Open and Transparent Domain name Auction system through Decentralized Blockchain Technology.

Hello NP,

Since many days I have been thinking about this idea to auction domain names on Blockchain. It's not an idea but it's rather a solution to existing problem of "Public Auctions" that are "Not so Public" . I understand that we need to respect everyone's privacy but if an auction is done publicly each individual has the right to know who they are bidding against or atleast those who participate must have that information.

This is a major loophole that I find…

Open and Transparent Domain name Auction system through Decentralized Blockchain Technology.