Dogecoin To Use SpaceX's Starlink For Offline Transactions

Comments
Loading...

Dogecoin DOGE/USD developers will roll out offline DOGE transactions using radio technology combined with SpaceX’s Starlink satellite network.

What Happened: In an April 11 blog post from the Dogecoin Foundation, developers Timothy Stebbing and Michi Lumin outlined how “RadioDoge” could enable DOGE transactions for people without internet access.

“RadioDoge focuses on using cheap and reliable Radio technology (HF/LoRaWAN) combined with the global Starlink satellite network to enable cheaply deployable, wide-scale access to Dogecoin for people outside the reach of the traditional internet infrastructure,” stated the developers.

Lumin spent the weekend setting up the RadioDoge “Regional Hub," which will provide a testing ground for the new technology.

This week, developers expect the first transactions formed on Libdogecoin to be transmitted over 150 miles from HF Radio in Colorado to the Regional Hub.

The Regional Hub will then submit the transactions to the Dogecoin testnet via the Starlink satellite.

“While there is still a long way to go, these are exciting early steps toward realizing the goal of making Dogecoin an unstoppable financial vehicle, one which will empower financial freedom from power structures and provide a means of exchange for future generations,” said Stebbing and Lumin.

At the time of writing, it was not clear whether SpaceX and Tesla Inc TSLA CEO Elon Musk was aware of Starlink satellites’ role in Dogecoin’s new features in development.

See Also: Dogecoin Sees Sudden Spike As Tesla Features Mascot At 'Cyber Rodeo' Event

Price Action: According to data from Benzinga Pro, DOGE was trading at $0.014, up 4.20% in the last 24 hours.

Market News and Data brought to you by Benzinga APIs

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!