Title :
Tipping Pennies? Privately Practical Anonymous Micropayments
Author :
Carbunar, Bogdan ; Chen, Yao ; Sion, Radu
Author_Institution :
Sch. of Comput. & Inf. Sci., Florida Int. Univ., Miami, FL, USA
Abstract :
We design and analyze the first practical anonymous payment mechanisms for network services. We start by reporting on our experience with the implementation of a routing micropayment solution for Tor. We then propose micropayment protocols of increasingly complex requirements for networked services, such as P2P or cloud-hosted services. The solutions are efficient, with bandwidth and latency overheads of under 4% and 0.9 ms, respectively, in the ORPay implementation, provide full anonymity (for both payers and payees), and support thousands of transactions per second.
Keywords :
cloud computing; computer networks; financial data processing; peer-to-peer computing; ORPay implementation; P2P services; Tor; cloud-hosted services; micropayment protocols; network services; privately practical anonymous micropayments; routing micropayment solution; Cryptography; Educational institutions; Electronic mail; Materials; Privacy; Protocols; Routing; Computer networks; computers and information processing;
Journal_Title :
Information Forensics and Security, IEEE Transactions on
DOI :
10.1109/TIFS.2012.2204982