Abstract
We propose a novel protocol for aggregating micropayments in a networked environment. The protocol is based on the idea of debt consolidation and is fully decentralized. We propose client-server and serverless versions of the protocol. We also analyze the mathematical properties of the protocol. Finally, we show how basic cryptographic techniques can be used to support the operation of the protocol in an untrusted environment.
| Original language | English |
|---|---|
| Pages | 332-341 |
| Number of pages | 10 |
| State | Published - 1998 |
| Event | Proceedings of the 1998 18th International Conference on Distributed Computing Systems - Amsterdam, Neth Duration: May 26 1998 → May 29 1998 |
Conference
| Conference | Proceedings of the 1998 18th International Conference on Distributed Computing Systems |
|---|---|
| City | Amsterdam, Neth |
| Period | 05/26/98 → 05/29/98 |
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