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### PayWord and MicroMint: Two simple micropayment schemes

RL Rivest, A ShamirÂ - International workshop on security protocols, 1996 - Springer ~ Ve present two simple micropayment schemes," PayWord" and:'MicroMint," for makingsmall 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