Yesterday, an auction was held by cryptocurrency and blockchain artist @cryptograffiti for a piece titled “black swan,” which the artist made using “fiat and counterfeit detector pen ink.” The artist, who became involved with bitcoin in 2013, held the auction on a website where users could only bid via Lightning Network micropayments, with the first person to bid the smallest amount being the winner. black swan is here! watch the vid to try and catch him...#cryptoart #bitcoinart pic.twitter.com/7BfcDeyNJ3— cryptograffiti (@cryptograffiti) December 19, 2018Cryptograffiti and Bitcoin Magazine would will to take this opportunity to announce the winner of the auction. Congratulations Twitter user @BTC_Spot!The winning price was the first of several 1 millisatoshi bids (one hundred billionth of one bitcoin). At the time of writing, the US-dollar denominated value of the bid is approximately $0.000000037.The auction marks a significant event for Lightning’s use among the Bitcoin community. It even served as a learning lesson for those who participated.“Many others were unaware that sub-satoshi payments were possible via LN,” the artist told Bitcoin Magazine. Fully concluded, the auction attracted 77 bids to the tune of 182,252 satoshis (0.00182252 BTC). Cryptograffiti pointed out that 14 bidders connected to his Lightning node the day before the auction after he sent out a tweet hinting at the event...
