Sydney (getlololo)

Race #39

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Official speed 66.59 wpm (58.75 seconds elapsed during race)
Race Start August 21, 2012 5:42:32pm UTC
Race Finish August 21, 2012 5:43:31pm UTC
Outcome No win (2 of 2)
Accuracy 91.0%
Points 0.00
Text #463 (Length: 326 characters)

The basic concept is simple: a satellite in geosynchronous orbit is connected by cable to a stationary or mobile platform somewhere on Earth's equator. An elevator would ride up and down the cable at a fraction of present costs. Many sane and sober people believe that a space elevator will be constructed within this century.