EthCC, Protocol Guild, and Shutter Network support the launch of a blockchain 'time capsule', allowing users to cryptographically store memories for 2.5 USD worth of ETH.
To commemorate the 10th anniversary of the Ethereum genesis block (which will arrive on July 30), a community-initiated Ethereum project launched an on-chain 'time capsule' this Monday, inviting users to cryptographically store artworks, memories, messages, and predictions in a smart contract, which will only be unveiled on the network's 11th birthday.
The capsule made its debut at the Ethereum Community Conference (EthCC), jointly supported by Protocol Guild and Shutter Network. Users only need to pay approximately 2.50 USD worth of ETH to submit a file, with all proceeds donated to Protocol Guild to support core Ethereum research.
The project will use Shutter's threshold encryption technology to protect the data. Starting from July 30 of this year, all submitted content will be sealed until the same day next year, when it will be uniformly decrypted and permanently stored on the Ethereum chain.
'Celebrating our history helps nourish Ethereum's culture and values.' — Jérôme de Tychey, founder of EthCC and president of Ethereum-France.
Protocol Guild contributor 'Cheeky Gorilla' stated that this is an opportunity to 'reflect on past progress and prepare for the next decade.'
The Ethereum white paper was published by Vitalik Buterin in 2013, envisioning a programmable blockchain platform different from Bitcoin, which opened a new era of on-chain finance. The network officially launched in July 2015 and initiated through early public fundraising. According to data from The Block, Ethereum is currently the second-largest blockchain in the crypto market, with a market cap close to 300 billion USD.
