[ANN][ICO] SmartBillions World’s first multi-billion-dollar blockchain lottery.

So the second round of the hackathon starts, and seems to rather conveniently forget to clarify some of the terms that were brought into controversy from the first round. Also, from the smart contract improvements I cannot see exactly what happens if a hacker is able to breach the system, except that all of it can be withdrawn again by developers.

What is the point then? If you want to limit the "prize", why not hold a 1 ETH hackathon event instead?

The second round rules are just like the first one: break the smart contract and withdraw the funds. If we see that the contract was broken we will try to protect the remaining funds. This is obvious.
We also described now how the funds were deposited on the contract and how and when they can be withdrawn. We must have a possibility to withdraw this funds.
Imagine the situation when the ICO fails and what than ? the funds will remain in the contract forever ?
During the first hackathon the problem in the contract was found and the contract is now improved. Please remember that the hackathon is held to guarantee the security of the investors funds - that's our first priority. Only the development team lost the funds because of the issue within the smart contract. This shows that we are very serious about the contract security and investors protection.
We risk our own money in order to protect the investors. Isn't that the most convincing thing you can do to prove that your product is safe ?

So you admit that you can take off the funds when you want so it's a matter of trusting you or not, you the anonymous person...

The Hackathon prize was deposited in the smart contract using the hotStore function by 6 different ETH addresses. The hotStore function allows any address to store funds anytime in the smart contract and then withdraw the prior stored amount using the won function. However the Jackpot management rules apply to these withdraws. One address cannot withdraw more than 50 % of the contract value and withdraws can be made every (4*60*24*30) blocks

1500 ETH Hackathon prize will be withdrawn in 2 cases:
1. If there’s another bug found in the contract and Hacker will not withdraw all the funds, the remaining funds will be withdrawn by the same addresses that deposited the funds using the won function.
2. If the funds will remain intact before the ICO the same addresses that deposited the funds will be able to withdraw exactly the same amounts as deposited (Hackathon prizes) in the later phase.