š Bitcoin Could Go Interplanetary: New āProof-of-Transit Timestampingā May Send BTC to Mars in Minutes
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A new white paper from tech entrepreneur Jose E. Puente and colleague Carlos Puente outlines how Bitcoin transactions might one day zip from Earth to Mars in as little as three minutesāusing technology that largely exists today.
How āProof-of-Transit Timestampingā (PoTT) Works
Layer on Bitcoin & Lightning: PoTT acts as a receipt layer on top of the Bitcoin blockchain and the Lightning Network.
Hops and Stamps: A transaction would hop through ground antennas, satellites, or lunar relays. Each relay stamps the packet with time-in and time-out dataālike a passport getting stamped at every border.
Transparent Path: By the time a payment lands on Mars, every stop is verifiable, ensuring security and accountability.
Puente explains:
āThe moment thereās a stable EarthāMars link, PoTT can ride on top, making Bitcoin the first currency to operate cleanly across planets.ā
Speed and Reliability
Fast transfers: Lightning-based payments could arrive on Mars in 3ā22 minutes, depending on orbital distance.
Solar blackout workaround: PoTT envisions relay satellites to route around the Sun during the two-week communication blackout that happens every 26 months.
ļø Building on Space-Bitcoin History
Blockstream satellites (2018): Enabled Bitcoin broadcasts from space.
SpaceChain ISS transaction (2020): Proved BTC can be sent and confirmed off Earth.
But to complete a Mars transaction, someoneāor some AIāmust actually be on Mars to receive it.
ļø
Why Bitcoin Fits an Interplanetary Economy
Open and neutral: No single government or company controls it.
Lightning scalability: Solves Elon Muskās concern over Bitcoinās 10-minute block time.
Planet-agnostic: PoTTās ātravel receiptsā could work for the Moon or any other planet within a starās habitable zone.
Puente puts it simply:
āIf weāre serious about a multi-planet civilization, we need an open, neutral monetary base. PoTT plus Lightning delivers local speed with globalāand interplanetaryāsettlement.ā
šŖ The Road Ahead
SpaceX aims for a human presence on Mars by 2026, but until someone is there to accept crypto, PoTT remains a near-term demo. Still, Puente says tests can start now using simulated Mars delays and existing satellite links like NASAās optical relays or Starlink.
Takeaway:
PoTT could turn Bitcoin into the first truly interplanetary currency, enabling instant commerce between Earth, the Moon, and Mars. As humanity prepares for a multi-planet future, blockchain might not just stay on Earthāit could follow us across the solar system.