Quote from: bitsta on May 09, 2014, 12:29:16 AM

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.

tips appreciated: SV3eTFiVnuN478ESbjnA7WDQejcag3LFFa

No mention that the coin was ninja launched and close to 50 blocks (with the highest rewards) were insta-mined BEFORE the announcement was made. That is NOT 'normal nowadays'. Normally the coins with the lowest diff at the start go to solo-miners that get setup the quickest and NOT pools like this suggests. Pools usually take at least a couple of minutes AFTER the coin is released and that is with an announcement made well in advance, not a ninja launch like this was. Many coins will also start with the lowest block rewards at the start to avoid insta-mining, this is the opposite of what this coin has done. The insta-mining on this coin began BEFORE and after the announcement was made. Which make this a 100% insta-mine SCAM coin with the largest rewards going to the 50 blocks mined BEFORE the release.

The 50 blocks that were mined before the announcement was made contained the highest rewards and amounted to 6,250,000 coins out of the total of 252,500,000 mined during the PoW stage. That equals 2.5% of the PoW coin total + an additional 1,500,000 coins from the announced 0.5% premine. 8,750,000 coins were mined BEFORE the announcement was even made..

The coin was announced at 3:03 PM EDT The block explorer shows there were 56 blocks mined BEFORE the coin was announced and wouldn't you know it, those are the blocks YOU made to have the largest rewards. To say the coin was not insta-mined both BEFORE and after the announcement was made is simply not the truth. People need to know this before investing or believing the hype.

This coin was designed to be an insta-mine PumP and Dump scam from the start.The ninja launch with the early block rewards having the largest rewards and the 56 blocks mined before the announcement was even make that clear. Only an idiot would call this a '100% legitimate coin' and believe that it's anything other than a Pump and Dump.

http://192.227.251.74:8888/chain/ShibeCoin?hi=59&count=60

Code:

