Solana Labs’ Co-Founder Anatoly Yakovenko has unveiled a new blockchain protocol named BunkerCoin, designed specifically for environments with limited bandwidth, including compatibility with shortwave radio technology.
The announcement coincides with the publication of the BunkerCoin white paper, titled “BunkerCoin: A Low Bandwidth, Shortwave Radio-Compatible Blockchain Protocol,” offering a comprehensive technical overview.
BunkerCoin leverages innovative technologies such as a recursive Zero-Knowledge Proof hash function and a proof of elapsed time Verifiable Delay Function (VDF). These features enable miners to identify a crucial ‘golden ticket’ necessary for block validation and transaction integrity.
To address the challenge of data transmission over shortwave radio, BunkerCoin optimizes for a 300-byte Maximum Transmission Unit (MTU). This is achieved through the implementation of erasure-coded frames, ensuring reliable data transmission and network robustness in low-bandwidth conditions. The protocol adopts a Nakamoto-style longest-chain rule, synergizing with transmission and validation methods to uphold network security.
Potential investors should exercise caution due to the presence of scam coins masquerading as “BunkerCoin” on popular blockchains like Solana, Ethereum, Polygon, and Base. It is advisable to await confirmation and further details directly from Yakovenko before considering investment.
Yakovenko’s introduction of BunkerCoin may be a strategic move to mitigate the volatility associated with meme coins on Solana, which surged in popularity starting December 2023. While meme coins have been criticized, BitMEX Co-Founder Arthur Hayes emphasizes their role in attracting new users and developers, thus contributing to blockchain development.