How Does CryptoGraffiti Work?

A guest pay some bitcoin can type their message into the text area, and see the message decoded from the blockchain and displayed on the CryptoGraffiti site, along with other messages from the Bitcoiners.

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

The images can be up to 50KB in size. And, once of publishing to the blockchain the process is finished, no one on Earth can censor, delete or rewrite the data it is stored in the blocks foreverBetcoin site it is 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 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 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 datamining course and for one of the class homeworks present the results and we needed to datamine something. I thought that, what if people have stored messages from the Bitcoin block chain? For instance, 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 immediately wrote a program that monitors all bitcoin TX’s and hunts in the output addresses of each transaction for ASCII text. As I was expecting, I discovered all kinds of messages, so I made the cryptograffiti.info site that displayed those messages. I presented it .

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

Hyena: I intend to implement Proof-of-Existence service as an additional instrument for cryptograffiti that allows secure timestamping of files for notary purposes. Also, In the future I want to develop some interesting provably.

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

Hyena: I heard 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 may be used to buy drugs online. » Apparently, he was interested in that sort of thing, but I instantly realized BitcoinBitcoin Casinos – https://bitcoincasinoreview.info/ Was it scary or entertaining 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.

As a result of Bitcoin, I know how the world economics work, how central banks function and all that.

A satirical message concerning the current DAO troubles.

BC: What do you think about the ecosystem market for services such as yours?

Hyena: Many 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 scientific articles and also to exchange e-mails with relatives. In my opinion, the block chain’s immutable data storage aspect gives intrinsic value and the community ought to be happy for it.

Bitcoin is not the Internet money but it also offers a platform for communicating that is censor and trustless services.

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

« I am happy to announce that I have just received a contribution 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 a while ago so that I would exert picture storing ».

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

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 donations. Thinking about the current price of bitcoin I will say that I have never been working with a loss.

The agency has a potential to become even more profitable and it ought to be one day turned into a organization.

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

Thank you, Erich Erstu, 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