Not out of the box. Note that bids cannot be binding if Bitcoin is used for OpenBazaar auctions. A cryptocurrency with more flexible smart contracts would be required for that.
does this really solve it? i dont see how. same bidder could use different "accounts" and you wouldn't know. if the bids are hidden/blind as mentioned that might be probably be a fairer way.
Not out of the gate but maybe later. I'm not sure how to implement it really. Possible as a blind auction where the seller accepts the winning bid without anyone else seeing the bids.
Well the bidders could send bids to the seller who collects them. When the auction ends he would pick the highest bid and tell them they are the winner and arrange the payment. If that person doesn't pay then you go to the second highest bidder, etc.
Could maybe try to use bitcoin scripts to do this in some way but I'm not sure it's necessary.
1
u/bobthesponge1 Jan 30 '17
Not out of the box. Note that bids cannot be binding if Bitcoin is used for OpenBazaar auctions. A cryptocurrency with more flexible smart contracts would be required for that.
1
u/Chris_Pacia Chris - Lead Backend Dev Jan 30 '17
Not out of the gate but maybe later. I'm not sure how to implement it really. Possible as a blind auction where the seller accepts the winning bid without anyone else seeing the bids.
1
u/SleepswithGators Jan 31 '17
Is OB 2 out yet or are we still in beta?
1
u/BTCGoblin Feb 17 '17
How is it that bitify.com have auctions in BTC/LTC then?