Mysterious Bitcoiner spends $64K to inscribe 9MB of data on Bitcoin

An unidentified Bitcoiner has just spent approximately $64,000 in fees to inscribe nearly 9 megabytes of raw binary data on the Bitcoin blockchain.

According to a Jan. 7 post on X (formerly Twitter) from the Ordinals explorer Ord.io, more than 1 Bitcoin was used to create 332 inscriptions at around 11:20 am UTC on Jan. 6 — consisting of “raw binary data.”

However, no one appears to have an answer for what the data shows, with one user even trying to use OpenAI’s ChatGPT to solve it without luck.

“Some people are saying it may be encrypted so potentially impossible/very hard to decrypt FYI,” remarked Leonidas, host of The Ordinal Show, in a Jan. 7 post.

Meanwhile, users are also pondering who inscribed the data in the first place. The Bitcoin address involved in the mysterious inscription spree — “bc1pnp…zwd0th” — is titled “Unnamed” on Ord.io.

#news #btc #wallet

Jan-8-2024 09:51:43 AM