Cryptosat Project Introduction, Team, Financing and News

Performances

RD Popularity Index

3233.33% (24h)

0100200300400500

Project Rank: 2615/15432

RD Growth Index

1341.48% (24h)

0400800120016002000

Project Rank: 4029/15432

Comparison

Fundraising

PProtocol Labs DDoraHacks IInflection

GGoAhead Ventures

Round	Amount	Valuation	Date	Source	Investor
Seed	$ 3M	--	Oct 27, 2022	--	PProtocol Labs IInflection DDoraHacksGGoAhead Ventures

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Details

Cryptosat is a company that leverages low-earth-orbit satellites to provide blockchain and cryptographic infrastructure services. It generates and broadcasts unpredictable randomness, trusted timestamps, and delay-encryption keys through hardware modules running on satellites, offering a physically isolated root of trust for smart contracts, cross-chain atomic swaps, sealed-bid auctions, and more. The core mechanism involves performing key generation and release processes on satellites, utilizing physical isolation and orbital motion to provide verifiable time delays, thereby enhancing the security and fairness of decentralized applications.

Tags:

Infra

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