qumefox
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The process is called 'sealed bidding' And when it's used in the real world, usually even the seller (or buyer, if the bids are for a purchase) doesn't know what the bids are until after the final submit date, then all the bids are opened at once.
Not very practical online, but that's how it works in the real world, especially dealing with schools and other government entities looking to purchase stuff.
Not very practical online, but that's how it works in the real world, especially dealing with schools and other government entities looking to purchase stuff.