SYSTEM FOR INTERACTIVE PARTICIPATION BY REMOTE BIDDERS IN LIVE AUCTIONS

摘要

A distributed auction system allows remote bidders to interactively participate by computer in live auctions conducted on-site by an auctioneer. A client program that runs on the computers of the remote bidders displays real time auction status information extracted from status messages, and provides functionality of the remote bidders to submit live bids that are based on such status information. A network of nodes may be used to filter out invalid bids from the remote bidders so that such bids need not be processed by an auction server.