Title
Efficient Sealed-Bid Auction Using Hash Chain
Abstract
This paper proposes the first sealed-bid auction method which uses only hash function. We use a hash chain to commit a bidding price. By using the hash chain, we can drastically reduce the time needed for bidding and opening bids. If we use a practical hash function e.g. SHA-1, our method is 200,000 times faster than former methods that use public key cryptosystems. Accordingly, our method is capable of wide application in terms of the number of bidders and the range of bidding prices.
Year
DOI
Venue
2000
10.1007/3-540-45247-8_15
ICISC
Keywords
DocType
ISBN
practical hash function,former method,hash function,hash chain,efficient sealed-bid auction,public key cryptosystems,sealed-bid auction method,bidding price,wide application
Conference
3-540-41782-6
Citations 
PageRank 
References 
36
1.53
7
Authors
3
Name
Order
Citations
PageRank
Koutarou Suzuki151829.57
Kunio Kobayashi2937.08
Hikaru Morita311913.58