Dogecoin Explores Offline Transactions With Starlink
2022.04.14 17:46
Dogecoin Explores Offline Transactions With Starlink
Two of Elon Musk’s favorites may soon join forces to start the new era of offline crypto transactions.
The Dogecoin Foundation shared a sneak peek of the RadioDoge project that could make offline Dogecoin transfers possible if combined with the Starlink technology.
The new communication network project is voluntarily run by two key devs at Dogecoin Foundation who aim to bring a payment solution for 1.7 billion of people without banking services, partially caused because of the lack of internet connection.
Dogecoin Transactions without internet access?Yes! It will be possible with the project “Radio Doge”, which focuses on using Radio technology combined with the global Starlink satellite network to enable access to #Dogecoin for people outside the reach of internet. @elonmusk pic.twitter.com/Z7ymzt9GSI
— DogeDesigner (@cb_doge) April 11, 2022
As both project creators, Timothy Stebbing and Michi Lumin explain, RadioDoge focuses on using radio HF/LoRaWAN technology combined with a global Starlink satellite network to enable Dogecoin transactions for people who are outside the reach of traditional internet connection.
The team has been exploring technology for a few months already. They also successfully tested the Libdogecoin programming library to enable Dogecoin transactions and settled the first “regional hub” in Colorado, necessary to provide testing ground for the RadioDoge.
Reportedly, project creators plan to test the first Dogecoin offline transaction this week. The transfer should happen between two objects 150 miles away from each other, it will also be transmitted via the Starlink satellite network.
“While there is still a long way to go, these are exciting early steps toward realizing the goal of making Dogecoin an unstoppable financial vehicle, one which will empower financial freedom from power structures and provide a means of exchange for future generations”, say RadioDoge project creators.
The DOGE-lover and Starlink CEO Elon Musk, however, has not issued any tweet or comment regarding the RadioDoge Initiative yet.
Earlier this month, his recent almost $2.4 billion investment in Twitter’s shares was disclosed. Prior to that Musk teased his 81 million followers with thoughts on creating a social media platform that might accept Dogecoin payments. Soon after he suggested DOGE payments to be considered for the Twitter (NYSE:TWTR) Blue subscription service.
In addition to that, Elon Musk offered to acquire all of the outstanding common stocks of Twitter for $54.20 per share. Twitter’s board of directors is currently reviewing his proposal.
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