Year: 2014
Type: preprint
Abstract: The need of totally secure online auction has led to the invention of many auction protocols. But as new attacks are developed, auction protocols also require corresponding strengthening. We analyze the auction protocol based on the well-known mathematical public-key knapsack problem for the design of asymmetric public-key knapsack trapdoor cryptosystem. Even though the knapsack system is not cryptographically secure, it can be used in certain auction situations. We describe the limitations of the protocol like detecting and solving the tie between bidders, malicious behavior of participants and also selection of price set by the seller and offer solutions.
Source: arXiv (Cornell University)
Author: Chodisetti, Navya
Language: English
Subfield: Artificial Intelligence
Field: Computer Science
Domain: Physical Sciences
Open Access status: green
OpenAlex ID: W192287774