PhD Student Won DNA Deciphering Contest, Receiving Bitcoin as an Award

post image

A unique contest among science students has been completed this week. Scholars had to decrypt secret messages in a DNA tube in order to receive a unit of BTC as a reward. The award did not have to wait long for a winner, and he appeared to be a PhD student from the University of Antwerp, as well as Vrije Universiteit Brussel. His name is Sander Wuyts.

DNA For Filing Info & BTC As a Prize

Around three years ago Nick Goldman, who is a professor at the honored European Bioinformatics Institute, took the floor at the World Economic Forum in Davos, speaking about how DNA could be used for retaining information. For example, he emphasized that it would exist after the owner’s death and, moreover, it could store enormous amounts of data.

Soon after that, the professor commenced a competition for students, named the “DNA Storage Bitcoin Challenge.” What they had to do was to decode information in the tube by this year January 21. Sander Wuyts was among few students, who received a tube from the professor, who also added that they comprised important data “to claim the one bitcoin.”

At the time, when it was announced that the winner would receive bitcoin as an award, BTC’s price was fixed at around some hundred dollars. But now, at the beginning of 2018, the price of bitcoin fluctuates between $10,000 and $12,000. So the winner Wuyts is fortunate to have completed the assignment.

In the personal blog, the PhD student pointed out that he was a great supporter of cyber money for quite a long time, so he was happy to fight for it in the contest.

“In addition, like the rest of the world, I’ve discovered the magic of cryptocurrencies about half a year ago, and got excited by especially the theory behind it — Thus, when I read the following tweet, it goes without saying that I was extremely enthusiastic,” wrote the winner.

What Will The Winner Use Bitcoin For?

As the PhD student explained, some of his fellows set up a little hackathon. During it, they utilized DNA sequencers for creating a peculiar instrument for deciphering DNA. It took Wuyts some time to finally decode the message, and he managed to do it just right before the deadline. Initially, the student even was not sure whether it is possible to store data in DNA or not. But the competition helped him to understand that he was wrong.

According to his words, the hidden information was some memos, the image of European Bioinformatics Institute symbol, the outline, written by the Irish novelist James Joyce, as well as the rubric about how to claim BTC.

So finally, as Wuyts received his cyber coin, he said he would not sell it out too early, but rather hold on to it. As he realized, that BTC is an innovation that can provide him with considerable opportunities, he may use the asset to find his further studies. After he spends some of the crypto funds for research, Wuyts promised not to forget about his friends who helped him.

Quick Look At All Crypto News And Events For November 2020
Were you too engrossed in trading left and right that you’d completely spaced on getting your monthly update of the latest events in the crypto world? Well,...
Bitcoin Era Success Story: Teen Hits Jackpot With Crypto Trading
17-Year Old Hits The Jackpot With Cryptocurrency Trading Venture The news media has been swept up in a tornado with the latest news of a 17-year-old boy...
Keep Up With October Crypto Events Checking Out This Quick Roundup
Top Crypto Market News Of October You Should Catch Up With Do you think the world is turning more crypto-crazed day by day? There’s no limit to your investments...
A Collection Of Fresh Crypto News For Those Who Missed Out
The Major Roundup On The Latest Crypto News In The World The last month has been full of events and brought even more pressure on local business pretty...
What Everyone Should Know About Tokenization
Blockchain tokenization is a means of digital representation of a right and can be done with the help of a ledger. This can be a right to asset ownership...
What To Expect From A Cryptocurrency Market In 2020
Crypto market has always been a good target for speculation, shady schemes, and "bad guys". It's also very controversial, especially for financial markets...
Ethereum Foundation Confirms Upcoming ‘Istanbul’ Upgrade
On November 7th, Péter Szilágyi announced the date of the foundations impending upgrade, known as ‘Istanbul’. This upgrade will be the eighth hard fork...
Bitcoin’s Volatility? In 2017 BTC Was More Stable Than In Its Early Days
Despite some 30% crashes in 2017, bitcoin managed to increase by total 1,400% last year, conquering the world’s financial stage. Banks are becoming more...
Stablecoin - Everything You Need to Know
What Is A Stablecoin? You must have heard of cryptocurrency which has been the recent talk of the town. Well, stablecoins are a form of cryptocurrency....
Influence of Recent Cryptocurrency Boom: Does It Still Hurt?
Crypto Exchange Gate.io Agrees With Reports Showing 51% Attack On Ethereum Classic Bitcoin is a decentralized digital currency (also known as cryptocurrency)....
What is a Security Token?
Security tokens became very popular, but do you really know what is STO?STO is Security Token Offering, which is identical to an ICO. In this, there are...
Canada Reports Blockchain To Be Amongst Its Highest Paying Industries
A report recently published by the Canadian Digital Chamber of Commerce proves that the money involved in the blockchain industry of the nation is at the...
Cryptocurrency Exchange Security Levels
The growing interest in cryptocurrencies has led to the emergence of a wide selection of both digital money and the sites where you can exchange one cryptocurrency...
Belarusbank Considers Setting Up Crypto Exchange
Last year March Belarus introduced a decree by which it legalized cryptos and some activities related to them. This made Belarus a frontrunner in the race...
Gold Pulls Bitcoin Investors From BTC, Says Van Eck Associates CEO
In 2017-2018 bitcoin bit gold as bait for investors. However, the situation is expected to change in 2019 as investors already hope more for the gold than...