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Monetary incentive with reputation for virtual market-place based P2P

Published: 24 October 2005 Publication History

Abstract

One of the underlying assumptions on the design of peer-to-peer (P2P) network is that each peer trusts each other for forwarding transit messages. However, with the growth of P2P application, especially in business model, some peers may behave as selfish, irrational nodes due to conflict of interest or for conservation bandwidth. In our model, the P2P network is considered as a virtual market-place where peers can find, provide, and use services. Since peers are owned and operated by different entities, they do not necessarily share the same goals, but rather, to serve their own interests. In this paper, incentive mechanism to motivate peers to forward messages is proposed. We have implemented the monetary as an incentive mechanism, in which peers can setup their cost to charge for transiting a message. However, with only monetary incentive, peers may misbehave. Therefore, the decentralized reputation has been implemented with monetary mechanism. This will allow an application with dramatically improved utility, co-operate among peers and hence enable whole new domains of use.

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      cover image ACM Conferences
      CoNEXT '05: Proceedings of the 2005 ACM conference on Emerging network experiment and technology
      October 2005
      318 pages
      ISBN:159593197X
      DOI:10.1145/1095921
      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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      Published: 24 October 2005

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      Author Tags

      1. incentive
      2. peer-to-peer
      3. reputation
      4. system design

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      • (2018)A Credits-Based Economy for P2P Systems2018 International Conference on Applied Smart Systems (ICASS)10.1109/ICASS.2018.8652019(1-6)Online publication date: Nov-2018
      • (2015)Reputation systemsJournal of Parallel and Distributed Computing10.1016/j.jpdc.2014.08.00475:C(184-197)Online publication date: 1-Jan-2015
      • (2014)ReferencesMobility Protocols and Handover Optimization10.1002/9781119945505.refs(409-424)Online publication date: 28-Mar-2014
      • (2012)BibliographyPeer-to-Peer Computing10.1201/b11091-10(175-195)Online publication date: 21-Feb-2012
      • (2010)A funding and governing model for achieving sustainable growth of computing e-infrastructuresannals of telecommunications - annales des télécommunications10.1007/s12243-010-0188-965:11-12(739-756)Online publication date: 4-Jul-2010
      • (2009)Autonomic Peer-to-Peer Systems: Incentive and Security IssuesAutonomic Computing and Networking10.1007/978-0-387-89828-5_9(205-236)Online publication date: 30-Apr-2009
      • (2007)FairPeersJournal of Network and Systems Management10.1007/s10922-007-9066-915:3(355-382)Online publication date: 1-Sep-2007
      • (2006)Mobile DRM-Enabled Multimedia Platform for Peer-to-Peer ApplicationsProceedings of the Eighth IEEE International Symposium on Multimedia10.1109/ISM.2006.108(139-144)Online publication date: 11-Dec-2006

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