Enigmatic Binary Data on Bitcoin Blockchain
A Bitcoin user has recently executed a transaction, spending a hefty $64,000 in fees. This transaction, conducted on January 6, involved inscribing nearly 9 megabytes of binary data onto the Bitcoin blockchain.
Unsolved Mystery of the Data's Purpose
Despite efforts, including attempts to decipher the data using OpenAI's ChatGPT, the purpose of this data remains a conundrum. The binary data, a mix of English, Greek, and mathematical symbols, is speculated to be encrypted, making decryption a challenging task.
Bitcoin Community Puzzled Over Inscriber's Identity
The Bitcoin address associated with this peculiar activity, titled "Unnamed" on the Ordinals explorer Ord.io, has sparked curiosity about the identity of the person behind these inscriptions.
Digital Pepperoni Pizza Marks
Adding to the intrigue, two of these 332 inscriptions bear a digital pepperoni pizza symbol. This symbol indicates a connection to the 10,000 BTC used in the famous purchase of two Papa John's pepperoni pizzas in 2010, an early Bitcoin transaction by Laszlo Hanyecz.
Genesis Wallet Receives a Large Transfer
In a related mystery, the Genesis wallet, Bitcoin's first ever, received 26.9 BTC (approximately $1.17 million) on January 5. This event has triggered a flurry of speculation. Some suggest it could be an act by Satoshi Nakamoto, Bitcoin's enigmatic creator, while others theorize it as a deliberate move to provoke Nakamoto into revealing themselves to comply with U.S. tax laws.
Expert Opinions on the Genesis Wallet Transfer
Notable figures like Coinbase director Conor Grogan and pro-XRP lawyer Jeremy Hogan have contributed their theories to this puzzle. Some, however, note that these theories hinge on Nakamoto being subject to U.S. tax laws.