jo on Nostr: Asked AI about future use of bitcoin on Mars: "Using Bitcoin on Mars is possible but ...
Asked AI about future use of bitcoin on Mars:
"Using Bitcoin on Mars is possible but would face big challenges due to communication delays and energy constraints. Signal delays between Earth and Mars (up to 44 minutes round-trip) would make Earth-based networks impractical. Mars might need its own blockchain (“MarsCoin”) or a layered solution to sync with Earth occasionally. Mining could also be difficult due to limited energy sources. Instead, Martians might rely on stablecoins or Bitcoin layer-2 networks (like the Lightning Network) for faster, local transactions with Earth settlements happening periodically."
"Using Bitcoin on Mars is possible but would face big challenges due to communication delays and energy constraints. Signal delays between Earth and Mars (up to 44 minutes round-trip) would make Earth-based networks impractical. Mars might need its own blockchain (“MarsCoin”) or a layered solution to sync with Earth occasionally. Mining could also be difficult due to limited energy sources. Instead, Martians might rely on stablecoins or Bitcoin layer-2 networks (like the Lightning Network) for faster, local transactions with Earth settlements happening periodically."