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From Black Holes to Blockchains: Astronomy and Decentralized Tech

From Black Holes to Blockchains: Astronomy and Decentralized Tech

By Amogh Sadvelkar

Cosmofluencer (Season 2)

Gazing at the starry expanse, it’s easy to feel utterly dwarfed by the infinite cosmic mystery. But amidst the celestial ballet, a new dance partner has emerged: Blockchain Technology. Yes, the same tech powering cryptocurrencies is now unlocking exciting possibilities in the field of astronomy. Buckle up, space cadets, because we’re about to blast off on a journey where transparency, collaboration, and innovation redefine the future of stargazing.

Let’s Start With What Blockchain Is

A blockchain is a shared, digital ledger that records transactions and tracks assets in a secure and transparent way. Imagine it as a giant, decentralized spreadsheet that everyone on the network can access and see. Each block in the chain contains a timestamp, data (such as transaction details), and a unique cryptographic hash (Encrypted Text) that links it to the previous block. This creates an immutable chain of blocks, making it virtually impossible to tamper with or hack the data.

Now Let's Simplify It

A blockchain is like a super secure digital notebook that keeps a record of transactions and keeps track of stuff. Picture a huge online spreadsheet that anyone in the network can check out. Each entry in this spreadsheet has a time stamp, details about the transaction, and a special code that connects it to the entry before it. This creates a super tough chain that can’t be changed or messed with easily, making sure the information is safe and reliable.

How Does Blockchain Work?

Blockchain works by creating a decentralised and secure digital ledger that records transactions and maintains a transparent history of assets. Think of it as a digital journal. Here’s a simplified step-by-step explanation of how it works:

  1. Making Entries: Whenever someone wants to record a transaction or something important, they write it in the journal.
  2. Sharing with Friends: This digital journal is not owned by one person; it’s shared with many friends. Everyone has a copy.
  3. Checking and Confirming: When someone adds something new, their friends check to make sure it’s okay. For example, if you’re giving them a digital coin, they check if you really have it.
  4. Grouping Entries: All the approved entries get grouped in a “block.” This block has a special code that connects it to the previous block in the journal.
  5. Creating a Chain: Blocks are linked, creating a chain. Once a block is added, it’s almost like a lock—very hard to change without everyone noticing.
  6. Everybody’s Copy Updates: Now, every friend’s journal gets updated with the new block. This way, everyone has the same information.
  7. Safe and Reliable: Because everyone has the same journal, it’s really hard for anyone to cheat or mess with the information. It’s safe and reliable.

So, a blockchain is like a shared, secure digital journal where everyone can see and agree on what’s happening. It’s a way of keeping things honest and trustworthy when dealing with digital transactions or records.

Decentralizing Discovery

Remember that nagging voice questioning the validity of astronomical claims?

Blockchain comes to the rescue with its inherent immutability. Every observation, analysis, and conclusion can be securely logged on a distributed ledger (secured Database), eliminating concerns about data manipulation or hidden agendas. This newfound trust fosters open data sharing, allowing researchers worldwide to collaboratively build on each other’s findings, accelerating the pace of discovery.

Crowdsourcing the Cosmos

Astronomy generates massive amounts of data. Analysing all of it is a herculean (difficult) task, even for supercomputers. Enter decentralised computing platforms powered by blockchain. By harnessing the collective processing power of volunteers (i.e. collection of computers), researchers can tackle massive datasets with unprecedented speed and efficiency. Imagine thousands of citizen scientists, in their pyjamas, scanning for signs of alien life – a cosmic SETI@home 2.0!

From Big Bang to Blockchain

Space exploration is expensive, often limiting access to private companies and government agencies. But blockchain can democratise space. Tokenisation opens doors for crowdfunding space missions, allowing everyone to invest and share in the rewards of galactic endeavours like mutual funds for space companies. Imagine owning a fraction of a satellite searching for exoplanets or a rover exploring Mars – the possibilities are truly out of this world!

Current (left) and future (right) combined crowdfunding and crowdworking processes. Smart Contracts are contracts stored digitally online which execute automatically

Recent Projects Taking Flight

  • Hadron Project: This blockchain-based platform uses AI to analyse astronomical data, improving model accuracy and potentially leading to groundbreaking discoveries.
  • ConsenSys Space: This subsidiary of a leading blockchain firm aims to revolutionise satellite technology by creating a decentralised database for monitoring orbital positions and ensuring safety in an increasingly crowded space.
  • Aikon: This platform empowers developers to monetise their work in the space industry, fostering innovation and attracting new talent to the field.

Other Potential Applications

  • Satellite collision avoidance: As the number of satellites in orbit increases, the risk of collisions rises. Blockchain-based databases can track satellite positions and trajectories, aiding in collision prevention and ensuring safe space operations.
  • Decentralised space marketplaces: Blockchain can facilitate peer-to-peer transactions between satellites, enabling them to buy and sell services like data sharing, image capture, or weather analysis. This could create a more efficient and dynamic space economy.
  • Decentralized autonomous telescopes (DATs): Blockchain can enable DATs, where users pool funds to manage and control telescopes remotely. This would democratise access to astronomical data and encourage citizen science initiatives.

The Future Lies in the Stars (and Blockchains)

It’s still in the early days, but the fusion of astronomy and blockchain holds immense promise. From verifying data to democratising space exploration, this tech revolution is poised to rewrite the narrative of astronomical research. So, the next time you gaze at the night sky, remember: the future of the cosmos might just be powered by the invisible threads of blockchain technology.

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