An anonymous individual paid a whopping $64,000 to embed 9 megabytes of mysterious data into the Bitcoin blockchain, causing the crypto community to buzz with speculation and theories.
Ord.io reported on January 6 that more than one Bitcoin was used to generate 332 entries of ‘raw binary data.’ This data’s nature and purpose are unknown, prompting attempts to decipher it using artificial intelligence.
Even advanced AI tools, however, struggled to decipher the meaning behind the encoded data.
The Ordinal Show’s Leonidas suggested that the data could be encrypted, adding another layer of complexity to its interpretation.
The mystery grows as users speculate on the identity of the person behind this enigmatic addition to the Bitcoin blockchain.
The transaction was associated with the Bitcoin address ‘bc1pnp…zwd0th’ and included a mix of English, Greek, and mathematical symbols.
Notably, two entries in the data are linked to the famous 10,000 BTC pizza purchase in 2010, giving the mystery a historical twist.
On January 5, a significant amount of Bitcoin, 26.9 BTC worth $1.17 million, was transferred to Bitcoin’s original wallet in a separate but equally perplexing event.
There have been numerous theories, ranging from theories that the elusive Bitcoin creator, Satoshi Nakamoto, was involved to more skeptical views that it was simply a significant financial move.
Lawyer Jeremy Hogan proposed an intriguing theory, claiming that the person behind the large transfer was attempting to entice Nakamoto into reporting the funds to US tax authorities.
This hypothesis, however, is contingent on Nakamoto’s compliance with US tax laws and citizenship, adding another layer of uncertainty to the unfolding crypto mystery.
