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by mras0 1401 days ago
Sounds like a "Dutch auction" (or variant) https://en.wikipedia.org/wiki/Dutch_auction
2 comments
dydrm 1401 days ago
Correct! Tom Scott recently made a great video about it: https://youtu.be/uAdmzyKagvE
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inetsee 1401 days ago
That's exactly what I was thinking about, but I didn't know it by that name.
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