Cryptocurrency Q&A
Does crypto work without internet?
Does crypto work without internet?
SamuraiHonor
Sun Oct 06 2024
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6 answers
1830
Can you please clarify for me, does cryptocurrency truly function without the internet? I'm curious as to how transactions are processed and verified without an active connection to the digital realm. It seems like a complex system that heavily relies on network connectivity and decentralized ledgers. Could you elaborate on the feasibility of crypto operations in a scenario where the internet is inaccessible or unreliable? I'm eager to understand the limitations and potential workarounds in such a situation.
6 answers
Bianca
Tue Oct 08 2024
Cryptocurrency transactions have evolved significantly in recent years, expanding their reach beyond traditional internet-reliant methods.
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CryptoPioneer
Tue Oct 08 2024
One innovative approach to facilitating Bitcoin transactions is through the utilization of satellite technology.
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KabukiPassion
Tue Oct 08 2024
Blockstream Satellite stands as a pioneering service in this regard, broadcasting real-time Bitcoin blockchain data across the globe via satellite.
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Maria
Mon Oct 07 2024
This groundbreaking technology enables users in remote or underserved areas, lacking reliable internet access, to engage with the Bitcoin network seamlessly.
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EthereumEagle
Mon Oct 07 2024
By removing the dependency on traditional internet infrastructure, Blockstream Satellite democratizes access to cryptocurrency transactions, fostering financial inclusion.
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