junio 20, 2017 | Posted in:Blog

How Can CryptoGraffiti Work?

A visitor can type their message into the text field, pay some bitcoin, and view the message decoded from the blockchain and exhibited on the CryptoGraffiti website from the Bitcoiners.

June 17, 2016 untill, users were able to send text messages.  But it is likely 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 can censor, edit or delete the information it’s stored in the blocksFortune Jack casino it’s the first service in the Bitcoin ecosystem which implements automated 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, printed to the blockchain for permanent preservation.

Hyena: I’m 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 had been 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 had to datamine something from the real world and present the results. I thought that, what if people have saved messages in the Bitcoin block series? By way of example, similarly to the way Satoshi wrote»The Times 03/Jan/2009 Chancellor on brink of second bailout for banks» in the very first block of Bitcoin’s block chain. I wrote a program that monitors all bitcoin TX’s and hunts for ASCII text. As I was hoping, I discovered all kinds of messages, so I made the cryptograffiti.info site that displayed those messages. I introduced it .

BC: Impressive. What services do you plan to implement in future?

Hyena: I intend to employ Proof-of-Existence service as an added instrument for cryptograffiti that allows secure timestamping of documents for notary purposes. Also, In the future I want to develop some fun provably.

BC: How did you first learn about the Bitcoin technology?

Hyena: I learned about the Bitcoin tech in 2011 from a friend who heard 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 sort of thing, but I recognized Bitcoin as an investment opportunity of this centurybitcoin casino games in india bitcoin casino deposit hack Was it scary or entertaining 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 now know the world economics work, how banks function and all that.

A satirical message concerning the recent DAO troubles.

BC: What do you consider the ecosystem niche for services like yours?

Hyena: Some folks argue that services such as cryptograffiti.info cause block series 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 be used for publishing articles and also to exchange e-mails with relatives. In my opinion, the block chain’s data storage aspect gives intrinsic value to bitcoins and the community should be happy for this.

Bitcoin is not the magic online money but in addition, it provides a platform for censor communicating that is free and trustless notary services.

BC: Your recent article on bitcointalk.org forum states:

«I am happy to announce that I have just received a donation of 0.1 bitcoins from en.hotmine.io Smart Heating. It motivated me to implement the picture storing. Also, thanks go to the bitcointalk user xumuku who also donated me bitcoins quite some time ago so that I would implement image storing».

You have many such messages in the thread. Looks like the service has a and a real potential to grow. Is it profitable to maintain a simple looking but strong website?

Hyena: With two decades 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 current cost of bitcoin I will say that I have not been working with a loss.

The service has a potential to become more rewarding and perhaps it should be turned into a organization that is conventional.

I’m yet to be approached people or by investors interested in collaboration. Until that, I am happy to have developed a service that people actually find useful.

Thank you for providing the community and answering our questions. We wish you the best of luck with your project.

Picture courtesy of Reddit, CryptoGraffiti.

Source: bitcoincasinoreview.net

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