Spacecoin XYZ has successfully launched its first satellite into orbit, marking a significant milestone in establishing a decentralized physical infrastructure network (DePIN) beyond Earth. Launched as part of a SpaceX Falcon Heavy mission, the satellite represents the initial step towards a future fleet that aims to secure blockchain networks in outer space. Co-founder Daniel Bar mentioned that this satellite will be the first of several, with plans to deploy a constellation of seven to ten additional satellites by 2025 to activate the Spacecoin mainnet. The satellite includes two 'crypto engines' and a data module, powered by solar panels, which serve as essential components for the intended space data center. Dahlia Malkhi, a Spacecoin adviser, highlighted the satellite's uniqueness as a tamper-proof platform, offering unprecedented security levels away from Earth. Furthermore, the project introduces a two-tiered blockchain design, known as the 'Celestial Chain' and the 'Uncelestial' network, aiming to create a permanent record in space that may outlast humanity's presence on Earth. This ambitious project aims to set a foundation for future celestial commerce and decentralized networks.

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