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Coin Circle (120BtC.COM) News: Recently, a number of mysterious and widely discussed transactions have appeared on the Bitcoin blockchain. One of them occurred on the 6th. An address starting with bc1q9 transferred 27 Bitcoins to Satoshi Nakamoto's address, worth up to US$1.174 million. This triggered a heated discussion in the community about whether Satoshi Nakamoto "woke up".

And the mysterious thing is not over yet. Then on the 7th, another address starting with bc1pn wrote approximately 8.93MB of encrypted data into the Bitcoin blockchain through 332 inscription transactions. The most expensive of these transactions cost thousands of dollars each, while most transactions cost around $200, for a total cost of about 1.5 BTC, equivalent to $66,000.

 Community speculation about motives

Since the data is encrypted, no one has yet been able to decipher its inscribed content. This has caused widespread speculation and curiosity in the crypto community, as the motivations and content behind this mysterious operation are still unclear.

Regarding the motivation for writing data into the Bitcoin blockchain, some netizens responded: "I have been saying it for several months. Once the government's secrets are written into Bitcoin, there will be no way to review or delete them." He expressed his opinion. ,Ordinals can be used to permanently store sensitive information and avoid censorship or deletion.

Note: Ordinals are developed by software engineer Casey
Launched on January 21, 2023, Rodarmor allows users to engrave any content such as images, text, and audio and video on Satoshi (sat), the smallest unit of Bitcoin, and manage it effectively.

Some netizens also said that the data may be intentionally encrypted and will be unlocked with a specific key at some point in the future, which may indicate a planned operation.

 Maybe it was done by Satoshi Nakamoto? 

As for the speculation about who executed these transactions, some netizens linked it to the transaction of depositing Bitcoin into Satoshi Nakamoto's wallet that occurred the previous day, directly guessing that this was the behavior of "Satoshi Nakamoto". However, some community members pointed out that the deposit itself does not mean anything, because anyone can deposit to Satoshi Nakamoto's wallet, and only withdrawal permission can reveal identity.

In addition, some netizens put forward another view, believing that the person executing the transaction may be connected to 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.

The incident reflects the growing trend of using the Bitcoin blockchain to conduct transactions beyond mere 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.