Starting January 21, there will be an online sleuthing competition called “Bitcoin Quest” where individuals can use their cryptanalysis skills to search for bitcoin mnemonic seed phrases hidden in works of art. Winners who dump the artwork’s crypto holdings can win a Bitcoin Quest Analyst Certificate, 13 prizes worth $ 150 each, and three Satochip hardware wallets.
The teams behind crypto industry organizations Hotmine, Its Business Baby, School Bitcoin, Satochip and the Ed Khan Crypto Gallery have launched a competition called Bitcoin Quest. The interesting event enables people to find Bitcoin seeds hidden in unique works of art. If you want to take part in the online treasure hunt, you can find out more about the rules and guidelines here.
So far there are two groups of telegrams that can join the Bitcoin Quest hunt for mnemonic Bitcoin seeds in Russian and English. One of the organizers of the Bitcoin Quest art contest told news.Bitcoin.com the event will officially begin on January 21, 2021, and Telegram users should use the @ helpmyquestbot to get a range of information about the Quest.
“The crypto analyst competition, in which Bitcoin is hidden in art, is an adventure trip,” said the Bitcoin Quest announcement. “Participants show their analytical skills by blowing through the details of a big picture. The goal for the participants is to find the words and create a bitcoin seed. It is 14 words long and gives access to bitcoins stored at the winning addresses (13 + 3 Satochip addresses) in Electrum Bitcoin Wallet (PC version), ”add the organizers.
Bitcoin Quest is a project developed by Jeff Fawkes aka ‘Bitpainter’, an artist who has been hiding seeds in pictures since 2017.
Contest winners can try to win 13 Bitcoin prizes for the artwork, worth $ 150 each and three Satochip hardware wallets. The Satochip wallets will also feature a unique print from the 2021 Bitcoin Quest competition. The participants also receive a “Bitcoin Quest Analyst Certificate” and with such a document “nobody will dare to doubt your abilities”, emphasized the authors of the competition.
In addition, the winners are invariably recorded and engraved on a blockchain. “We will write a list of all winners on the Ethereum blockchain,” said the Bitcoin Quest announcement. “It will be available through the Eternal Note service msgeth.com or through Etherscan.io. A transaction ID is added to the individual certificate. “
The competition was created to encourage people to refine their knowledge of Bitcoin and mnemonic seed phrases. Crypto skills are important and are needed alongside hardware and software to participate in the newest assignment. Users need a Telegram account, knowledge of Electrum wallets, a computer, large monitor, and more. To begin searching for quests, the user must retrieve the image on January 21st and after that from the Bitcoin Quest Telegram channels.
Simply find the seeds according to the official quest rules and clues and drop one or two of the winning seeds in the artwork. “You have to do all of this faster than any other crypto-analyst,” Bitcoin Quest developers told news.Bitcoin.com. Bitcoin Quest is a favorite project of Jeff Fawkes aka ‘Bitpainter’, an artist who has been creating art using bitcoin mnemonic seeds in large drawings since 2017.
“I want to combine two of my great passions: art and crypto,” said Fawkes. “This is where the idea of ’Bitcoin Quest’ came about. It’s a competition where I draw pictures with hidden Bitcoin wallet seeds and you keep whatever you find about BTC, ”the artist concluded.
What do you think of the Bitcoin Quest competition? Let us know what you think on this matter in the comments section below.
Tags in this story
Art, Bitcoin, Bitcoin (BTC), Bitcoin Quest, Bitcoin Quest Analyst, Bitcoin Seed, Bitcoin Seeds, Bitpainter, Crypto Analyst, Cryptocurrency, Ed Khan Crypto Gallery, Electrum Wallet, Ethereum Blockchain, Hidden Seeds, January 21, 2021, Jeff Fawkes , Mnemonic seed phrase, images, satochip, seed, seed phrase, telegram, telegram account
Photo credit: Shutterstock, Pixabay, Wiki Commons, Bitcoin Quest, Jeff Fawkes aka “Bitpainter”
Disclaimer of liability: This article is for informational purposes only. It is not a direct offer or an invitation to make an offer to buy or sell, or a recommendation or approval of products, services or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author are directly or indirectly responsible for any damage or loss caused or allegedly caused by or in connection with the use or reliance on the content, goods or services mentioned in this article.
