Bitcoin Pioneer Ross Ulbricht Auctioning Original Artwork, NFT Created In Prison

2 years ago

Ross Ulbricht, the erstwhile relation of aboriginal darknet bitcoin marketplace Silk Road, volition beryllium auctioning a postulation of 4 archetypal lipid paintings and an animation consisting of 318 hand-drawn frames astatine Bitcoin 2022. He created the series, called “The Growth Collection,” arsenic helium continues to service a double-life condemnation positive forty years successful national situation for his relation successful Silk Road.

Ross Ulbricht, laminitis  of darknet bitcoin marketplace Silk Road, is auctioning a bid    of creation  created portion    serving his beingness  sentence.

"Human Blockchain – Series 1, Block 6" by Ross Ulbricht. All images sourced from FreeRoss.org

The lipid paintings and animation volition person 5 corresponding non-fungible tokens (NFTs) and certificates of authenticity minted connected the Bitcoin blockchain done the Counterparty protocol. The pieces volition beryllium auctioned by Lightning Network-focused level Scarce.City.

“The artwork’s information and impervious of ownership volition beryllium stored and secured by the Bitcoin blockchain utilizing the Counterparty protocol,” according to a merchandise shared with Bitcoin Magazine. “The artworks volition beryllium auctioned for bitcoin utilizing Scarce.City’s Bitcoin and Lightning Network autochthonal auction platform.”

The Counterparty protocol was introduced successful 2014 and leverages its ain token, XCP, which was primitively issued by sending 2,140 BTC to a provably unspendable Bitcoin address, frankincense “burning” these bitcoin and, successful a sense, transferring their worth into the XCP.

The NFTs were minted connected April 5, the honorary “birthday” of Bitcoin’s pseudonymous laminitis Satoshi Nakamoto. The auction is unfastened from April 6 to 8 via Scarce.City. The animation and lipid paintings are being displayed astatine Bitcoin 2022’s onsite creation gallery.

Ulbricht created the postulation portion serving his ninth twelvemonth successful prison, utilizing a lightbox made of a Tupperware containing and speechmaking light, and sketching a works each time to seizure its maturation from effect to sprout.

“I’m moving my fingers to the bony connected these creation pieces for Bitcoin 2022,” Ubricht wrote successful a tweet. “The astir clip consuming is the animation. No computers successful prison. I person to gully each framework by hand.”

Ross Ulbricht, laminitis  of darknet bitcoin marketplace Silk Road, is auctioning a bid    of creation  created portion    serving his beingness  sentence.

"Human Blockchain – Series 1, Block 7" by Ross Ulbricht. All images sourced from FreeRoss.org

Silk Road inactive represents 1 of Bitcoin’s astir widely-used and infamous usage cases and galore successful the abstraction spot Ulbricht’s sentencing arsenic unfair for a first-time, non-violent offender.

Bitcoin 2022 is portion of the Bitcoin Event Series hosted by BTC Inc, the genitor institution of Bitcoin Magazine.

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