In this paper, we present a Micro-payment based Isolation of Misbehavior(MIM) secure routing protocol. The protocol contains three parts: micro-payment scheme, routingdiscovery and malicious nodes detection The micro-...In this paper, we present a Micro-payment based Isolation of Misbehavior(MIM) secure routing protocol. The protocol contains three parts: micro-payment scheme, routingdiscovery and malicious nodes detection The micro-payment scheme proposed in MIM is the firstvirtual currency system that can be suit lor sensor network environment, Based on the micro-paymentscheme, we device an energy aware routing protocol, which forwards packets by auction. Furthermore,the base station can detect and isolate misbehave or non-cooptrare nodes according to the routinginformation.展开更多
Payment Channel Networks(PCNs)are a promising alternative to improve the scalability of a blockchain network.A PCN employs off-chain micropayment channels that do not need a global block confirmation procedure,thereby...Payment Channel Networks(PCNs)are a promising alternative to improve the scalability of a blockchain network.A PCN employs off-chain micropayment channels that do not need a global block confirmation procedure,thereby sacrificing the ability to confirm transactions instantaneously.PCN uses a routing algorithm to identify a path between two users who do not have a direct channel between them to settle a transaction.The performance of most of the existing centralized path-finding algorithms does not scale with network size.The rapid growth of Bitcoin PCN necessitates considering distributed algorithms.However,the existing decentralized algorithms suffer from resource underutilization.We present a decentralized routing algorithm,Swift,focusing on fee optimization.The concept of a secret path is used to reduce the path length between a sender and a receiver to optimize the fees.Furthermore,we reduce a network structure into combinations of cycles to theoretically study fee optimization with changes in cloud size.The secret path also helps in edge load sharing,which results in an improvement of throughput.Swift routing achieves up to 21%and 63%in fee and throughput optimization,respectively.The results from the simulations follow the trends identified in the theoretical analysis.展开更多
This paper investigates the structure of the payment card market, with consumers and merchants basing their subscription decisions on different information sets. We find that the market structure depends crucially on ...This paper investigates the structure of the payment card market, with consumers and merchants basing their subscription decisions on different information sets. We find that the market structure depends crucially on the information set on which consumers and merchants base their subscription decisions. In the studied case, we observe that a market with few cards dominating only emerges when decisions are based on very limited information. Under the same conditions using a complete information set, all cards survive in the long run. The use of an agent-based model, focusing on the interactions between merchants and consumers, as a basis for subscription decisions allows us to investigate the dynamics of the market and the effect of the indirect network externalities rather than investigating only equilibrium outcomes.展开更多
文摘In this paper, we present a Micro-payment based Isolation of Misbehavior(MIM) secure routing protocol. The protocol contains three parts: micro-payment scheme, routingdiscovery and malicious nodes detection The micro-payment scheme proposed in MIM is the firstvirtual currency system that can be suit lor sensor network environment, Based on the micro-paymentscheme, we device an energy aware routing protocol, which forwards packets by auction. Furthermore,the base station can detect and isolate misbehave or non-cooptrare nodes according to the routinginformation.
文摘Payment Channel Networks(PCNs)are a promising alternative to improve the scalability of a blockchain network.A PCN employs off-chain micropayment channels that do not need a global block confirmation procedure,thereby sacrificing the ability to confirm transactions instantaneously.PCN uses a routing algorithm to identify a path between two users who do not have a direct channel between them to settle a transaction.The performance of most of the existing centralized path-finding algorithms does not scale with network size.The rapid growth of Bitcoin PCN necessitates considering distributed algorithms.However,the existing decentralized algorithms suffer from resource underutilization.We present a decentralized routing algorithm,Swift,focusing on fee optimization.The concept of a secret path is used to reduce the path length between a sender and a receiver to optimize the fees.Furthermore,we reduce a network structure into combinations of cycles to theoretically study fee optimization with changes in cloud size.The secret path also helps in edge load sharing,which results in an improvement of throughput.Swift routing achieves up to 21%and 63%in fee and throughput optimization,respectively.The results from the simulations follow the trends identified in the theoretical analysis.
文摘This paper investigates the structure of the payment card market, with consumers and merchants basing their subscription decisions on different information sets. We find that the market structure depends crucially on the information set on which consumers and merchants base their subscription decisions. In the studied case, we observe that a market with few cards dominating only emerges when decisions are based on very limited information. Under the same conditions using a complete information set, all cards survive in the long run. The use of an agent-based model, focusing on the interactions between merchants and consumers, as a basis for subscription decisions allows us to investigate the dynamics of the market and the effect of the indirect network externalities rather than investigating only equilibrium outcomes.
