Cryptocurrency platform Phemex has published a picture puzzle with a 2.1 bitcoin price for whoever provides the solution.
Blog reader Thomas Tscheuschner has made me aware of a nice picture puzzle. It was published by Phemex, a new online exchange platform for cryptocurrency derivatives.
The picture puzzle was first advertised via Twitter on January 16:
Whoever solves this puzzle first wins a 2.1 bitcoin price. At the current exchange rate, 2.1 bitcoin are almost 17,000 Euro.
The details about the puzzle are provided on a website hosted by Phemex. There we read: “2.1 BTC are hidden in this picture, can you find the solution? If you can’t, tag the smartest person you know on Twitter, and you will receive up to $100 if they solve it! Everyone in the RT chain that led the winner to the puzzle will also receive a $100 trading bonus.”
How does it work?
Here’s the picture that contains the puzzle:
The goal is to find a private key hidden in the image. Using it, the winner will be able to access a wallet with 1.1 bitcoin. A further 1 bitcoin trading bonus will be deposited to the winner’s Phemex account once he or she proves that he or she controls the private key. The public key is: 1h8BNZkhsPiu6EKazP19WkGxDw3jHf9aT.
The picture contains five written words or sentences:
- Phemex: This is the company organizing the competition.
- ETH: Does this refer to the “Eidgenössische Technische Hochschule”, a university in Switzerland? Among other things, the programming language Pascal was invented there.
- XRP: This is a digital currency.
- BTC: This acronym stands for Bitcoin.
- First 21-digit prime found in consecutive digits of e: e, also known as Euler’s number, is a well-known mathematical constant starting with 2.718282. Just like pi, e is an endless number with no repetitions or regularities. It is certainly possible to locate a 21-digit prime in e, but it takes an extensive search.
As only an unsolved puzzle creates the publicity Phemex is looking for, I expect that solving this challenge is far from easy. I even think it’s next to impossible without additional clues the organizers are going to publish. Anyway, if you think you know how to find the hidden key in the picture, let my readers and me know.
Further reading: Thrilla in Manila: Who can solve this crypto puzzle from the Philippines?