Removing the financial incentive to cheat in micropayment schemes

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Micropayment schemes usually do not provide fairness, which means that either the payer or the payee, or both, can cheat the other and gain a financial advantage by misbehaving in the protocols. The authors propose an extension to a family of micropayment schemes that removes the financial incentive to cheat. The proposed extension does not provide true fairness, but it renders misbehaving practically futile for both the payer and the payee. This is achieved without any substantial loss in efficiency in most practical cases.

Original languageEnglish
Pages (from-to)132-133
Number of pages2
JournalElectronics Letters
Issue number2
Publication statusPublished - Jan 20 2000

ASJC Scopus subject areas

  • Electrical and Electronic Engineering

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