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The General Pay-Word: A Micro-payment Scheme Based on n-dimension One-way Hash Chain

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Abstract

In this paper, we extend the Pay-Word micro-payment scheme using the 1-dimension one-way hash chain to generate an n-dimension one-way hash chain. According to the system requirements, a user can flexibly choose the number of dimensions to gain the best time/space trade off. The proposed scheme is based on an n-dimension one-way hash chain, which can improve the efficiency of deriving the pay-words but also increase the temporary storage space. In addition, this scheme is fit for real-time payment.

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Correspondence to Iuon-Chang Lin.

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AMS Classification: 14G50, 11T71

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Lin, IC., Hwang, MS. & Chang, CC. The General Pay-Word: A Micro-payment Scheme Based on n-dimension One-way Hash Chain. Des Codes Crypt 36, 53–67 (2005). https://doi.org/10.1007/s10623-003-1162-6

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  • DOI: https://doi.org/10.1007/s10623-003-1162-6

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