Jeff Garzik is a escapist . You bed , the kind of guy who plausibly thought that he could wing with his red cape when he was younger . ( mark : As a bambino , I unsuccessfully try out to fly several times . ) But now Jeff Garzik is expect higher . He ’s look to space , and he need Bitcoin to live there .
No , seriously . Garzikrecently proposed a plan to institutionalize a Bitcoin reckoner into spacewith an inexpensive CubeSat , so that there would always be a node in the internet that hackers could n’t crack . The CubeSat would be able to communicate with Bitcoin computer on Earth by wireless .
It sounds crazy , but it ’s actually not a tough idea . As Wired ’s Robert McMillan guide out , Bitcoin computers are vulnerable to so - called Sibyl attacks . “ It could give outlaw a manner of spending their bitcoins more than once , ” heexplained in a late blog post , “ and it ’s also part of the so - calledselfish mineworker scenariothat Cornell University researchers described last calendar month , saying it could bring down the integral organisation . ” play down the entire organization ? That ca n’t be adept .
Garzik is serious , and he ’s already elevate 37 Bitcoins — about $ 37,000 at current exchange rates . Trips to space are more expensive than that , of course , but the escapist thinks he can get everything together and have a Bitcoin electronic computer in space in only three to five years . It’snot the first such architectural plan , either . [ Bitcoin ForumviaWired ]
Image via Flickr /antanacoins
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