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and there's even an academic paper about them (Verifiable Sealed-Bid Auction on the Ethereum
Blockchain), I think that it's clear that the community is quite interested in them and they are common in the ecosystem. Furthermore, given that most implementations of blind auctions are conceptually similar (process is usually split in three phases: bidding, revealing the hidden bids and picking the winner) I propose to standardise a contract interface for blind auctions. This would allow systems to operate with any blind auction contract, avoiding the problem of having to implement custom logic for each contract.
Please let me know your opinions/thoughts on the matter.
This issue will be the main discussion forum for the EIP draft to come.
The text was updated successfully, but these errors were encountered:
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Given that blind auctions seem to have been chosen as the distribution method for several projects, such as:
and there's even an academic paper about them (Verifiable Sealed-Bid Auction on the Ethereum
Blockchain), I think that it's clear that the community is quite interested in them and they are common in the ecosystem. Furthermore, given that most implementations of blind auctions are conceptually similar (process is usually split in three phases: bidding, revealing the hidden bids and picking the winner) I propose to standardise a contract interface for blind auctions. This would allow systems to operate with any blind auction contract, avoiding the problem of having to implement custom logic for each contract.
Please let me know your opinions/thoughts on the matter.
This issue will be the main discussion forum for the EIP draft to come.
The text was updated successfully, but these errors were encountered: