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SpaceCoin Unveils Decentralized Satellite Internet Technologies 'SOLAR' and 'Lumen'
Technology Services · Internet Software/Services · yonhap_finance · 2026-09-02
Decentralized satellite internet project SpaceCoin has introduced its new SOLAR protocol and Lumen settlement system to enhance data security and transparency.
What Happened
Technology Unveiling: Decentralized satellite internet project SpaceCoin has officially introduced the technical architecture for its data transmission protocol, 'SOLAR,' and its settlement system, 'Lumen.' This announcement marks a significant step in the project's efforts to enhance transparency and user control within satellite internet services.
SOLAR Protocol: The SOLAR protocol is designed to strengthen security and privacy by allowing users to select the specific satellite paths for their data transmission. By granting users greater control over data routing, the protocol aims to overcome the limitations inherent in traditional centralized satellite internet systems.
Lumen Settlement: The Lumen system manages communication usage verification and billing, effectively mitigating the risk of fraudulent charges through a consensus-based mechanism. Charges are only processed when more than two-thirds of the service providers involved in handling the traffic provide matching signatures.
Efficiency and Rewards: SpaceCoin utilizes zero-knowledge proof technology to streamline the settlement process, with final settlements occurring on the Creditcoin network. Participating operators are rewarded with SPACE tokens based on their contributions to the network infrastructure.