After the notorious 5 BTC ‘bitcoin puzzle’ was solved last January after years of people trying to crack it, now another bitcoin puzzle was launched this week on forums and social media. On May 19, 2018, a person posted an image which contains a bitcoin puzzle that rewards the solver 1 BTC.
Also read: A Brief History of Hidden Messages in the Bitcoin Blockchain
Bitcoin Puzzles: Hiding Cryptocurrencies in Plain Sight
Since the inception of bitcoin and other cryptocurrencies, visual puzzles that contain digital asset rewards have been very popular. This week a Reddit user named ‘u/cryptogreetings’ posted a cryptic picture online that contained a puzzle with a 1 BTC prize. Since the image was published online no one has been able to crack it so far as the public address can be seen here. The picture is black and orange and white with a bitcoin symbol and many words, and numbers strewed across the image. The creator says if no one can crack it in a week they will publish some hints to help people out.
“This work is comprised of Satoshi Nakamoto’s famous whitepaper words, scaled by Log N. Disparate ideas inspired Satoshi to create a solution to revolutionize modern socio-economics and industry,” explains the Reddit user u/cryptogreetings.
The work reflects on the elements that brought this technology to life, and challenges the underlying security model. Hidden in plain sight lies something more: a treasure hunt. 1 BTC is concealed within the work.
This picture was published yesterday, it contains 1 BTC hidden within the image. It has not been solved yet.
The Infamous Coin Artist 5 BTC Puzzle Solved This Year
Just recently news.Bitcoin.com reported on a famous bitcoin puzzle that contained 5 BTC for years before the puzzle was decrypted. The painting called ‘The Legend of Satoshi Nakamoto’ was designed by @coin_artist, who had hidden clues that revealed a private key to the tethered wallet. The puzzle was solved by a 30-year old programmer named ‘Isaac’ who solved the puzzle in less than two months. Isaac just happened upon the puzzle while searching for cryptocurrency related riddles online.
This painting held 5 BTC at one time, it was solved this year.
Cryptocurrency Puzzles and Riddles Strewn Across the Web
There have been tons of bitcoin puzzles over the years and there even is a Reddit forum dedicated to these riddles called r/bitcoinpuzzles. The Reddit forum has lots of puzzles with large funds hidden and smaller mBTC fractions. News.Bitcoin.com reported on another bitcoin puzzle series that is tied to an Enigma game on Steam. Montecrypto is a game specifically designed for armchair detectives as this past February the game made headlines worldwide. During the first week of February, a gamer solved the Montecrypto puzzles and accumulated $50K worth of BTC, BCH, and other coins.
Bitcoin and security expert Andreas Antonopoulos showing a hidden $12Mn BTC transaction back in 2015.
As long as cryptocurrencies can be hidden people will always try to solve these puzzles using techniques like uncovering obscure clues, utilizing steganography and cryptography. People have also stored puzzles within the digital asset’s network as well as one user in 2011 wrote a paper describing a way to implement steganography inside the Bitcoin Core (BTC) network. “That is, storing hidden messages inside the network, that would be available only to those who knew where (and how) to look,” explained the creator and his paper’s summary.
What do you think about people storing cryptocurrencies in photos and puzzles? Let us know what you think about this subject in the comments below.