Scientist Deciphers Instructions to Claim Bitcoin In a DNA Sample.
This week, Sander Wuyts, a Ph.D. student from the University of Antwerp (UAntwerp) and Vrije Universiteit Brussel (VUB) completed an extraordinary competition that involved bitcoin and DNA-related research. Wuyts was the first to decipher hidden messages in a tube of DNA in a scientific challenge where he won a single bitcoin for his accomplishment.
Sander Wuyts considers himself a “DNA-junkie,” and he’s a big believer in science and technology. In 2015, the European Bioinformatics Institute professor, Nick Goldman, gave a presentation at the World Economic Forum in Davos that showed how DNA was an excellent method for storing data. Goldman says that DNA can last longer than existing thumb drives and today’s standard storage technology.
“Unlike a memory stick, for example, DNA lasts for a long time, long after the death of the ‘owner’. It’s also very compact: you can store an incredible amount of information in a minuscule space,” explains Goldman.
After the presentation, Goldman started a contest for students called the “DNA Storage Bitcoin Challenge.” The competition involved individuals trying to decipher messages in a tube of DNA, and the deadline was January 21, 2018. When Goldman launched the contest, a bitcoin was only worth a few hundred dollars, and now the DNA contest prize was worth over $11,000. At the end of the professor’s presentation, sample tubes were handed out in Davos, and the tubes contained “the necessary information to claim the one bitcoin.”
Wuyts said it was more difficult to get his hands on a tube of DNA for the contest, but eventually, he obtained a sample. The Ph.D. student says just like many people in the world right now he was a big fan of bitcoin and the prize motivated him to enter the competition.
According to Wuyts a few of his colleagues organized a small hackathon using DNA sequencers, a specialized tool for reading out DNA. The student says after a few moments of “banging our heads against the wall” he cracked the message before the deadline. Wuyts says that the message contained instructions on how to claim the bitcoin, a few other notes, the logo of the European Bioinformatics Institute, and a sketch of James Joyce. As far as the bitcoin is concerned Wuyts explains that he plans on holding it until the right time.
“To be honest, I had my doubts about the feasibility of using DNA to store data and this challenge changed that, Now I know very well that this new technology offers great opportunities, maybe even for my own future research,” Wuyts concludes.
I will probably sell bitcoin when the time is right and then use some of the money for my research. With the rest of the money, I can thank the colleagues who helped me and celebrate my PhD with style.
Disclaimer: This press release is for informational purposes only, the information does not constitute investment advice or an offer to invest. The opinions expressed in this article are those of the author and do not necessarily represent the views of infocoin, and should not be attributed to, Infocoin.