So, we added "Confirmed bids" so that users can view previous biding history on the page:
http://www.blockrun.com/auctions/5-bitcoins
Any other questions, or feature requests?
Topic: BlockRun.com - Penny auctions on the blockchain - page 16. (Read 10316 times)
Yep, it's all in the Blockchain, both bids and win/lose transactions:
Auction: http://www.blockrun.com/auctions/apple-ipad-mini-16gb-wi-fi-white
Bids in blockchain: http://blockchain.info/address/1Run2pD4CCYts6MUv7V7Fps1nCqQDB72S
Perhaps we should show bid history on the auction page?
Auction: http://www.blockrun.com/auctions/apple-ipad-mini-16gb-wi-fi-white
Bids in blockchain: http://blockchain.info/address/1Run2pD4CCYts6MUv7V7Fps1nCqQDB72S
Perhaps we should show bid history on the auction page?
So, Let's say I bid, would others see my bid?
And, how would you prove it actually is going to someone?
I have received my prize! LEGIT
And, how would you prove it actually is going to someone?
I have received my prize! LEGIT
We've just launched http://www.blockrun.com , a play on penny auctions built on top on the blockchain.
- Each auction has its own bid address
- Auctions last for a certain number of blocks
- When blocks reach 0, each new bid extends the auction by 3 blocks
- There needs to be 3 new blocks with no transactions associated with that auction for a winner to be declared
- The highest bid wins, all other bids lose (we send winning, and losing transactions when you have been outbid)
- Winners are confirmed after 6 confirmations
- Winner creates a signed message to confirm they own the address
How it works: http://www.blockrun.com/how_it_works
FAQ: http://www.blockrun.com/faq
Auction for 5 coins: http://www.blockrun.com/auctions/5-bitcoins
We're always looking to improve, so if anyone has any feedback (e.g. "this is too complicated, how does it work??), any thoughts are much appreciated
- Each auction has its own bid address
- Auctions last for a certain number of blocks
- When blocks reach 0, each new bid extends the auction by 3 blocks
- There needs to be 3 new blocks with no transactions associated with that auction for a winner to be declared
- The highest bid wins, all other bids lose (we send winning, and losing transactions when you have been outbid)
- Winners are confirmed after 6 confirmations
- Winner creates a signed message to confirm they own the address
How it works: http://www.blockrun.com/how_it_works
FAQ: http://www.blockrun.com/faq
Auction for 5 coins: http://www.blockrun.com/auctions/5-bitcoins
We're always looking to improve, so if anyone has any feedback (e.g. "this is too complicated, how does it work??), any thoughts are much appreciated
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