Pr-Hof Law

A Leading Technology, Data Protection & Cyber Law Firm

Cryptosat’s Satellite Orbiting Earth Participates In The Ethereum KZG Ceremony

Seeing Cryptosat satellites serve the protocol development of #Ethereum – the world’s most expansive #blockchain network is an important achievement for the team, especially considering it’s been less than a year since the launch of the first satellite, Crypto1, into orbit.

Considering the prominence of Ethereum in the blockchain ecosystem, the significance of scaling the Ethereum blockchain cannot be understated. We’re absolutely thrilled that the Ethereum Foundation funded the execution of the #KZG scheme using our client’s satellite’s trusted setup ceremony.

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