Article

PPay: micropayments for peer-to-peer systems

Authors:

Hector Garcia-MolinaAuthors Info & Claims

CCS '03: Proceedings of the 10th ACM conference on Computer and communications security

Pages 300 - 310

https://doi.org/10.1145/948109.948150

Published: 27 October 2003 Publication History

Abstract

Emerging economic P2P applications share the common need for an efficient, secure payment mechanism. In this paper, we present PPay, a micropayment system that exploits unique characteristics of P2P systems to maximize efficiency while maintaining security properties. We show how the basic PPay protocol far outperforms existing micropayment schemes, while guaranteeing that all coin fraud is detectable, traceable and unprofitable. We also present and analyze several extensions to PPay that further improve efficiency.

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B. Yang and H. Garcia-Molina. Ppay: Micropayments for peer-to-peer systems. Technical report, Stanford University, how-2003. http://dbpubs.stanford.edu/pub/2003-31.

Cited By

Ivanov NYan Q(2023)AutoThing: A Secure Transaction Framework for Self-Service ThingsIEEE Transactions on Services Computing10.1109/TSC.2022.318511416:2(983-995)Online publication date: 1-Mar-2023
https://doi.org/10.1109/TSC.2022.3185114
Zheng CMeng SJunxian DLiehuang Z(2023)From Ledger to P2P Network: De-anonymization on Bitcoin Using Cross-Layer AnalysisAdvanced Parallel Processing Technologies10.1007/978-981-99-7872-4_22(390-416)Online publication date: 8-Nov-2023
https://doi.org/10.1007/978-981-99-7872-4_22
Li HXu CWang TWang JZheng PLiu TTang L(2023)A cost‐efficient and QoS‐aware adaptive placement of applications in fog computingConcurrency and Computation: Practice and Experience10.1002/cpe.770135:21Online publication date: 23-Mar-2023
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Index Terms

PPay: micropayments for peer-to-peer systems
1. Computer systems organization
  1. Architectures
    1. Distributed architectures
2. Software and its engineering
  1. Software organization and properties
    1. Software system structures
      1. Distributed systems organizing principles

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Published In

cover image ACM Conferences

CCS '03: Proceedings of the 10th ACM conference on Computer and communications security

October 2003

374 pages

ISBN:1581137389

DOI:10.1145/948109

General Chair:
Sushil Jajodia
George Mason University
,
Program Chairs:
Vijay Atluri
Rutgers University
,
Trent Jaeger
IBM Watson

Copyright © 2003 ACM.

Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

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SIGSAC: ACM Special Interest Group on Security, Audit, and Control

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Association for Computing Machinery

New York, NY, United States

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Published: 27 October 2003

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CCS03: Tenth ACM Conference on Computer and Communications Security 2003

October 27 - 30, 2003

Washington D.C., USA

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Overall Acceptance Rate 1,261 of 6,999 submissions, 18%

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Cited By

Ivanov NYan Q(2023)AutoThing: A Secure Transaction Framework for Self-Service ThingsIEEE Transactions on Services Computing10.1109/TSC.2022.318511416:2(983-995)Online publication date: 1-Mar-2023
https://doi.org/10.1109/TSC.2022.3185114
Zheng CMeng SJunxian DLiehuang Z(2023)From Ledger to P2P Network: De-anonymization on Bitcoin Using Cross-Layer AnalysisAdvanced Parallel Processing Technologies10.1007/978-981-99-7872-4_22(390-416)Online publication date: 8-Nov-2023
https://doi.org/10.1007/978-981-99-7872-4_22
Li HXu CWang TWang JZheng PLiu TTang L(2023)A cost‐efficient and QoS‐aware adaptive placement of applications in fog computingConcurrency and Computation: Practice and Experience10.1002/cpe.770135:21Online publication date: 23-Mar-2023
https://doi.org/10.1002/cpe.7701
Kim S(2022)Blockchain Smart Contract to Prevent Forgery of Degree Certificates: Artificial Intelligence Consensus AlgorithmElectronics10.3390/electronics1114211211:14(2112)Online publication date: 6-Jul-2022
https://doi.org/10.3390/electronics11142112
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Yakubu BKhan MJavaid NKhan A(2021)Blockchain-based secure multi-resource trading model for smart marketplaceComputing10.1007/s00607-020-00886-7Online publication date: 11-Jan-2021
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Dotan MPignolet YSchmid STochner SZohar AVolkamer MWressnegger C(2020)SOKProceedings of the 15th International Conference on Availability, Reliability and Security10.1145/3407023.3407043(1-13)Online publication date: 25-Aug-2020
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Guo WZhang J(2019)Towards Tracing Bitcoin Client using Network Traffic Analysis2019 IEEE International Conference on Signal, Information and Data Processing (ICSIDP)10.1109/ICSIDP47821.2019.9172983(1-5)Online publication date: Dec-2019
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Alotibi BAlarifi NAbdulghani MAltoaimy L(2019)Overcoming Free-Riding Behavior in Peer-to-Peer Networks Using Points System ApproachProcedia Computer Science10.1016/j.procs.2019.04.150151(1060-1065)Online publication date: 2019
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