Due to the recent ETH network congestion the default GAS price was rised to match the average GAS price in the ETH network. As for now (Monday 12:00 GMT) the number of unconfirmed transactions is dropping. The GAS price is also reduced. We will be adjusting the default GAS price to the current ETH network situation. Hopefully within next days we will be able to reduce the GAS price to 4 GWEI as it used to be before the congestion.
Development update.
SmartBillions development team is working on multibet solution. We will introduce 2 improvements in January. 1. Multiple bets on one draw. Players will be allowed to purchase multiple tickets on one draw 2. Same numbers on multiple bets. Players will be allowed to play their lucky numbers on multiple bets automatically. Multibet solutions answers lottery players expectations and will boost ticket sales.
Marketing update.
Due to the network congestion the marketing campaign budgets were reduced. The ETH network situation made lottery participation inconvenient for the players. Recently with the reduced GAS price marketing will be back to normal.
Rumipl, are you alive guys? Whats going on with SmartBillions?
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BoardTokens (Altcoins)
Re: [ANN][ICO] SmartBillions World’s first multi-billion-dollar blockchain lottery.
I did ask a question which is yet to get a response from the Admin of Smartbillions: Does the fact that it was stated in the contract that Admin can make withrawals for payouts and redemptions give any form of legitimacy to the withdrawals made by Admin at the hack of the Hackathon?
The funds from the first Hackathon were withdrawn by the Admin using the coldStore function. The withdraw was possible because there werent any liabilities on the contract such as Token redeem and win payouts. There werent any wins to pay out because the players were able to claim the wins after a given time period, they werent the lottery winners right after the lottery draw. At the moment of the Admin withdraw there were no wins to pay.
After the ICO ends but before the first lottery, there will be also no wins to pay so what will prevent the admins from withdraw all the ICO money??
Please link to exact contract method that will prevent this.
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BoardTokens (Altcoins)
Re: [ANN][ICO] SmartBillions World’s first multi-billion-dollar blockchain lottery.