Ethereum & Bitcoin: Not Just for Money, But for Memories Too

Did you know that blockchain technology is not only used for sending money but also for storing information and your words? Blockchain is here to stay. One of the many great things about blockchain is once you input something into the blockchain, it's there for everyone to see and cannot be changed (immutable).

This article will guide you on how you can do it yourself but before that we would like to give you a few examples:

Examples:

  • Love Declarations: "Dave Loves Lisa - 3-4-2024"
  • Family Milestones: "Grandson Mickey Born - 1-1-2024"
  • The Arts: "Released New Album by X Me - 12-12-2023"
  • Tributes: "Boxer, the bravest Chihuahua, love you - 2014-2024"
  • Memories: "The Day I Met My Wife - Jan 9th, 1989"

Don't Feel Like Reading? We Made a Video Explaining the Full Details of the Topic. Click Here to Scroll Down to The Video

IMPORTANT DISCLAIMER NOTE:

Before attempting this yourself, it is crucial to learn about blockchain technology. Be aware of the risks involved, learn how to secure your wallet, and understand the technology thoroughly. It's all at your own risk. If you’re not sure about something, it's better not to proceed. As with any new technology, be aware of what you’re doing and its potential consequences.

Store Your Words in the Bitcoin Blockchain

  1. Ensure you have the Electrum wallet. If you don’t, download it from Electrum website, and save your seed words safely and securely. Remember never to share the seed words, expose them to a camera, or store them digitally.
  2. Purchase Bitcoin via an exchange or from a private seller and transfer it to your Electrum wallet.
  3. Convert the text you wish to store into a hex string using a tool like String to Hex Converter. Note: Limit your message to 80 characters or less. (Characters include numbers, letters, spaces and special characters and are in English. Non-english characters may take more than 1 character.)
  4. In your Electrum wallet, open the 'Send' tab and enter your hex string in the 'Pay to:' field, preceded by 'OP_RETURN'.
  5. Set the amount to 0.00001 mBTC and proceed with the payment.
  6. After sending, wait at least 10 minutes for the transaction to be confirmed in the first block. You can verify your transaction by copying the transaction ID and checking it on Blockchain.com Explorer.

Bitcoin Blockchain Store Words Example

Store Your Words in the Ethereum Blockchain

  1. Ensure you have a wallet, either with MetaMask (MetaMask website) or Brave (Brave website). Download it if necessary, and secure your seed words as mentioned above in the bitcoin section.
  2. Acquire Ethereum via an exchange or from a private seller and transfer it to your wallet.
  3. Convert your desired text into a hex string, keeping the character limit in mind of 80 characters (Characters include numbers, letters, spaces and special characters and are in English. Non-english characters may take more than 1 character.)
  4. Visit MyEtherWallet, click on 'Access My Wallet', and confirm your account via the popup in your wallet.
  5. In the 'Send' section, enter your wallet address in the 'To' field. In the 'Advanced' section, add your hex string to the 'Add Data' field after '0x', ensuring no spaces between the hex string and '0x'.
  6. Proceed with sending, confirming the amounts and gas fees both in MyEtherWallet and in your browser.
  7. Wait at least 13 seconds for the transaction to be confirmed in the first block. You can track your transaction by copying the transaction ID and checking it on Etherscan. In the 'More Details' section, select 'View as UTF8' to see your message.

Ethereum Blockchain Store Words Example

By following these steps, you can immortalize your memories or messages on either the Bitcoin or Ethereum blockchains, making them a permanent part of the digital world. Remember to always proceed with caution and understanding, as blockchain technology is powerful and requires responsible use.


Tutorial too technical or difficult?

Wrytten can help you out via their service. Visit Eternal Inkwell wrytten.com for more information.

View Entire Topic Via Our Youtube Walkthrough:

Leave a comment

Please note, comments need to be approved before they are published.

Tags

Thank You For Reading Our Articles!

We're committed to delivering real answers, valuable insights, and efficient knowledge online. Join us by subscribing, sharing, and engaging with our community to make a difference!