAME
PRICE
Portfolio
1H
24H
7D
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1
Bitcoin
Bitcoin
BTC
$ 64 163.92
$ - - - - -
( - - - - - )
Set your amount
OK
-0.53%
-0.81%
+1.59%
2
Ethereum
Ethereum
ETH
$ 3 141.07
$ - - - - -
( - - - - - )
Set your amount
OK
-0.59%
-0.54%
+2.42%
3
Tether USDt
Tether USDt
USDT
$ 0.999888
$ - - - - -
( - - - - - )
Set your amount
OK
0.00%
+0.03%
-0.07%
4
BNB
BNB
BNB
$ 612.79
$ - - - - -
( - - - - - )
Set your amount
OK
-0.25%
+0.92%
+11.68%
5
Solana
SOL
$ 142.97
$ - - - - -
( - - - - - )
Set your amount
OK
-1.50%
-3.83%
+2.48%
6
USDC
USDC
USDC
$ 1
$ - - - - -
( - - - - - )
Set your amount
OK
+0.01%
0.00%
0.00%
7
XRP
XRP
XRP
$ 0.521844
$ - - - - -
( - - - - - )
Set your amount
OK
-0.69%
-1.51%
+4.53%
8
Dogecoin
Dogecoin
DOGE
$ 0.149375
$ - - - - -
( - - - - - )
Set your amount
OK
-1.53%
-2.12%
-0.61%
9
Toncoin
TON
$ 5.39
$ - - - - -
( - - - - - )
Set your amount
OK
-0.50%
-3.75%
-17.53%
10
Cardano
Cardano
ADA
$ 0.467778
$ - - - - -
( - - - - - )
Set your amount
OK
-0.70%
-2.29%
+2.45%
11
Shiba Inu
SHIB
$ 0
$ - - - - -
( - - - - - )
Set your amount
OK
-1.61%
-2.14%
+12.48%
12
Avalanche
AVAX
$ 35.31
$ - - - - -
( - - - - - )
Set your amount
OK
-0.86%
-3.54%
+1.75%
13
TRON
TRON
TRX
$ 0.117161
$ - - - - -
( - - - - - )
Set your amount
OK
-0.03%
+3.05%
+7.39%
14
Polkadot
DOT
$ 6.80
$ - - - - -
( - - - - - )
Set your amount
OK
-0.89%
-2.57%
+0.45%
15
Bitcoin Cash
Bitcoin Cash
BCH
$ 474.74
$ - - - - -
( - - - - - )
Set your amount
OK
-0.90%
-1.85%
-1.06%
17
NEAR Protocol
NEAR
$ 7.15
$ - - - - -
( - - - - - )
Set your amount
OK
0.00%
+3.66%
+24.78%
18
Polygon
Polygon
MATIC
$ 0.717162
$ - - - - -
( - - - - - )
Set your amount
OK
-0.50%
+0.67%
+6.70%
19
Internet Computer
ICP
$ 13.58
$ - - - - -
( - - - - - )
Set your amount
OK
-1.81%
-1.68%
+6.33%
20
Litecoin
Litecoin
LTC
$ 84.27
$ - - - - -
( - - - - - )
Set your amount
OK
+0.46%
+0.80%
+4.55%
21
UNUS SED LEO
UNUS SED LEO
LEO
$ 5.84
$ - - - - -
( - - - - - )
Set your amount
OK
-0.18%
+1.24%
-0.32%