The PayTree scheme is simple yet flexible, can support arbitrary number of payees while using a single signature (unlike PayWord); it is easily extendible dynamically (without the use of further signatures) and has a reasonable computational penalty. It can be viewed as a ``divisible coin'' mechanism as well.
Category / Keywords: Publication Info: 3rd USENIX Workshop on Electronic Commerce Date: received 9 Jan 2012 Contact author: csjutla at us ibm com Available formats: PDF | BibTeX Citation Note: This version is slightly different from the one that appeared in the 3rd USENIX Workshop on Electronic Commerce, 1998. Version: 20120110:150330 (All versions of this report) Discussion forum: Show discussion | Start new discussion