How Can CryptoGraffiti Work?
A guest can type their message pay some bitcoin, and see the message decoded from the blockchain and displayed on the CryptoGraffiti website, together with other messages from the Bitcoiners.
June 17, 2016, untill, users were able to send text messages. 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 complete, no one on Earth can censor, delete or rewrite the data it is saved in the blocksHow does Oshi Casino bonus it is the first service in the Bitcoin ecosystem which implements automatic image writing to the blockchain, Bitcoin and bitcoin casino 150 free spins.com reached out 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 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 at the University of Tartu. We had a datamining course and for one of the class homeworks we needed to datamine something 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” at the very first block of Bitcoin’s block series. I quickly wrote a program that monitors bitcoin TX’s and hunts for ASCII text from the output addresses of every transaction. As I was expecting, I found all types of messages, so I made the cryptograffiti.info site that displayed those messages. I introduced it as a consequence of my homework.
BC: Impressive. What services do you intend to implement in future?
Hyena: I intend to implement Proof-of-Existence service as an added tool for cryptograffiti which 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”cool new virtual currency that can be used to buy drugs online.” Apparently, he had been interested in that type of thing, but I realized Bitcoin as an investment opportunity of this centurybitcoin casino reviews reddit best online bitcoin casino 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 to 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 about the current DAO troubles.
BC: What do you consider the ecosystem market for services such as yours?
Hyena: Some 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 exchange e-mails with relatives. In my opinion, intrinsic value is given by the immutable data storage aspect of the block series to bitcoins and the community should be happy for this.
Bitcoin is not just the magic online money but in addition, it provides a platform for free communicating that is censor and trustless notary services.
BC: Your recent post on bitcointalk.org forum states:
“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 contributed me bitcoins quite some time ago so I would implement image storing”.
You have many such messages from the thread. Looks like the service has a real potential and a big fan-base to grow. Is it profitable to keep such a simple looking but site?
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 gifts. Considering the cost of bitcoin I will say that I have never been working with a loss.
The service has a potential to become more rewarding and it ought to be one day turned into a organization that is conventional.
I’m yet to be approached people or by investors interested in cooperation. Until this, I am just glad to have developed a service that people 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.
Image courtesy of Reddit, CryptoGraffiti.
Source: bitcoincasinoreview.info
