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20 Juin

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Crypto reviews

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How Can 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, together with messages from the Bitcoiners.

June 17, 2016 untill, users were 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 finished, no one on Earth is able to censor, delete or rewrite the information it is saved in the blocksbitcoincasino app it’s the first service in the Bitcoin ecosystem which implements automated 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 possible outcomes for the Bitcoin community.

Bitcoin.com (BC): What do you do for living?

A photo 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 course homeworks we had to datamine something from the world that is real and present the results. I thought? For 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 immediately wrote a program that searches and monitors bitcoin TX’s from the output addresses of each transaction for ASCII text. As I was hoping, I discovered all kinds of messages, so I made the cryptograffiti.info site that displayed those messages. I introduced it as a result of my homework.

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

Hyena: I intend to implement Proof-of-Existence support as an additional instrument for cryptograffiti which allows secure timestamping of files for notary purposes. Also, In the future I want to develop some fun provably game that is played on bitcoins.

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

Hyena: I learned about the Bitcoin technology in 2011 from a friend who heard about it on reddit and told me about this »trendy new digital 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 the century777coin casino review Was it scary or fun 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.

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

A satirical message about the current DAO troubles.

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

Hyena: Many folks argue that services such as cryptograffiti.info cause block series bloat and are thus immoral. It is said that the block chain should not be used for this.

I believe it’s the same like saying that the Internet should only be used for publishing articles and also to swap e-mails with relatives. In my opinion, the immutable data storage feature of the block chain gives intrinsic value and the community ought to be happy for this.

Bitcoin is not the online money that is magic but it also provides a platform for censor communicating and trustless 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 prompted me to implement the image storing. Also, thanks go to the bitcointalk consumer xumuku who also contributed me bitcoins quite some time ago so that I would implement image storing ».

You have many such messages in the thread. Looks like the service has a real capacity and a big fan-base to grow. Is it profitable to maintain such a simple looking but site?

Hyena: With 2 years of operating, people have saved over 500 messages on the block chain using cryptograffiti.info and I have received 2.1 bitcoins as gifts. Thinking about the current cost of bitcoin I will say that I have never been operating with a loss.

The agency has a potential to become more rewarding and it should be one day turned into a organization.

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

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

Picture courtesy of Reddit, CryptoGraffiti.

Source: bitcoincasinoreview.info

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