An unidentified Bitcoiner has simply spent roughly $64,000 in charges to inscribe practically 9 megabytes of uncooked binary information on the Bitcoin blockchain.
In keeping with a Jan. 7 publish on X (previously Twitter) from the Ordinals explorer Ord.io, greater than 1 Bitcoin (BTC) was used to create 332 inscriptions at round 11:20 am UTC on Jan. 6 — consisting of “uncooked binary information.
Nevertheless, nobody seems to have a solution for what the information reveals, with one consumer even attempting to make use of OpenAI’s ChatGPT to unravel it, with out luck.
BREAKING: Somebody simply spent >1 BTC to inscribe 8.93 MB of uncooked binary information into Bitcoin.
Can anyone decode it to seek out out what it’s?
— Ord.io (@ord_io) January 6, 2024
“Some persons are saying it could be encrypted so probably unimaginable/very arduous to decrypt FYI,” remarked Leonidas, host of The Ordinal Present, in a Jan. 7 publish.
In the meantime, customers are additionally pondering who inscribed the information within the first place. The Bitcoin deal with concerned within the mysterious inscription spree — “bc1pnp…zwd0th” — is just titled “Unnamed” on Ord.io.
The encrypted information features a vary of English, Greek and arithmetic symbols.
Apparently, two of the 332 inscriptions are marked with a digital pepperoni pizza, which Ord.io defined means it comprises sats from the ten,000 BTC used to buy two Papa John’s pepperoni pizzas from Early Bitcoin contributor Laszlo Hanyecz on Might 22, 2010.
The current inscription thriller comes solely a day after a whopping 26.9 BTC, price $1.17 million, was despatched to Bitcoin’s Genesis pockets — the primary Bitcoin pockets ever created — on Jan. 5, which prompted a mixture of theories from business pundits.
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One in every of Coinbase’s administrators, Conor Grogan, contemplated whether or not Satoshi Nakamoto “awakened” and transferred the Bitcoin from Binance or somebody “simply burned 1,000,000 {dollars}.”
Professional-XRP lawyer Jeremy Hogan in the meantime floated that somebody might have carried out it to flush out the nameless Bitcoin creator, as they might be compelled by forcing them to report the funds to the U.S. Inside Income Service or break the legislation.
Some, nevertheless, identified the idea would solely maintain water if Nakamoto have been topic to U.S. tax legal guidelines.
This lawyer thinks somebody despatched $1.2 million to Satoshi to disclose his id pic.twitter.com/qMnwWY3HAj
— borovik.eth (@3orovik) January 7, 2024
Journal: Ordinals turned Bitcoin right into a worse model of Ethereum
