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SpaceChain Stock

SpaceChain

SPC

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0.03
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SpaceChain Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität

SpaceChain FAQ

{ "q": "about", "a": "SpaceChain (SPC) is a cryptocurrency token functioning on the Ethereum platform. It has a total supply of 391,259,212.5116576 tokens, with 307,182,729.62231934 currently in circulation. The most recent price of SpaceChain is 0.01907574 USD, reflecting a decrease of 1.66% over the past 24 hours. The token is actively traded on 17 markets, with a trading volume of $38,008.90 in the last 24 hours. Additional information is available at https://spacechain.com/. For market data, refer to Eulerpool.", "rank": "0" }

### What is SpaceChain? SpaceChain is a blockchain-based platform that aims to integrate space and blockchain technologies, facilitating a decentralized infrastructure for space applications. For detailed insights and comprehensive information about SpaceChain, refer to Eulerpool.

SpaceChain (SPC) is an innovative cryptocurrency that combines blockchain technology with space exploration, aiming to enhance accessibility and security in space endeavors. Specializing in the integration of blockchain with space technology, SpaceChain has secured a contract to develop and manage a Low Earth Orbit satellite mission. This mission is pioneering in that it will be the first to produce in-orbit encryption keys, thereby improving data security. The collaboration with VelasBlockchain represents another key milestone, positioning SpaceChain as one of the initial blockchains to operate in space. This partnership highlights the potential for the development and execution of decentralized applications in space, opening up new horizons for blockchain technology. SpaceChain employs a community incentive model utilizing SPC tokens, providing benefits such as improved security and more efficient, cost-effective money transfers. The digital asset wallet offered by SpaceChain further enhances security, ensuring robust protection of users' assets. The intersection of blockchain and space technology aims not only to secure data but also to democratize access to space. By harnessing the decentralized nature of blockchain, SpaceChain envisions a future where space missions and data become more transparent and accessible to a wider audience. For more information, SpaceChain (SPC) data can now be accessed on Eulerpool.

What are the practical applications of SpaceChain in the real world?

SpaceChain (SPC) is a cryptocurrency that merges blockchain technology with space applications, providing groundbreaking solutions that extend beyond conventional terrestrial uses. One of its primary practical applications is in the development and management of Low Earth Orbit (LEO) satellite missions. These missions aim to improve the security and efficiency of blockchain networks by using satellites to facilitate data transmission and storage. Additionally, SpaceChain generates encryption keys in orbit, which are essential for secure communication and data services. By capitalizing on the unique environment of space, these encryption keys offer an additional layer of security that is challenging to achieve with ground-based systems. This makes SpaceChain particularly valuable for sectors that require high levels of data protection, such as finance and telecommunications. SpaceChain also collaborates with other blockchain companies to operate in space, fostering a synergistic ecosystem that capitalizes on the strengths of multiple technologies. These partnerships aim to explore new possibilities for blockchain applications, including decentralized finance (DeFi) and smart contracts, in a space-based context. Moreover, SpaceChain's technology provides a secure and efficient way to transfer and store digital assets. By employing satellites, the network can bypass some vulnerabilities associated with terrestrial internet infrastructure, making transactions faster and more secure. This capability is especially pertinent for global payment systems, where speed and security are crucial. The potential to establish a new space economy is another exciting application of SpaceChain. By integrating blockchain with space technology, SpaceChain unlocks possibilities for new business models and economic activities that were previously unimaginable. This encompasses everything from space tourism to asteroid mining, all supported by a secure and transparent blockchain framework. SpaceChain's innovative approach to combining blockchain and space technology offers a range of practical applications that enhance security, efficiency, and the potential for new economic opportunities.

What significant events have occurred for SpaceChain?

SpaceChain (SPC) has been advancing the integration of blockchain technology with space applications, with its journey characterized by several significant events that have shaped its development and impact. A critical milestone for SpaceChain was its collaboration with SpaceBelt Telecom Services. This contract was aimed at building and deploying a secure, space-based data storage network by leveraging blockchain technology to enhance data security and integrity. The partnership emphasized SpaceChain's dedication to utilizing space infrastructure for blockchain applications. Another noteworthy event was SpaceChain's partnership with VelasBlockchain. This collaboration aimed to integrate Velas' blockchain technology with SpaceChain's space-based infrastructure, enhancing the capabilities and reach of both parties. This partnership highlighted the potential of combining blockchain technology with space-based assets to create more resilient and secure systems. In a significant achievement, SpaceChain successfully launched a satellite equipped with a Qtum full node. This event demonstrated the feasibility of deploying blockchain nodes in space, paving the way for more decentralized and secure blockchain networks. The launch exemplified SpaceChain's innovative approach to leveraging space technology for blockchain applications. Furthermore, SpaceChain has been actively pursuing partnerships and collaborations to expand its presence in the cryptocurrency market. Notably, it has formed partnerships with companies such as Cloud Constellation Corporation and Spire. These collaborations have enabled SpaceChain to utilize existing satellites to demonstrate the feasibility of blockchain technology in space, further solidifying its market position. In addition to these partnerships, SpaceChain has been involved in various initiatives to promote the adoption of blockchain technology in space. For example, it has been working on developing secure satellite-based communication networks that leverage blockchain technology to ensure data integrity and security. These key events underscore SpaceChain's innovative approach to integrating blockchain technology with space applications, illustrating the potential of this unique combination to create more secure and decentralized systems.

Who founded SpaceChain?

SpaceChain (SPC) is a cryptocurrency project designed to merge blockchain technology with space applications. The project was founded by Zee Zheng, Jeff Garzik, and Xiaoning Nan. Zee Zheng, a serial entrepreneur with expertise in finance and technology, is instrumental in advancing the project's vision and strategic direction. Jeff Garzik, a well-known expert in the blockchain domain and a former Bitcoin core developer, provides substantial technical knowledge to the team. Xiaoning Nan, with his background in satellite technology and aerospace, plays a key role in the project's space-focused initiatives. You can find more details about SpaceChain's market performance and other metrics on Eulerpool.

Investors interested in SpaceChain are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.