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PayWord and MicroMint: Two simple micropayment schemes

RL Rivest, A Shamir - International workshop on security protocols, 1996 - Springer ~ Ve present two simple micropayment schemes," PayWord" and:'MicroMint," for making
small purchases over the Internet. We were inspired to work on this problem by DEC's"
Millicent" scheme [10]. Surveys of some electronic payment schemes can be found in
Hallam-Baker [6], Schneier [16], and Wayner [18]. Our main goal is to minimize the number
of public-key operations required per payment, using hash operations instead whenever
possible. As a rough guide, hash functions are about 100 times faster than RSA signature Cited by 916 Related articles All 28 versions HelpPrivacyTerms