How Can CryptoGraffiti Work?
A visitor pay some bitcoin can type their message into the text field, and view the message displayed on the CryptoGraffiti site and decoded in the blockchain 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 of publishing to the blockchain the process is finished, no one on the planet can censor, edit or delete the information it is stored in the blocks foreverbitcoin casino review sites best bitcoin casinos! 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 founder, Erich Erstu (nickname Hyena), to ask him a few questions about his vision of the task 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, published to the blockchain for permanent preservation.
Hyena: I am 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 had been 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 had to datamine something from the world and present the results in front of the class. I thought that, what if people have stored messages in the Bitcoin block chain? By way of instance, similarly to how Satoshi wrote”The Times 03/Jan/2009 Chancellor on verge of second bailout for banks” in the very first block of Bitcoin’s block series. I immediately wrote a program that searches and monitors bitcoin TX’s from the output addresses of each transaction for ASCII text. As I was hoping, I discovered all types of messages, so I made the cryptograffiti.info website that displayed those messages. I presented it as a consequence of my homework.
BC: Impressive. What services do you intend to implement in future?
Hyena: I intend to employ 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 interesting provably.
BC: How did you first learn about the Bitcoin technology?
Hyena: I heard about the Bitcoin tech in 2011 from a friend who learned about it on reddit and told me about this”trendy new virtual currency which can be used to purchase drugs online.” He had been interested in that type of thing, but I recognized Bitcoinbitcoin casino us promo code best bitcoin casino sites Was it scary or fun to learn about Bitcoin in the first time?
Hyena: It was definitely fun to learn about bitcoin because it was my gateway to the secrets of the financial world.
Thanks to Bitcoin, I now know the world economics work, how banks operate and all that.
A satirical message about the recent DAO troubles.
BC: What do you think about the ecosystem niche for services such as yours?
Hyena: Some folks argue that services like cryptograffiti.info cause block series bloat and are thus immoral. They say 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 articles and to exchange e-mails with relatives. In my view, the block chain’s data storage feature gives value to bitcoins and the community should be happy for it.
Bitcoin is not the magic Internet money but in addition, it offers a platform for censor 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 image storing functionality. Also, thanks go to the bitcointalk consumer xumuku who also donated me bitcoins quite a while ago so I would implement image storing”.
You have many such messages from the thread. Looks like the service has a big fan-base and a capacity to grow. Is it profitable to keep a simple looking but website?
Hyena: With 2 years of operating, people have saved over 500 messages on the block series using cryptograffiti.info and I have obtained 2.1 bitcoins as gifts. Considering the current price of bitcoin I will say I have never been operating with a loss.
The service has a potential to become more profitable and it should be turned into a organization.
I am yet to be approached by investors or people . Until this, I am happy to have developed a service that people actually find useful.
Thank you for providing this functionality to the community and answering our questions. We wish you the best of luck with your project.
Picture courtesy of Reddit, CryptoGraffiti.
Source: bitcoincasinoreview.info
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