How Does CryptoGraffiti Work BetChain app
How Can CryptoGraffiti Work?
A guest can type their message pay some bitcoin, and after 1-10 minutes see the message decoded in the blockchain and displayed on the CryptoGraffiti website, together with messages from the Bitcoiners.
June 17, 2016 untill, users were able to send text messages to the blockchain. But now it is likely to have JPG images written to the blockchain alongside text messages.
The images can be up to 50KB in size. And, once the process of publishing to the blockchain is finished, no one on Earth can censor, delete or rewrite the data entered by users — it’s stored in the blocks foreverbitcoin casino usa players allowed bitcoin casino usa legality it’s the first service in the Bitcoin ecosystem which 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 photo of young Angela Merkel with Hitler, published to the blockchain for permanent preservation.
Hyena: I’m working as a software developer in the capital of Estonia.
BC: How did you come to opening such a cool site as cryptograffiti.info?
Hyena: In 2014 I was studying in the Masters’ program of Software Engineering at the University of Tartu. We had a class and for one of the course homeworks we needed to datamine something from the world that is actual and present the results in front of the class. I thought that, what if people have saved messages from the Bitcoin block chain? For example, similarly to the way Satoshi wrote”The Times 03/Jan/2009 Chancellor on verge of second bailout for banks” in the very first block of Bitcoin’s block chain. I quickly wrote a program that monitors all bitcoin TX’s and searches in the output addresses of every trade for ASCII text. As I was expecting, I found all kinds of messages, so I made the cryptograffiti.info site that displayed those messages. It was introduced by me as a result 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 documents for notary purposes. In addition, in the future I want to develop some interesting provably fair game that’s played on bitcoins.
BC: How did you first learn about the Bitcoin tech?
Hyena: I learned about the Bitcoin tech in 2011 from a friend who learned about it on reddit and told me about this”trendy new digital currency that can be used to purchase drugs online.” Apparently, he had been interested in that type of thing, but I instantly realized Bitcoin as an investment opportunity of this centurybitcoin casinos & gambling casino to mix your Was it scary or fun to learn about Bitcoin at the first time?
Hyena: It was definitely fun to learn about bitcoin since it was my gateway into the secrets of the financial world.
As a result of Bitcoin, I understand the world economics work, how banks function and all that.
A satirical message concerning the recent DAO troubles.
BC: What do you think about the ecosystem market for services like yours?
Hyena: Many people argue that services such as cryptograffiti.info cause block series bloat and are thus immoral. It is said that the block chain shouldn’t be used for this.
I think it’s exactly the same like saying that the Internet should be used for publishing scientific articles and also to exchange e-mails with relatives. In my opinion, the block chain’s immutable data storage aspect gives intrinsic value and the community ought to be happy for this.
Bitcoin is not the online money but it also provides a platform for free communication and trustless notary services.
BC: Your recent article on bitcointalk.org forum says:
“I am happy to announce that I have just received a contribution of 0.1 bitcoins from en.hotmine.io Smart Heating. It motivated me to implement the picture storing. Also, thanks go to the bitcointalk consumer xumuku who also contributed 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 and a capacity to grow. Is it profitable to maintain such a simple looking but powerful site?
Hyena: With two years of operating, people have saved more than 500 messages on the block series using cryptograffiti.info and I have obtained 2.1 bitcoins as gifts. Considering the cost of bitcoin I will say I have not been working with a loss.
The service has a potential to become even more profitable and it should be one day turned into a business that is conventional.
I’m yet to be approached by investors or people . Until that, I am just happy to have developed a service that people actually find useful.
Thank you for answering our questions and providing this new functionality to the community. We wish you the best of luck with your project.
Picture courtesy of Reddit, CryptoGraffiti.