57 2014-05-04 19:04:48 1 100000 1.009 6950000 0.018912 2.61897 0%
56 2014-05-04 19:01:50 1 100000 0.84 6850000 0.0171296 2.61691 0%
55 2014-05-04 19:01:00 1 100000 0.63 6750000 0.0168056 2.61633 0%
54 2014-05-04 19:00:35 1 100000 0.473 6650000 0.0167708 2.61604 0%
53 2014-05-04 19:00:26 1 100000 0.701 6550000 0.0169213 2.61594 0%
52 2014-05-04 18:58:57 1 100000 0.526 6450000 0.0161574 2.61491 0%
51 2014-05-04 18:58:46 1 100000 0.526 6350000 0.0162847 2.61478 0%
50 2014-05-04 18:57:46 1 125000 0.789 6250000 0.0158449 2.61409 0%
49 2014-05-04 18:55:51 1 125000 0.763 6125000 0.014838 2.61275 0%
48 2014-05-04 18:54:53 1 125000 0.572 6000000 0.0144792 2.61208 0%
47 2014-05-04 18:54:15 1 125000 0.429 5875000 0.0143519 2.61164 0%
46 2014-05-04 18:53:31 1 125000 0.643 5750000 0.0141551 2.61113 0%
45 2014-05-04 18:48:42 1 125000 0.482 5625000 0.0111227 2.60779 0%
44 2014-05-04 18:48:39 1 125000 0.362 5500000 0.0113426 2.60775 0%
43 2014-05-04 18:47:58 1 125000 0.271 5375000 0.0111343 2.60728 0%
42 2014-05-04 18:47:27 1 125000 0.203 5250000 0.0110301 2.60692 0%
41 2014-05-04 18:47:22 1 125000 0.152 5125000 0.01125 2.60686 0%
40 2014-05-04 18:47:01 1 125000 0.147 5000000 0.0112847 2.60662 0%
39 2014-05-04 18:46:03 1 125000 0.125 4875000 0.0109028 2.60595 0%
38 2014-05-04 18:45:12 1 125000 0.094 4750000 0.0106019 2.60536 0%
37 2014-05-04 18:45:01 1 125000 0.07 4625000 0.0107639 2.60523 0%
36 2014-05-04 18:44:57 1 125000 0.052 4500000 0.0110069 2.60519 0%
35 2014-05-04 18:44:50 1 125000 0.039 4375000 0.01125 2.6051 0%
34 2014-05-04 18:44:41 1 125000 0.029 4250000 0.0114699 2.605 0%
33 2014-05-04 18:44:38 1 125000 0.022 4125000 0.0117824 2.60497 0%
32 2014-05-04 18:44:31 1 125000 0.016 4000000 0.0120718 2.60488 0%
31 2014-05-04 18:44:28 1 125000 0.012 3875000 0.0124306 2.60485 0%
30 2014-05-04 18:44:21 1 125000 0.009 3750000 0.0127662 2.60477 0%
29 2014-05-04 18:44:16 1 125000 0.007 3625000 0.0131481 2.60471 0%
28 2014-05-04 18:44:03 1 125000 0.005 3500000 0.0134606 2.60456 0%
27 2014-05-04 18:44:02 1 125000 0.003 3375000 0.0139468 2.60455 0%
26 2014-05-04 18:43:59 1 125000 0.002 3250000 0.014456 2.60451 0%
25 2014-05-04 18:43:57 1 125000 0.002 3125000 0.0150116 2.60449 0%
24 2014-05-04 18:43:55 1 125000 0.001 3000000 0.0156134 2.60447 0%
23 2014-05-04 18:43:54 1 125000 0.001 2875000 0.0162731 2.60446 0%
22 2014-05-04 18:43:52 1 125000 0.0 2750000 0.0169907 2.60443 0%
21 2014-05-04 18:43:50 1 125000 0.0 2625000 0.0177778 2.60441 0%
20 2014-05-04 18:43:48 1 125000 0.0 2500000 0.0186458 2.60439 0%
19 2014-05-04 18:43:47 1 125000 0.0 2375000 0.0196181 2.60438 0%
18 2014-05-04 18:43:46 1 125000 0.0 2250000 0.0206944 2.60436 0%
17 2014-05-04 18:43:45 1 125000 0.0 2125000 0.0218981 2.60435 0%
16 2014-05-04 18:43:44 1 125000 0.0 2000000 0.0232639 2.60434 0%
15 2014-05-04 18:43:41 1 125000 0.0 1875000 0.0247801 2.60431 0%
14 2014-05-04 18:43:40 1 125000 0.0 1750000 0.0265394 2.60429 0%
13 2014-05-04 18:43:28 1 125000 0.0 1625000 0.0284375 2.60416 0%
12 2014-05-04 18:03:10 1 125000 0.0 1500000 0.00282407 2.57617 0%
11 2014-05-04 18:02:01 1 125000 0.0 1375000 0.00228009 2.57537 0%
10 2014-05-04 18:01:16 1 125000 0.0 1250000 0.00199074 2.57485 0%
9 2014-05-04 18:00:35 1 125000 0.0 1125000 0.00173611 2.57437 0%
8 2014-05-04 18:00:09 1 125000 0.0 1000000 0.00165509 2.57407 0%
7 2014-05-04 17:59:15 1 125000 0.0 875000 0.00126157 2.57345 0%
6 2014-05-04 17:58:14 1 125000 0.0 750000 0.000763889 2.57274 0%
5 2014-05-04 17:57:50 1 125000 0.0 625000 0.000648148 2.57247 0%
4 2014-05-04 17:57:22 1 125000 0.0 500000 0.000486111 2.57214 0%
3 2014-05-04 17:56:36 1 125000 0.0 375000 0.000115741 2.57161 0%
2 2014-05-04 17:56:24 1 125000 0.0 250000 3.47222e-05 2.57147 0%
1 2014-05-04 17:56:18 1 125000 0.0 125000 0 2.5714 0%