How Does CryptoGraffiti Work BetChain app

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How Does CryptoGraffiti Work?

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

June 17, 2016 untill, users were only able to send text messages.  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, when the process of publishing to the blockchain is complete, no one on the planet can censor, delete or rewrite the data it is saved in the blocksCryptogames net free bitcoin earning site Cryptogames site 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 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’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 course and for one of the class homeworks present the results in front of the class and we needed to datamine something. I believed? By way of example, similarly to the way Satoshi wrote”The Times 03/Jan/2009 Chancellor on verge of second bailout for banks” in the very first block of Bitcoin’s block series. I immediately wrote a program that monitors all bitcoin TX’s and searches from the output addresses of each transaction for ASCII text. As I was expecting, I discovered all types of messages, so I made the cryptograffiti.info website that displayed those messages. It was introduced by me .

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

Hyena: I intend to implement Proof-of-Existence support as an added tool for cryptograffiti that allows secure timestamping of files for notary purposes. 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 learned about it on reddit and told me about this”trendy new digital currency which can be used to buy drugs online.” He had been interested in that sort of thing, but I recognized Bitcoinfortune rating Was it scary or fun to learn about Bitcoin at 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 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 like yours?

Hyena: Many people argue that services like cryptograffiti.info cause block series bloat and are thus immoral. They say 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 articles and to swap e-mails with relatives. In my view, the block chain’s immutable data storage aspect gives value to bitcoins and the community should be happy for this.

Bitcoin is not the online money but it also provides a platform for censor communication that is free 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 prompted me to implement the image storing functionality. Also, thanks go to the bitcointalk user xumuku who also donated me bitcoins quite some time ago so I would implement image storing”.

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

Hyena: With 2 decades of operating, people have saved over 500 messages on the block series using cryptograffiti.info and I have received 2.1 bitcoins as donations. Thinking about the cost of bitcoin I will 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 that is conventional.

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

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

Image courtesy of Reddit, CryptoGraffiti.

Source: bitcoincasinoreview.net