Quote from: bitcoinwonders010 on May 06, 2014, 12:24:58 PM

Quote from: goldmann on May 06, 2014, 12:21:39 PM

ANALYSIS-REPORT: SHIBECOIN
by bitsta, ra1nb0wdash & goldmann

dear shibe-community,

you maybe already know me or bitsta from the asiacoin-thread. it was us who detected
the asiacoin-scam. we got a lot of messages from SHIBE-users regarding an analysis of SHIBE.
well as there seems to be a huge interest in this coin, we have made a detailed analysis-report which
is going to be published on our new coming coinanalysis-website. This is the short report:

we have finished the analysis of shibecoin which consisted of:

hex debug (analysis of memory hops)
analysis of data/networkcommunication
analysis of sourcecodes
analysis of blockchain
setting up an 3rd party blockexplorer: http://blockexplorer.uni.me

1. hex debug:
analysing the memory-hops/hex debug of shibecoin-qt on windows & OSX 10.9.2
showed ordinary processcommunication with memory.

2. analysis of data/networkcommunication:
the seednodes are beeing requested form the seednode which is
hardcoded into the wallet. there is no other "hidden" communication
except the std. walletcommunication.

Code:

// DNS seeds
// Each pair gives a source name and a seed name.
// The first name is used as information source for addrman.
// The second name should resolve to a list of seed addresses.
static const char *strDNSSeed[][2] = {
{"levitation", "levitation.theshibecoin.com"},
{"magnetic", "magnetic.theshibecoin.com"},
{"testnetfield", "testnetfield.theshibecoin.com"},
};

3. analysis of sourcecodes:
sourcecodes are clean and we can confirm that there are no hidden codes
or "edited" functions:
getinfo --> moneysupply is beeing requested by function ValueFromAmount();

Code:

obj.push_back(Pair("moneysupply", ValueFromAmount(pindexBest->nMoneySupply)));

ValueFromAmount() is clean:

Code:

Value ValueFromAmount(int64 amount)
{
return (double)amount / (double)COIN;
}

we also checked all other rpcfunctions and can confirm that they are all clean.

4. analysis of blockchain:
the analysis of the blockchain showed that all mined blocks contained the amounts
which are declared in the OP. No hidden "superblocks".

5. we set up an blockexplorer so you can make yourself sure everything is legit:
http://blockexplorer.uni.me

summary: shibecoin is a 100% legit coin. there was a small instamine, but thats totally normal nowadays because some pools with huge miningpower start at low diff and therefore get a lot of blocks. there is a fair distribution of the coins over the network. we will release a TOP 100 list in the next few days.

tips appreciated: SV3eTFiVnuN478ESbjnA7WDQejcag3LFFa

thank you, glad i just bought more, TROLLS go away now you have nothing

Thank you sir! I feel much safer with my investment, I really appreciate you guys taking the time to analysis the source code! Tip coming!