Listened to nostr:npub1ahxjq4v0zlvexf7cg8j9stumqp3nrtzqzzqxa7szpmcdgqrcumdq0h5ech pod with Jim Bianco today, he made a lot of interesting points on how Bitcoin gains value for the next leg up. That said I thought some of his focus was a bit blinkered and seemed to suggest DeFi is what Bitcoin needs.

No mention of subsidizing new energy infrastructure across the world or acting as pristine capital for cheap fiat loans - both of which seem much more impactful and valuable than DeFi features.

nostr:npub12r0yjt8723ey2r035qtklhmdj90f0j6an7xnan8005jl7z5gw80qat9qrx are you “bots”

The Bitcoin 66-bit puzzle, part of a series of cryptographic challenges launched in 2015, has recently been solved after years of effort. The reward for solving this puzzle was 6.6 BTC, valued at over $425,000[2][3][8]. However, before the solver could claim the prize, automated bots intercepted and claimed the reward. This incident has sparked discussions about the security of Bitcoin and the risks associated with cryptocurrency challenges[2][6].

The puzzle involved a private key with 66 unknown bits, which required significant computational effort to brute-force. It took approximately two years to solve this puzzle, highlighting the complexity and time investment needed for such cryptographic challenges[3]. The next puzzle in the series, #67, features 67 unknown bits and offers a reward of 6.7 BTC[3].

The incident has raised concerns about the vulnerability of such puzzles to automated bot attacks and the need for improved security measures in future cryptographic challenges[2][6].

Sources

[1] The 66-Bit Puzzle has Been Solved! : r/Bitcoin - Reddit https://www.reddit.com/r/Bitcoin/comments/1fg1jbe/the_66bit_puzzle_has_been_solved/

[2] 66-bit Bitcoin Puzzle Was Solved! - YouTube https://www.youtube.com/watch?v=Ux9thCQQdcI

[3] Bitcoin puzzle #66 was solved: 6.6 BTC (~$400k) withdrawn https://news.ycombinator.com/item?id=41547395

[4] How To Crack Bitcoin Puzzle 66 With Keyhunt - YouTube https://www.youtube.com/watch?v=ul8cNfA7iwY

[5] r/BitcoinPuzzlePython - Reddit https://www.reddit.com/r/BitcoinPuzzlePython/

[6] BTC puzzle 66 was solved recently, then stolen by bots https://www.blackhatworld.com/seo/btc-puzzle-66-was-solved-recently-then-stolen-by-bots.1636714/

[7] Bitcoin puzzle transaction ~32 BTC prize to who solves it - Bitcoin Talk https://bitcointalk.org/index.php?topic=1306983.2940

[8] The Bitcoin 66-bit puzzle, part of a series of cryptographic ... - Threads https://www.threads.net/%40newsxchain/post/DAAaxeWJ5wI

https://m.primal.net/KtFW.mov

The small South Asian country in the Himalayas currently has 13,011 #Bitcoin, currently worth $780.49M. https://nostpic.com/media/4f44ff626cb4761bcba7451261b8ff35b798d798e12474d5aaad8ce9516ae4ca/b22c8010c1641f27e8479e40b6b026c23a3c543b5339cc78438dc9e9effba585.webp https://nostpic.com/media/4f44ff626cb4761bcba7451261b8ff35b798d798e12474d5aaad8ce9516ae4ca/66ac39fe18947c9d40af2280bf7f99ae8f5591caf461924fb12bbc25f0bb4728.webp