How Does CryptoGraffiti Work BetChain app

How Can CryptoGraffiti Work?

A guest pay some bitcoin can type their message into the text area, and after 1-10 minutes view the message displayed on the CryptoGraffiti website and decoded from the blockchain from the Bitcoiners.

Untill June 17, 2016, users were only able to send text messages.  But 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 the process of publishing to the blockchain is complete, no one on the planet is able to censor, delete or rewrite the data it’s stored in the blocks indefinitelybitcoin casino iphone app bitcoin casino free spins it’s 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 founder, Erich Erstu (nickname Hyena), to ask him a few questions about his vision of the job and its potential 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 class and for one of the class homeworks present the results and we needed to datamine something from the world that is actual. I thought? 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 wrote a program that hunts and monitors bitcoin TX’s in the output addresses of each trade for ASCII text. As I was expecting, I discovered all types 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 intend to implement in future?

Hyena: I intend to employ Proof-of-Existence support as an additional tool for cryptograffiti that allows secure timestamping of files for notary purposes. In addition, in the future I’d like to develop some interesting provably game that is played on bitcoins.

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

Hyena: I learned about the Bitcoin tech in 2011 from a friend who learned about it on reddit and told me about this”trendy new digital currency which can be used to buy drugs online.” Apparently, he was interested in that type of thing, but I recognized BitcoinBitcoin Casinos – https://bitcoincasinoreview.info/ Was it scary or fun to learn about Bitcoin in 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 central 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 like 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 the same like saying that the Internet should be used for publishing scientific articles and also to swap e-mails with relatives. In my opinion, value is given by the block chain’s immutable data storage feature and the community should be happy for it.

Bitcoin is not just the online money but in addition, it provides a platform for censor communicating that is free and trustless services.

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

“I am delighted 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 user xumuku who also contributed 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 huge fan-base and a real capacity to grow. Is it profitable to keep a simple looking but very powerful website?

Hyena: With two years of operating, people have saved over 500 messages on the block chain using cryptograffiti.info and I have obtained 2.1 bitcoins as gifts. Considering the current cost of bitcoin I can say that I have never been working with a loss.

The agency has a potential to become even more profitable and perhaps it should be turned into a conventional business.

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

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

Image courtesy of Reddit, CryptoGraffiti.

Source: bitcoincasinoreview.info