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BlockNews
Home BREAKING NEWS

Bitcoin Enthusiast Spends $64K to Add 9MB of Data to Blockchain

BlockNews.com Team by BlockNews.com Team
January 8, 2024
in BREAKING NEWS, CRYPTO, INVESTING
Reading Time: 3 mins read
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  • A mysterious Bitcoiner spent $64,000 in fees to inscribe 9MB of encrypted binary data across 332 transactions on January 6th. The identity and motive behind the unusual inscription spree is unknown.
  • The raw binary data is encrypted and so far undecipherable, even with AI tools. It contains a mix of English letters, Greek letters, and math symbols.
  • Two transactions are marked with a pizza emoji, indicating they contain satoshis from the 10,000 BTC Laszlo Hanyecz spent on pizzas in 2010.

A big mystery is unfolding in the world of Bitcoin. On January 6, someone, who nobody knows, decided to spend about $64,000. But this wasn’t for buying things; it was to put a huge amount of secret code, about 9 megabytes, onto the Bitcoin network. This secret code was split into 332 parts, and each part cost a little bit of Bitcoin to put on the network.

It's spread across the 332 inscriptions in the address I linked to. This one is the largest file: 0febc2821e7c5a8c4416dc3754b27cb72bd28598eecbc7aa797e9b5d2672c9f2i0

Some people are saying it may be encrypted so potentially impossible/very hard to decrypt FYI

— Leonidas (@LeonidasNFT) January 7, 2024

Unraveling the Bitcoin Puzzle

The secret code was put on the Bitcoin network starting early in the morning. It’s like a big puzzle made of 0s and 1s, and nobody can figure out what it means yet. People have even tried using smart computer programs to solve it, but no luck so far. The puzzle is made up of different kinds of letters and symbols, but what it all means is still a secret.

A Clue in Pizza Emojis

Something interesting about this puzzle is that two parts of it have a picture of a pizza next to them. This might mean they’re connected to a very famous time when someone bought pizza with Bitcoin a long time ago.

More Mysteries in the Bitcoin World

This puzzle came just after someone sent a lot of Bitcoin, worth millions of dollars, to the very first Bitcoin wallet ever made. That’s another mystery – no one knows who sent it or why.

Everyone’s Talking About It

This big secret code and the mysterious Bitcoin sent to the first wallet are making a lot of people curious. They’re trying to figure out who is behind these puzzles and why they’re doing it. For now, the answers are still hidden, just like the meaning of the secret code on the Bitcoin network.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: bitcoin userwallet
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BlockNews.com Team

BlockNews.com Team

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