https://github.com/zack-bitcoin/amoveo/blob/master/docs/why_I_left.md1 August 2017
discuss this on reddit
What is going on? I left Aeternity. Many of you have been wondering why I have been so quiet lately. Usually Zack loves talking about himself. For my own safety I waited until I was far away from the rest of the Aeternity team.
How did this happen? I am young. I didn't think it mattered who owned the company "Aeternity". I didn't find out who owns Aeternity until the token sale was over, and all the $77 million were controlled by the owner of Aeternity.
Things I have done for Aeternity:
I invented and implemented Turing complete state channels.
I invented and implemented off-chain markets, which is Aeternity's killer app.
I invented and implemented an oracle mechanism which is orders of magnitude more efficient than the competition.
I invented and implemented the Aeternity governance mechanism, for updating variables like block-size and block-reward.
I answered technical questions.
I came up with the ideas in the Aeternity white paper.
I gave training in Aeternity technology.
I implemented a merkel trie database for Aeternity.
I implemented a virtual machine with compilers for Aeternity.
I wrote the Aeternity testnet.
I wrote the lightning network on top of the testnet.
I wrote an off-chain marketplace in the lightning network.
I helped Aeternity to raise over $77 million from an ICO.
I gave talks, I flew places to interview people.
I memorized lines and was an actor in the Aeternity movie.
I did livestreams of software development.
I maintained the testnet and github for over 9 months.
I let Aeternity use my name.
What I should reasonably get:
The team that raised the money had about 6 members. Out of these 6 people, I was the only one working on the technology. Since this is a technology startup, I should be controlling at least half of this money. I should be deciding how Aeternity uses it's money in regard to developing the technology. I should be deciding what programmers to hire, and what tasks should be worked on. Instead the anonymous owner of Aeternity is deciding how the money is spent.
How much I was willing to work for:
For about $3.5 million I was willing to work exclusively on Aeternity.
For about $1.7 million I was willing to make Aeternity secure and work on Aeternity non-exclusively.
For about $300 000 I was willing to leave Aeternity, as long as Aeternity didn't use the technology I invented.
To the Aeternity investors:
I am very sorry that this has happened to you. Many of you were tricked because I was tricked first. I shouldn't have let myself fall for this. I apologize.
