I am curious about Blind auctions. (How would/could that work?/how is that a possible preventative?) There are actually several different technical arrangements, but the main point is that the host keeps all participants' bids confidential until the auction ends. For example: The host (escrow) starts an auction event thread.Each participant submits a bid and attaches proof of entry (payment txid) via PM to the host (or simply publishes the txid in the thread and the bid amount via PM).At the end of the auction, the host will publish all received bids along with the proof of entry (txid). Keeping the bid amount and/or bidders confidential makes it difficult for shillers to identify the latest high bid. And, thanks to the entry fee requirement, it will prevent them from submitting multiple bids. I think you solved it. Very well done. Thank you, rat03gopoh.
I am curious about Blind auctions. (How would/could that work?/how is that a possible preventative?) There are actually several different technical arrangements, but the main point is that the host keeps all participants' bids confidential until the auction ends. For example: The host (escrow) starts an auction event thread.Each participant submits a bid and attaches proof of entry (payment txid) via PM to the host (or simply publishes the txid in the thread and the bid amount via PM).At the end of the auction, the host will publish all received bids along with the proof of entry (txid). Keeping the bid amount and/or bidders confidential makes it difficult for shillers to identify the latest high bid. And, thanks to the entry fee requirement, it will prevent them from submitting multiple bids. I think you solved it. Very well done. Thank you, rat03gopoh.

I am curious about Blind auctions. (How would/could that work?/how is that a possible preventative?) There are actually several different technical arrangements, but the main point is that the host keeps all participants' bids confidential until the auction ends. For example: The host (escrow) starts an auction event thread.Each participant submits a bid and attaches proof of entry (payment txid) via PM to the host (or simply publishes the txid in the thread and the bid amount via PM).At the end of the auction, the host will publish all received bids along with the proof of entry (txid). Keeping the bid amount and/or bidders confidential makes it difficult for shillers to identify the latest high bid. And, thanks to the entry fee requirement, it will prevent them from submitting multiple bids. I think you solved it. Very well done. Thank you, rat03gopoh.

I am curious about Blind auctions. (How would/could that work?/how is that a possible preventative?) There are actually several different technical arrangements, but the main point is that the host keeps all participants' bids confidential until the auction ends. For example: The host (escrow) starts an auction event thread.Each participant submits a bid and attaches proof of entry (payment txid) via PM to the host (or simply publishes the txid in the thread and the bid amount via PM).At the end of the auction, the host will publish all received bids along with the proof of entry (txid). Keeping the bid amount and/or bidders confidential makes it difficult for shillers to identify the latest high bid. And, thanks to the entry fee requirement, it will prevent them from submitting multiple bids. I think you solved it. Very well done. Thank you, rat03gopoh.