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Blind Auction program #74

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Tracked by #68
SwayStar123 opened this issue Jun 7, 2022 · 0 comments
Open
Tracked by #68

Blind Auction program #74

SwayStar123 opened this issue Jun 7, 2022 · 0 comments
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App: Auctions Label used to filter for the app issue New Feature New addition that does not currently exist

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@SwayStar123
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A blind auction is where users can bid without others knowing their bid amounts. This is achieved with hashing (the value they want to bid, whether or not its a fake bid, and a secret) and sending that onto the chain. This hashed bid is later revealed, and if the deposits are greater than the value, and its a real bid, its accepted as a valid bid.
After the reveal period ends, the highest bidder wins.

solidity implementation

@SwayStar123 SwayStar123 added the New Feature New addition that does not currently exist label Jun 7, 2022
This was referenced Jun 7, 2022
@SwayStar123 SwayStar123 self-assigned this Jun 7, 2022
@Braqzen Braqzen added the App: Auctions Label used to filter for the app issue label Jun 24, 2022
@SwayStar123 SwayStar123 closed this as not planned Won't fix, can't repro, duplicate, stale Feb 21, 2024
@SwayStar123 SwayStar123 reopened this Feb 21, 2024
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Labels
App: Auctions Label used to filter for the app issue New Feature New addition that does not currently exist
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