Venezuela sees its first Blockstream Bitcoin satellite node

Cointelegraph

Published Sep 29, 2020 05:10AM ET

Updated Sep 29, 2020 06:40AM ET

A Bitcoin services startup based in South America has just launched the first Bitcoin node connected to the Blockstream satellite network within Venezuela.

According to a Sept. 25 blog post from startup Cryptobuyer, the launch of the node will keep the Bitcoin (BTC) blockchain updated for Venezuela users without being dependent on a local internet connection. Crypto training course provider AnibalCripto deployed the node while CryptoBuyer provided financial and logistical support.

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