How Does CryptoGraffiti Work BetChain app
How Can CryptoGraffiti Work?
A visitor can type their message pay some bitcoin, and following 1-10 minutes view the message decoded from the blockchain and displayed on the CryptoGraffiti website from the Bitcoiners.
June 17, 2016 untill, users were able to send text messages. But it’s possible to have JPG images written to the blockchain alongside text messages.
The images can be up to 50KB in size. And, when the process of publishing to the blockchain is complete, no one on Earth is able to censor, delete or rewrite the data entered by users — it’s saved in the blocksbitcoincasino app it’s the first service in the Bitcoin ecosystem that implements automatic image writing to the blockchain, Bitcoin and bitcoin casino 150 free spins.com achieved to CryptoGraffiti’s creator, Erich Erstu (nickname Hyena), to ask him a few questions about his vision of the task and its potential outcomes for the Bitcoin community.
Bitcoin.com (BC): What do you do for living?
A photograph of young Angela Merkel with Hitler, printed to the blockchain for permanent preservation.
Hyena: I am working as a software programmer in the capital of Estonia.
BC: How did you come to opening such a cool website as cryptograffiti.info?
Hyena: In 2014 I was studying in the Masters’ program of Software Engineering in the University of Tartu. We had a datamining class and for one of the course homeworks we needed to datamine something from the world that is real and present the results in front of the class. I believed? For example, similarly to the way Satoshi wrote”The Times 03/Jan/2009 Chancellor on brink of second bailout for banks” at the very first block of Bitcoin’s block chain. I wrote a program that monitors bitcoin TX’s and searches for ASCII text from the output addresses of every trade. As I was hoping, I discovered all types of messages, so I made the cryptograffiti.info website that displayed those messages. It was introduced by me as a consequence of my homework.
BC: Impressive. What services do you plan to implement in future?
Hyena: I intend to implement Proof-of-Existence service as an additional instrument for cryptograffiti that allows secure timestamping of files for notary purposes. In the future I want to develop some fun provably game that is played on bitcoins.
BC: How did you first learn about the Bitcoin technology?
Hyena: I heard about the Bitcoin tech in 2011 from a friend who heard about it on reddit and told me about this”trendy new virtual currency that may be used to buy drugs online.” Apparently, he was interested in that type of thing, but I instantly recognized Bitcoin Was it scary or fun to learn about Bitcoin at the first time?
Hyena: It was definitely fun to learn about bitcoin because it was my gateway into the secrets of the financial world.
As a result of Bitcoin, I now know how the world economics work, how central banks function and all that.
A satirical message about the current DAO troubles.
BC: What do you think about the ecosystem market for services such as yours?
Hyena: Many people argue that services such as cryptograffiti.info cause block chain bloat and are thus immoral. They say that the block chain should not be used for this.
I think it’s the same like saying that the Internet should only be used for publishing scientific articles and also to swap e-mails with relatives. In my opinion, the immutable data storage feature of the block series gives value and the community should be happy for it.
Bitcoin is not the Internet money that is magic but in addition, it provides a platform for censor communication and trustless notary services.
BC: Your recent article on bitcointalk.org forum states:
“I am delighted to announce that I have just received a contribution of 0.1 bitcoins from en.hotmine.io Smart Heating. It prompted me to implement the picture storing functionality. Also, thanks go to the bitcointalk user xumuku who also donated me bitcoins quite a while ago so I would exert picture storing”.
You have many such messages from the thread. Looks like the service has a big fan-base and a potential to grow. Is it profitable to keep such a simple looking but website?
Hyena: With 2 decades of operating, people have saved over 500 messages on the block chain using cryptograffiti.info and I have received 2.1 bitcoins as gifts. Considering the current cost of bitcoin I can say that I have not been working with a loss.
The agency has a potential to become more rewarding and it should be one day turned into a business that is traditional.
I am yet to be approached by people or investors . Until this, I am just glad to have developed a service that we find useful.
Thank you for providing this functionality to the community and answering our questions. We wish you the very best of luck with your project.
Image courtesy of Reddit, CryptoGraffiti.