2014/05/01 by Navya Chodisetti, Chodisetti, Navya
Computer Science · Engineering · #Advanced Data Storage Technologies #Advanced Manufacturing and Logistics Optimization #Vehicle License Plate Recognition #cs.CR
paper · pdf · doi:10.48550/arxiv.1405.0201
17, 6 figures
arxiv created 2014/05/01 · arxiv updated 2014/05/02
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.