Categories: News

EternityWall Records Messages On The Blockchain Forever

Many people see blockchain technology as a very powerful tool to disrupt the financial sector, and they are right in thinking so. At the same time, the blockchain is capable of doing so much more outside of the financial sector, such as creating tamper-proof records of important events in history. Even people looking to declare their love for each other can benefit from blockchain technology, as inscribing a message through EternityWall will be eternal and uncensorable.

Also read: Bitcoin Is The Answer To Remittance Prayers You Don’t Care About Yet

Blockchain Versatility Is Vastly Underestimated

Not every discussion regarding the blockchain has to be about Bitcoin or finance in general. Technology can be adapted to suit pretty much any need people can imagine, and “carving” messages into an impermeable ledger is just one of the many things blockchain technology can be used for.

While it may not sound that romantic to put a message of love on the Bitcoin blockchain, there are quite a few benefits of doing so. First of all, these recorded messages are protected against tampering, as well as timestamped. For couples who value renewing vows on a special date, having a permanent record of when they declared their love to each other for the first time can be quite handy.

In fact, the message recorded on the blockchain would not only be visible to the people who inscribed it, but to the entire world. If that is not a sign of your commitment to loving each other for eternity, what is? Plus, there is a very convenient service that lets you take care of this process with very little effort.

EternityWall is a new startup with a very simple business plan: let anyone in the world engrave a message on the Bitcoin blockchain and visualize it in a digital format. What makes this service even more approachable is how customers don’t even need to own a Bitcoin wallet to use EternityWall.

Related Post

However, there are some other restrictions to using the service provided by EternityWall. First of all, messages can be no longer than 72 characters, and every message requires a Bitcoin transaction to be made. However, customers can engrave one message for free every hour, or pay 0.00015 Bitcoin to bypass that restriction.

Bypassing Censorship With EternityWall

It goes without saying EternityWall provides a perfect example of how blockchain technology can be used to bypass censorship. Even though the messages are limited in length, a lot can be said in 72 characters or less. Plus, since the blockchain is not regulated by any government in the world, there is no way to reverse the record once it has been published on the blockchain.

This is what makes this technology so valuable to people all over the world, as the blockchain records can not be altered once they are created. The entire history of the Bitcoin ecosystem is recorded on this public ledger, and there is no opportunity for anyone in the world to modify those logs.

Source: Motherboard

Images credit 1,2,3

If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Ondo Facilitates Big Banks’ Connection to Blockchain in Historic Settlement

A crucial development is taking place at the intersection of legacy finance and blockchain as…

6 hours ago

Morgan Stanley Adds Crypto Trading To E*Trade With Aiming Millions Of Retail Investors

Morgan Stanley is taking a big step into digital assets space with the launch of…

6 hours ago

Brian Armstrong Sets Course for AI-Driven Transformation As Coinbase Cuts 14% of Workforce

Coinbase is about to undergo one of its largest structural reorganisations in some time, with…

17 hours ago

$150M Crypto Ponzi Scheme Crumbles, Forming Global Fraud Network As Investigators Freeze $41.5M

The suspicious DSJ Exchange (DSJEX) and BG Wealth Sharing scheme, now confirmed a Ponzi operation,…

17 hours ago

BlackRock And Fidelity Lead $532 Million In Institutional Bitcoin ETF Inflows As Demand Soars Following Ceasefire

Demand from institutions is heating up again, with U.S. spot Bitcoin ETFs logging a tally…

1 day ago

Western Union Launches USDPT Stablecoin on Solana to Transform Global Payments Infrastructure

Western Union expands its participation in the digital asset ecosystem with USDPT, a Solana native…

2 days ago