Even though a max bid works best when it is in secret, I think it could still have some value here. For instance, if one knows they are no going to be able to provide a bid at the end of the auction because of conflicting plans/circumstances, one could submit a max. bid ahead of time. I would rather be able to submit a max bid than just submit a "straight" max bid. At least the bidder than has a chance, albeit small, that they can win without reaching their true max.
Leon, thanks for exploring ways to potentially improve systems on Net54.
EDIT: Yeah, this isn't going to work.
Last edited by cgjackson222; 09-26-2023 at 11:42 AM.
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