junio 21, 2017 | Posted in:Blog

How Can CryptoGraffiti Work?

A guest pay some bitcoin can type their message into the text area, and view the message decoded from the blockchain and exhibited on the CryptoGraffiti site, together with messages from the anonymous Bitcoiners.

June 17, 2016, untill, users were only able to send text messages.  But now it is possible to have JPG images written to the blockchain alongside text messages.

The pictures can be up to 50KB in size. And, once 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 is saved in the blocks indefinitelyETHEREUM SWEEPSTAKES app it’s the first service in the Bitcoin ecosystem that implements automated image writing to the blockchain, Bitcoin and bitcoin casino 150 free spins.com reached out to CryptoGraffiti’s founder, Erich Erstu (nickname Hyena), to ask him a few questions about his vision of the job and its possible 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’m working as a software programmer 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 in the University of Tartu. We had a datamining course and for one of the class homeworks present the results in front of the class and we needed to datamine something from the real world. I believed? For instance, similarly to how Satoshi wrote»The Times 03/Jan/2009 Chancellor on brink of second bailout for banks» in the very first block of Bitcoin’s block series. I quickly wrote a program that hunts and monitors bitcoin TX’s from the output addresses of each transaction 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 presented by me as a result of my homework.

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

Hyena: I intend to employ Proof-of-Existence support as an additional tool for cryptograffiti which allows secure timestamping of documents for notary purposes. Also, 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 technology in 2011 from a friend who heard about it on reddit and told me about this»cool new virtual currency which may be used to purchase drugs online.» Apparently, he had been interested in that sort of thing, but I realized BitcoinZigZag777 Casino rating 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 how the world economics work, how banks operate and all that.

A satirical message about the current DAO troubles.

BC: What do you consider 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 should not be used for this.

I think it’s exactly the same like saying that the Internet should be used for publishing scientific articles and to exchange e-mails with relatives. In my opinion, intrinsic value is given by the block chain’s immutable data storage aspect to bitcoins and the community ought to be happy for this.

Bitcoin is not the Internet money but in addition, it provides a platform for communication that is free and trustless services.

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

«I am delighted 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 consumer 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 and a potential to grow. Is it profitable to maintain such a simple looking but website?

Hyena: With two years of operating, people have saved more than 500 messages on the block chain using cryptograffiti.info and I have obtained 2.1 bitcoins as donations. Considering the price of bitcoin I will say I have not been working with a loss.

The agency has a potential to become even more profitable and it should be turned into a organization that is conventional.

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

Thank you, Erich Erstu, for providing the community with this functionality and answering our questions. We wish you the very best of luck with your project.

Image courtesy of Reddit, CryptoGraffiti.

Source: bitcoincasinoreview.info

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