A new series of paintings by Andy Bauche “New money” combines art and cryptography.
In his works created from LEGO encrypted private keys crypto-currency wallets, each of which contains the cryptocurrency amounting to about $ 9,000.
Buying the product, however, does not mean that you will get a private key. Anyone who decipher the pattern, regardless of whether it is the owner of the picture or not, will have access to the wallet. However, Bauch promises to give the buyer a clue.
The exhibit, which will be shown at the Castelli Art Space in Los Angeles from March 23 to 25, real-time displays the price of the cryptocurrency hidden in the paintings.
At the moment no one has managed to decipher the code or even if someone succeeded, the money of the wallets have not yet been translated. Prices for paintings range from $1500 to $4800.
Bouh, said that he became interested in cryptocurrency in 2013, but:
I was not smart enough to buy enough…
For this art project, Bauch started buying different cryptocurrencies, including Bitcoin (BTC) and Litecoin (LTC), in 2016. He then used private keys to generate an abstract pattern using a special algorithm, the final result it is slightly altered, but not so many as to change the private key.
According to Bauche, in his work he tried to “cover the gap that often exists between new technologies and humanity.”