A Secure Protocol for the Electronic Auction

Recently, Jaiswal et al. proposed a protocol to improve the multi-agent negotiation test-bed which was proposed by Collins et al. Using publish/subscribe system, time-release cryptography and anonymous communication, their protocol gives an improvement on the old one. However, it is shown that the protocol also has some security weaknesses: such as replay data attack and DOS (denial-of-service) attack, anonymity disclosure, collusion between customers and a certain supplier. So proposed protocol reduces DOS attack and avoids replay data attack by providing ticket token and deal sequence number to the supplier. And it is proved that the way that market generates random number to the supplier is better than the supplier do by himself in guaranteeing anonymity. Market publishes interpolating polynomial for sharing the determination process data. It avoids collusion between customer and a certain supplie