A new micro-payment protocol based on P2P networks

Jia Zou, Tiange Si, Liansheng Huang, Yiqi Dai

Research output: Chapter in Book/Report/Conference proceedingConference contribution

12 Scopus citations

Abstract

Introducing micro-payment mechanism into P2P systems will bring economic incentives to various P2P applications and encourage peers to share their resources. In this paper, we present a new micro-payment protocol, CPay, which exploits unique characteristics of P2P systems. The protocol establishes dynamic consistent hashing map between the set of all peers in the system and its subset of high performance peers. In each transaction, the payer's corresponding high performance peer checks the transaction to make sure that any illegal use of the e-coin will be timely detected. The protocol effectively exploits the heterogeneity of the P2P system and can achieve load balance.

Original languageEnglish (US)
Title of host publicationProceedings - ICEBE 2005
Subtitle of host publicationIEEE International Conference on e-Business Engineering
Pages449-455
Number of pages7
DOIs
StatePublished - Dec 1 2005
Externally publishedYes
EventICEBE 2005: IEEE International Conference on e-Business Engineering - Beijing, China
Duration: Oct 18 2005Oct 21 2005

Publication series

NameProceedings - ICEBE 2005: IEEE International Conference on e-Business Engineering
Volume2005

Other

OtherICEBE 2005: IEEE International Conference on e-Business Engineering
CountryChina
CityBeijing
Period10/18/0510/21/05

ASJC Scopus subject areas

  • Engineering(all)

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  • Cite this

    Zou, J., Si, T., Huang, L., & Dai, Y. (2005). A new micro-payment protocol based on P2P networks. In Proceedings - ICEBE 2005: IEEE International Conference on e-Business Engineering (pp. 449-455). [1552930] (Proceedings - ICEBE 2005: IEEE International Conference on e-Business Engineering; Vol. 2005). https://doi.org/10.1109/ICEBE.2005.12