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Dogecoin Explores Offline Transactions With Starlink

Two of Elon Musk’s favorites may soon join forces to start a new era of offline crypto transactions.

The Dogecoin Foundation shared a sneak peek of the ‘RadioDoge’ project, which could make offline Dogecoin transfers possible if combined with Starlink technology.

The new communication network project is voluntarily run by two key devs at the Dogecoin Foundation who are aiming to bring payment solutions to the 1.7 billion people without access to banking services, a significant portion of whom are unbanked due to a lack of internet connection.

As both project creators, Timothy Stebbing and Michi Lumin explain, RadioDoge focuses on using radio HF/LoRaWAN technology, combined with a global Starlink satellite network to facilitate Dogecoin transactions for people who are outside the reach of a traditional internet connection.

The team has been exploring the technology for a few months already, having also successfully tested the Libdogecoin programming library to enable Dogecoin transactions, settling their first “regional hub” in Colorado as a necessity for the provision of a RadioDoge testing ground. 

Reportedly, the project’s creators are planning to test the first offline Dogecoin transaction this week. The transfer is expected to be carried out between two objects 150 miles apart from each other, and will also be transmitted via the Starlink satellite network.

“While there is still a long way to go, these are exciting early steps toward realizing the goal of making Dogecoin an unstoppable financial vehicle, one which will empower financial freedom from power structures and provide a means of exchange for future generations”, highlighted RadioDoge’s creators.

dogecoin starlink radiodoge

DOGE-lover and Starlink CEO Elon Musk, however, has not yet issued any tweets or comments regarding the RadioDoge initiative. 

Earlier this month, the mogul’s $2.4 billion investment in Twitter’s shares was disclosed. Prior to the news, Musk had given his 81 million followers a teaser, eliciting their thoughts on the concept of a social media platform that would accept Dogecoin payments. Soon after, he proposed DOGE payments for consideration for the Twitter Blue subscription service. 

Elon Musk has since offered to acquire all of the outstanding common stocks of Twitter for $54.20 per share. Twitter’s board of directors is currently reviewing his proposal.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed to be financial legal or tax advice. Trading Forex, cryptocurrencies, and CFDs poses a considerable risk of loss

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Author

Simona is a fintech journalist and content editor at DailyCoin Academy, which focuses on educating new crypto investors. She entered the crypto space in early 2018, got burned, but discovered a passion for trading, and now it’s her hobby. Simona covers crypto and blockchain-related topics and takes a deeper look at what lies behind the latest industry trends.