Bitcoin Trading Without the Internet

Do repost and rate:

 

Hello to my friends who love life and keep smiling despite all negativity. In this article, I ask you the question “Can you buy cryptocurrency without internet?”. This has never occurred to you, right? Let's see how we can do it. Let's learn together…

There are several different ways to send and receive cryptocurrencies without an internet connection.

You will need the goTenna mesh device. This device helps to create a network between you and other goTenna users. The device paired with your phone allows information transfer without cellular data or Wi-Fi using UHF frequencies.

 

In 2018, goTenna partnered with popular cryptocurrency wallet Samourai Wallet to create a physical communication layer for Bitcoin transactions. With this partnership, an application called TxTenna was developed. The application works by creating a channel between Samourai Wallet and goTenna mesh device.

 

Users create a standard cryptocurrency transaction in Samourai Wallet as usual, without internet access, and this transaction information is sent to nearby mesh nodes via the paired goTenna mesh device. Each goTenna device transfers the transaction information to another device until it reaches a device that is connected to the internet and runs the TxTenna application at the same time. When this last device is synchronized with a phone, your transaction information is sent to the cryptocurrency network.

 

 

The other option is satellites;

The method of sending cryptocurrency without the Internet is not just the method described above. Blockstream company also has a powerful solution in this regard.

Blockstream has been working on developing systems that will enable Bitcoin transactions without the need for internet for years. In fact, Bitcoin transfers can be made without internet with the network called Blockstream Satellite. Blockstream Satellite is a satellite network created to download Bitcoin full node even if there is no internet connection. As long as Blockstream has a Bitcoin Satellite kit and any satellite dish, it is possible to make Bitcoin transactions via satellite. Thus, as in many parts of the world, protection is provided against internet interruptions.

Currently, most of the world is in the coverage of Blockstream Satellite.

Finally, radio waves are another option for offline Bitcoin trading. This option has no practical use yet and is being developed. In 2019, the developer, located in different countries, carried out a successful Bitcoin transfer over radio waves. But it is currently in an experimental stage.

In finishing…

We are in an age when governments are happy to censor or shut down networks. It is reassuring to know that cryptocurrency can operate without internet. After all, network censorship is not a dystopian story, but a force used by many democratic governments around the world. Fortunately, there are solutions that allow people to send and receive cryptocurrency even in the worst case scenario.

As I always said, listen to everyone, decide for yourself ...

I'm looking forward to your comments. Thanks to your comments, we can shape my next articles together. Let's stay in touch… Take care of yourself so that you and the people around you are happy…

 

Regulation and Society adoption

Events&meetings

Ждем новостей

Нет новых страниц

Следующая новость