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Update docs for auction example
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# Auction Record Example
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# Blind Auction
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## Build Guide
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An auction application written in Leo.
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To compile this program:
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## Summary
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```bash
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leo build
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A first-price sealed-bid auction (or blind auction) is a type of auction in which each participant submits a bid without knowing the bids of the other participants.
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The bidder with the highest bid wins the auction.
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In this model, there are two parties: the auctioneer and the bidders.
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- **Bidder**: A participant in the auction.
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- **Auctioneer**: The party responsible for conducting the auction.
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We make following assumptions about the auction:
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- The auctioneer is honest. That is, the auctioneer will resolve **all** bids in the order they are received. The auctioneer will not tamper with the bids.
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- There is no limit to the number of bids.
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- The auctioneer knows the identity of all bidders, but bidders do not necessarily know the identity of other bidders.
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Under this model, we require that:
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- Bidders do not learn any information about the value of other bids.
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### Auction Flow
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The auction is conducted in a series of stages.
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- **Bidding**: In the bidding stage, bidders submit bids to the auctioneer. They do so by invoking the `place_bid` function.
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- **Resolution**: In the resolution stage, the auctioneer resolves the bids in the order they were received. The auctioneer does so by invoking the `resolve` function. The resolution process produces a single winning bid.
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- **Finishing**: In this stage, the auctioneer finishes the auction by invoking the `finish` function. This function returns the winning bid to the bidder, which the bidder can then use to claim the item.
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## Language Features and Concepts
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- `record` declarations
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- `console.assert_eq`
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- record ownership
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## Running the Program
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Leo provides users with a command line interface for compiling and running Leo programs.
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Users may either specify input values via the command line or provide an input file in `inputs/`.
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### Configuring Accounts
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The `program.json` file contains a private key and address.
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This is the account that will be used to sign transactions and is checked for record ownership.
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When executing programs as different parties, be sure to set the `private_key` and `address` fields in `program.json` to the appropriate values.
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See `./run.sh` for an example of how to run the program as different parties.
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The [Aleo SDK](https://github.com/AleoHQ/leo/tree/testnet3) provides a command line interface for generating new accounts.
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To generate a new account, run
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```
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leo account new
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```
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```
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To run this program:
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### Providing inputs via the command line.
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1. Run
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```bash
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```bash
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leo run
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leo run <function_name> <input_1> <input_2> ...
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```
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See `./run.sh` for an example.
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### Using an input file.
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1. Modify `inputs/auction.in` with the desired inputs.
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2. Run
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```bash
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leo run <function_name>
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```
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```
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// This record defines a bid in the auction.
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// A bid in an auction.
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// - `owner` : The address of the account that owns the record associated with this bid.
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// This is separate from the address of the account that placed the bid.
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// - `gates` : The value associated with the record (always zero).
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// - `bidder` : The address of the account that placed the bid.
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// - `amount` : The amount of the bid.
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// - `is_winner` : Whether the bid is the winning bid.
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record Bid {
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record Bid {
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owner: address,
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owner: address,
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gates: u64,
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gates: u64,
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@ -7,11 +13,12 @@ record Bid {
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is_winner: bool,
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is_winner: bool,
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}
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}
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// This function creates a new bid.
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// Returns a new bid.
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// This function checks that `bidder` invoked the function.
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// - `bidder` : The address of the account that placed the bid.
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// Note that the owner of the record is set to the entity responsible for running the auction.
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// - `amount` : The amount of the bid.
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// The entity's address is aleo1fxs9s0w97lmkwlcmgn0z3nuxufdee5yck9wqrs0umevp7qs0sg9q5xxxzh.
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// Requires that `bidder` matches the function caller.
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// This is necessary to allow the entity running the auction to process bids.
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// The owner of the record is set to the entity responsible for running the auction (auction runner).
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// The address of the auction runner is aleo1fxs9s0w97lmkwlcmgn0z3nuxufdee5yck9wqrs0umevp7qs0sg9q5xxxzh.
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@program
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@program
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function place_bid(bidder: address, amount: u64) -> Bid {
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function place_bid(bidder: address, amount: u64) -> Bid {
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console.assert_eq(self.caller, bidder);
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console.assert_eq(self.caller, bidder);
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@ -24,9 +31,12 @@ function place_bid(bidder: address, amount: u64) -> Bid {
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};
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};
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}
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}
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// This function consumes two bids, selecting the winning one. In the event of a tie, the first bid is selected.
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// Returns the winning bid.
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// This function should be invoked once the bidding period has ended.
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// - `first` : The first bid.
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// This function can only be called by the entity running the auction.
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// - `second` : The second bid.
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// Requires that the function caller is the auction runner.
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// Assumes that the function is invoked only after the bidding period has ended.
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// In the event of a tie, the first bid is selected.
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@program
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@program
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function resolve(first: Bid, second: Bid) -> Bid {
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function resolve(first: Bid, second: Bid) -> Bid {
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console.assert_eq(self.caller, aleo1fxs9s0w97lmkwlcmgn0z3nuxufdee5yck9wqrs0umevp7qs0sg9q5xxxzh);
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console.assert_eq(self.caller, aleo1fxs9s0w97lmkwlcmgn0z3nuxufdee5yck9wqrs0umevp7qs0sg9q5xxxzh);
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@ -37,9 +47,10 @@ function resolve(first: Bid, second: Bid) -> Bid {
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}
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}
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}
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}
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// This function returns ownership of the `Bid` record to the original bidder.
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// Returns ownership of the bid to bidder.
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// This function should be called after all bids have been resolved.
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// - `bid` : The winning bid.
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// This function can only be called by the entity running the auction.
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// Requires that the function caller is the auction runner.
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// Assumes that the function is invoked only after all bids have been resolved.
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@program
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@program
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function finish(bid: Bid) -> Bid {
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function finish(bid: Bid) -> Bid {
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console.assert_eq(self.caller, aleo1fxs9s0w97lmkwlcmgn0z3nuxufdee5yck9wqrs0umevp7qs0sg9q5xxxzh);
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console.assert_eq(self.caller, aleo1fxs9s0w97lmkwlcmgn0z3nuxufdee5yck9wqrs0umevp7qs0sg9q5xxxzh);
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