RE: Bitfinex and Tether: Fractional Reserve Lending

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Bitfinex and Tether: Fractional Reserve Lending

in bitfinex •  5 years ago 

The block in which the above post is included has a merkle root of 801a65be95b1a78ada8757b22ddb66ce10c2480d.
To find the winner we:

  1. Convert the merkle root into base 10:
    801a65be95b1a78ada8757b22ddb66ce10c2480d = 731339501234119484146176429698022074480888793101.
  2. Compute the residual after dividing by the number of tickets: 731339501234119484146176429698022074480888793101 mod 756 = 221.
  3. This is the winning ticket, held by @kabir88.

Congratulations!

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