Satellite orbiting Earth participates in the Ethereum KZG ceremony
The blockchain-powered satellite Cryptosat will be the contributor of the thousands that have already participated in the Ethereum KZG ceremony to do so from outer space. The Ethereum KZG ceremony, which aims to provide a cryptographic foundation for Ethereum scaling, has already had over 83,000 contributions of randomness from users all over the world. Now it’s receiving a contributor from outer space. Cryptosat, a blockchain-powered satellite orbiting Earth, announced its contribution of entropy from space on April 4 at 6 a.m. UTC. The contribution will be deployed from the Crypto2 satellite. According to the announcement from Cryptosat, the satellite orbits Earth every 90 minutes following a remote course 550 km above ground, which makes it difficult for outside actors to gain access during the KZG contribution. Cointelegraph h reached out to Cryptostat for a comment on the space-based contribution. Cryptosat has a Verifiable Random Beacon service, which will generate entropy for...