Bitcoin as Interplanetary Currency: New Research Proposes Space Trade System

A new research paper proposes utilizing Bitcoin for interplanetary trade between Earth and Mars, introducing a novel method called Proof-of-Transit Timestamping (PoTT) to handle the unique challenges of communication between those planets. This system, developed by José E. Puente and Carlos Puente, aims to overcome the hurdles posed by latency and unreliable network connections. While the proposal has not garnered substantial financial backing or widespread industry support, it presents an intriguing vision for the future of space commerce. 💰