Bidding in P2P Content Distribution Networks using the Lightweight Currency Paradigm ∗

This paper presents a micro-payment-based architecture for P2P content distribution networks using the Lightweight Currency Protocol. Under this architecture, autonomous peers form a dynamic overlay network that evolves as peers buy and sell documents with the Lightweight Currency Protocol (LCP). By adopting a payment-based system, member peers are forced to contribute resources in order to obtain benefits, thus eliminating the free-rider problem. We present a document search mechanism that is based on bidding, with the use of micro-payments

Bidding in P2P Content Distribution Networks using the Lightweight Currency Paradigm

This paper presents a micro-payment-based architecture for P2P content distribution networks using the Lightweight Currency Protocol. Under this architecture, autonomous peers form a dynamic overlay network that evolves as peers buy and sell documents with the Lightweight Currency Protocol (LCP). By adopting a payment-based system, member peers are forced to contribute resources in order to obtain benefits, thus eliminating the free-rider problem. We present a document search and node discovery mechanisms that are based on bidding, contrast two fundamentally di#erent trading strategies, and analyze the potential of cheating