CryptoSpeech is a Twitter-style message storage which utilizes Etherium BlockChain. A unique feature of CryptoSpeech is its use of Ethereum Virtual Machine(EVM) to store and retrieve messages. This results in messages to be stored forever along with the timeline and user who submitted that message. In case of CryptoSpeech being offline or down, the data will be intact and preserve. The EVM will keep a record of all transactions as long as Ethereum exists.
The main difference between CryptoSpeech and other websites is their functioning principal. Generally, a website works as a single computer storing all the relevant data but CryptoSpeech works on decentralized mechanism and data is distributed among a large number of computers enabling it to last long, be safe, and avoid any loss due to any damage or closure of the data base. Hence, the data will be public and available until the computers are there to contribute to it.
This system provides smart contracts which are specific conditions designed to allow payment or any other performance for a certain contract. If these conditions are fulfilled the contract execution command will come in action and the money will be transferred to the relevant person without any outside interference. These codes and commands are called smart contracts which are using decentralized Apps(dApps) to provide eternity to any data.
The mechanism of CryptoSpeech, usage procedure, requirements and details of its codes are available here:http://cryptospeech.com/how-it-works.html.