How Does CryptoGraffiti Work?
A guest pay some bitcoin can type their message into the text field, and following 1-10 minutes view the message displayed on the CryptoGraffiti site and decoded in the blockchain from the anonymous Bitcoiners.
June 17, 2016, untill, users were only able to send text messages. But now it’s 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 complete, no one on the planet can censor, delete or rewrite the information it is stored in the blocksbest bitcoin casino us reddit bitcoin online casino free to play it is the first service in the Bitcoin ecosystem that implements automated 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 job and its possible 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 am 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 course and for one of the course homeworks we had to datamine something from the world that is actual and present the results in front of the class. I believed 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 brink of second bailout for banks” at the very first block of Bitcoin’s block series. I quickly wrote a program that monitors all bitcoin TX’s and searches from the output addresses of every trade for ASCII text. As I was hoping, I discovered all kinds of messages, so I made the cryptograffiti.info website that displayed those messages. I introduced it as a result of my homework.
BC: Impressive. What services do you intend to implement in future?
Hyena: I intend to implement Proof-of-Existence support as an added instrument for cryptograffiti that allows secure timestamping of files for notary purposes. In the future I’d like to develop some fun provably.
BC: How did you first learn about the Bitcoin tech?
Hyena: I learned about the Bitcoin technology in 2011 from a friend who heard about it on reddit and told me about this”cool new digital currency which can be used to purchase drugs online.” Apparently, he had been interested in that type of thing, but I immediately realized Bitcoin as an investment opportunity of this centuryonline casino for bitcoin bitcoin casino exit scam Was it scary or entertaining to learn about Bitcoin at 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 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 niche for services like yours?
Hyena: Some folks argue that services such as cryptograffiti.info cause block chain 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 articles and to swap e-mails with relatives. In my opinion, the block chain’s immutable data storage feature gives intrinsic value to bitcoins and the community should be happy for this.
Bitcoin is not merely the Internet money but it also provides a platform for censor communicating that is free and trustless services.
BC: Your recent article on bitcointalk.org forum states:
“I am happy to announce that I have just received a contribution of 0.1 bitcoins from en.hotmine.io Smart Heating. It prompted me to implement the image storing. Also, thanks go to the bitcointalk user 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 huge fan-base and a capacity to grow. Is it profitable to keep such a simple looking but website?
Hyena: With two years of operating, people have saved over 500 messages on the block series using cryptograffiti.info and I have received 2.1 bitcoins as donations. Considering the cost of bitcoin I can say I have never been operating with a loss.
The agency has a potential to become even more rewarding and it should be one day turned into a organization.
I’m yet to be approached by people or investors interested in collaboration. Until this, I am just happy to have developed a service that we actually find useful.
Thank you, Erich Erstu, for answering our questions and providing this functionality to the community. We wish you the best of luck with your project.
Image courtesy of Reddit, CryptoGraffiti.
Source: bitcoincasinoreview.info