Sign Arkansas Legal Lease Template Now
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Frequently asked questions
How do you make a document that has an electronic signature?
How do you make this information that was not in a digital format a computer-readable document for the user? "
"So the question is not only how can you get to an individual from an individual, but how can you get to an individual with a group of individuals. How do you get from one location and say let's go to this location and say let's go to that location. How do you get from, you know, some of the more traditional forms of information that you are used to seeing in a document or other forms. The ability to do that in a digital medium has been a huge challenge. I think we've done it, but there's some work that we have to do on the security side of that. And of course, there's the question of how do you protect it from being read by people that you're not intending to be able to actually read it? "
When asked to describe what he means by a "user-centric" approach to security, Bensley responds that "you're still in a situation where you are still talking about a lot of the security that is done by individuals, but we've done a very good job of making it a user-centric process. You're not going to be able to create a document or something on your own that you can give to an individual. You can't just open and copy over and then give it to somebody else. You still have to do the work of the document being created in the first place and the work of the document being delivered in a secure manner."
How to esign signatures?
How and when to use the private key to sign a message, using the private key to sign a message from Alice or Bob (and so on)?
For most users, signing keys are not stored on an external computer where it can be stolen and used to impersonate you. Instead, you sign your Bitcoin messages with a "public key", which is stored on the bitcoin network. Public keys are like your Social Security number for Bitcoin: they can be used anywhere that you can sign a note. For users of Bitcoin with a desktop wallet, a public key is a single 256-bit number.
In a standard transaction, Alice makes a transaction from her Bitcoin wallet to Bob's Bitcoin wallet, and Bob makes an equivalent transaction back to Alice's Bitcoin wallet. The private key of Alice's key-pair is used to sign the transaction, and the public key of Bob's public key is used to return the signed transaction back to Alice: they both get a copy of the signature.
This has two downsides:
You cannot change your public key. Once you get it, all future transactions involving the bitcoin address you use will require this public key. You cannot change the private key, either, unless you get it from someone else. You can't easily transfer a message between Alice and Bob without also using the public key to sign that message.
Public key encryption
In the standard, you sign a transaction with your private key and your public key, then publish the signed transaction on the network. The bitcoin network can only accept your signature...
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