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Bitcoin brain teaser: This cryptic painting just earned someone €40,000

The puzzle was created by crypto artists @coin_artist and Rob Myers in early 2015.

1FLAMEN6 Source: @coin_artist

THIS PAINTING IS worth $50,000 – or at least it was until today.

Created three years ago, it contains a secret code that gives access to an online wallet of Bitcoins worth $50,000 (or over €40,000).

Today that wallet was emptied, but the winner said they didn’t want their identity revealed.

According to the BBC, here’s where the magic code was hidden in the painting:

The puzzle encoded a string of binary – a series of zeroes and ones – in complicated rows of flames painted around the edge of the canvas.
The colour and shape of each flame determined a four-character chunk of the binary series, with a further part of the code represented by six ribbons of different lengths in the bottom right-hand corner.
After all of these codes had been worked out and linked together, the successful puzzle-solver was able to translate the full string of zeros and ones into a Bitcoin private key with the help of a simple computer programme.

The person behind the @coin_artist account on Twitter told Motherboard that the painting was partly inspired by a personal event, and partly in reference to William Shakespeare’s famous poem The Phoenix and the Turtle.

Read: This young scientist had to explain Bitcoin to Michael D Higgins

Read: Volatile Bitcoin surpasses $11,000, before plummeting to $9,000 (and then rising again)

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