Spacecoin XYZ has achieved a groundbreaking milestone by launching its first satellite into Earth’s orbit, marking the inception of its revolutionary blockchain-secured outer space network. The satellite, part of a SpaceX Falcon Heavy mission, lifted off from California on December 21, setting the stage for a futuristic convergence of blockchain technology and space exploration.

Co-founder Daniel Bar heralded the event as the first major achievement toward establishing the “Spacecoin layer” in orbit. This initial satellite, equipped with two compact "crypto engines" and a data module, will pave the way for a network of seven to ten satellites planned for deployment in 2025. Once operational, this satellite constellation will bring the Spacecoin mainnet online, offering unparalleled security and functionality.

Adviser Dahlia Malkhi, a computer science professor at UC Santa Barbara, emphasized the satellite's potential to act as an extraterrestrial backup for blockchain networks, as well as a marketplace for “celestial services.” The primary focus, however, is to establish Spacecoin as a space-based data center with tamper-proof hardware capabilities. Malkhi noted that the secure deployment ensures the satellite’s hardware cannot be manipulated, making it a trusted platform for sensitive blockchain operations.

On November 1, Spacecoin unveiled its visionary Blue Paper, outlining the creation of a decentralized physical infrastructure network (DePIN). The project’s unique architecture includes an outer space layer-1 blockchain, the "Celestial Chain," paired with Earth-based layer-2 state chains, the "Uncelestial" network.

With ambitions to merge blockchain and space, Spacecoin XYZ is not just redefining technology but also inspiring a new frontier for decentralized innovation.