Re-emerging mysterious transactions reveal Satoshi Nakamoto’s possible moves

Recently, several transactions that have caused widespread discussion have appeared on the Bitcoin blockchain, one of which was a transaction that occurred on the 6th. This transaction transferred 27 Bitcoins from an address starting with bc1q9 to Satoshi Nakamoto’s address, with a total value of $1.174 million. This incident triggered a heated discussion in the community about whether Satoshi Nakamoto has returned to the public eye.

However, what is puzzling is that in the next 7 days, another address starting with bc1pn wrote approximately 8.93MB of encrypted data to the Bitcoin blockchain through 332 inscription transactions. .

The most expensive of these transactions cost thousands of dollars, while most transactions cost around $200, for a total cost of about 1.5 BTC, equivalent to $66,000.

Community Speculation Motive

Because the data is encrypted, no one can decipher its content. It has aroused speculation and curiosity in the encryption community, and the motivation and content are unknown.

Regarding the motivation for writing data to the Bitcoin blockchain, some netizens have expressed their opinions. One of the netizens said: "I have been saying for months that once government secrets are written into Bitcoin, there is no way to review or delete them." He believes that by permanently storing sensitive information in the Bitcoin blockchain , you can avoid the risk of being censored or deleted, and the concept of Ordinals is mentioned.

Note: Ordinals is an application released by software engineer Casey Rodarmor on January 21, 2023. This application allows users to depict various contents such as images, text, and audio and video on Satoshi (sat), the smallest unit of Bitcoin, and provides effective management functions.

It is also believed that the data may have been intentionally encrypted and may be unlocked using a specific key in the future, which may mean a plan is brewing.

Maybe it was done by Satoshi Nakamoto?

Some netizens linked these transactions to the transaction of depositing Bitcoins into Satoshi Nakamoto’s wallet that occurred the previous day, speculating that this may be the behavior of Satoshi Nakamoto himself. However, community members pointed out that the deposit itself does not determine identity, because anyone can deposit to Satoshi Nakamoto’s wallet, and only withdrawal permissions reveal identity.

In addition, some netizens also put forward another view, believing that the person executing the transaction may be connected with a mining pool to ensure that the data can be successfully written to the blockchain; as for what the content of the message contains? Some netizens proposed their own decryption results, which contain related words such as population, parameters, society, etc. It is speculated that it may be related to government surveillance data. However, since the file content reaches 332 items, more time is still needed to complete the decryption.

This incident reflects the growing trend of using the Bitcoin blockchain to conduct more than purely financial transactions. Ordinals are able to embed large amounts of data directly onto the Bitcoin blockchain, opening up new possibilities for data storage and transfer, although this also raises questions about the appropriateness and potential consequences of such actions for the efficiency and purpose of the blockchain. discussion.

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