Re: Obyte: Totally new consensus algorithm + private untraceable payments

This works until it doesn't. And then not so funny things happen:

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US Court Rejects DocuSign E-Signatures as method to provide Digital Authorization

An important point is that when the attorney was asked to prove that the e-signature belonged to the legitimate signer, it was shown that it was not possible because the DocuSign e-signature is generated by just a click to sign button. There is no guarantee who clicks on the button and the declared name by itself (the area where the signer enters their name) is just a placeholder that can be filled by anybody.

https://www.cryptomathic.com/news-events/blog/us-court-rejects-docusign-e-signatures-as-method-to-provide-digital-authorization

See? The judge apparently is so ignorant as me. Or is this e-signing not so sure as you might think.

With Obyte wallet where the password is not mandatory it's just laughable.

If you read the article carefully you will find that in EU for e-signature to be valid and not dismissed by court:

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"users must be positively identified and certified as being the individual they claim to be before they can issue an e-signature above the simple electronic signature level."

There's no certification process of validity in Obyte so claiming that:

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"even Obyte announcement says that prosaic contracts satisfy all 4 requirements of advanced electronic signature under Article 26 of eIDAS in EU"

is equally laughable.