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I am curious if the dev fund of lts was left alone or liquidated before this announcement, also the time seems odd as its right before ags/pts share's mature...
Care to comment on how much of the dev fund was cashed out before your announcement freetrade?
Sure. 0.
I was interested in building a successful project, not cashing out a few pennies. My view is that dev talent is scare and best redirected away from failed projects rather than throwing new effort at it.
I tried my best and ultimately failed. I can understand why participants might be disappointed, as am I, but personal attacks are unwarranted where hugely ambitious, hugely risky projects fail. I've risked more and lost more than anyone else with this project.
Update:
I've been trying to resolve two problems with LottoShares but have not managed to do so.
The first is a forking problem when the checkpointing server is running. The checkpointing server allows draws to take place but causes forks to take place when checkpoints aren't accepted by some clients.
The second is decentralizing the draw/random number generation. Using the block hash and a private key to generate unpredictable randomness is centralized and ultimately unsatisfactory. I think the second problem may only be resolvable in the context of a (bitshares style) delegate model.
Unfortunately I've been unable to resolve these problems in LTS despite a huge amount of effort. I have now decided to redirect my efforts to other projects.
Thanks to everybody who took part and I'm sorry it didn't turn out as well as we had all hoped.
