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The south Korean president Moon Jae-in and the north Korean leader Kim Jonj-Un has been saved and recorded on the ethereum blockchain, where the historic Panmujom declaration that the two nations signed will now be stored in perpetuity.
Governments themselves did not encode their peace agreement into the world’s largest supercomputer, but Coindesk korea reports that 27- year old south Korean game developer Ryu Gi-hyeok published the Panmunjom declaration on the ethereum blockchain in both Korean and English.
Ryu Gi-hyeok said although he was not interested in politics, but the major leap in the both countries wasn’t what he’ll just overlook, hence they’ve decided to give each other one step and listen to each other. After finding out what I could do as a developer, I found the Panmujon Declaration from the Blue house homepage and recorded it on ethereum blockchain.
“The Panmujon Declaration, written on Ethereum block 551,7595, will not go away unless Ethereum is gone,” I wanted to keep the world record of North and South Korea in the world of Crypto.”
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So many cryptocurrencies allow users to store data on the blockchain, though some like bitcoin place tight constraints on how much data can be included in a single transaction.
Ryu was able to store each version of the peace agreement in a single ethereum transaction by inputing each feild of transaction. He collectively paid about $10 in gas fee to store the data on the blockchain.
About last month, US brokerage firm TD Ameritrade used a series of 68 transactions to code an advertisement into the bitcoin blockchain, becoming the first public company to do so.
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Blockchain can be used to store very important files which cannot be altered or deleted ..... welcome to the 21st century of CRYPTOGRAPHY.
Well researched friend. Nice one
Thanks so much sir!
The blockchain is the safest place to keep the record. This treaty of peace between the nations is a good one.
Thanks for sharing
Yes blockchain is... The treaty is a great one... Thanks for stopping by!