Micropayments revisited
| Author(s) : | Ronald L. Rivest Silvio Micali, |
| Publisher : | N/A |
| Publication Date : | 2002 |
| ISSN : | N/A |
| Abstract : | Abstract. We present new micropayment schemes that are more e-cient and user friendly than previous ones. These schemes reduce bank processing costs by several orders of magnitude, while preserving a simple interface for both users and merchants. The schemes utilize a probabilistic deposit protocol that, in some of the schemes, may be entirely hidden from the users. 1, |