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How Does CryptoGraffiti Work?

A visitor pay some bitcoin can type their message into the text field, and view the message decoded in the blockchain and exhibited on the CryptoGraffiti website, together with other messages from the Bitcoiners.

June 17, 2016, untill, users were only 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 pictures can be up to 50KB in size. And, when the process of publishing to the blockchain is complete, no one on the planet is able to censor, edit or delete the data it’s stored in the blocks indefinitelybitcasino bitcoin casino 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 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 had been studying in the Masters’ program of Software Engineering in the University of Tartu. We had a class and for one of the class homeworks we had to datamine something and present the results in front of the class. I thought that, what if people have stored messages from 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 chain. I wrote a program that monitors all bitcoin TX’s and hunts from the output addresses of each 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. It was presented by me 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 tool for cryptograffiti which allows secure timestamping of documents for notary purposes. In addition, in the future I want to develop some interesting provably fair game that’s 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 heard about it on reddit and told me about this”trendy new digital currency which can be used to buy drugs online.” Apparently, he had been interested in that type of thing, but I recognized Bitcoinonline casino accepting bitcoin bitcoin casino best slots 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 into the secrets of the financial world.

Thanks to Bitcoin, I now understand the world economics work, how central banks operate and all that.

A satirical message concerning the current DAO troubles.

BC: What do you consider the ecosystem market for services like yours?

Hyena: Some people 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 believe it’s 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 data storage feature gives intrinsic value to bitcoins and the community should be happy for this.

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

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

“I am happy 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 user xumuku who also donated me bitcoins quite some time ago so that I would exert picture 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 maintain a simple looking but very strong 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 donations. Thinking about the cost of bitcoin I can say that I have never been working with a loss.

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

I’m yet to be approached by investors or people . Until that, I am 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.

Picture courtesy of Reddit, CryptoGraffiti.

Source: bitcoincasinoreview.net

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