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XbladeX
Legendary
Offline
Activity: 1302
Merit: 1002
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May 06, 2014, 02:28:58 PM |
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ANALYSIS-REPORT: SHIBECOINby 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. // 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(); obj.push_back(Pair("moneysupply", ValueFromAmount(pindexBest->nMoneySupply))); ValueFromAmount() is clean: 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 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 an insta-mine SCAM coin with the largest rewards going to the 50 blocks mined BEFORE the release.is it possible to see somewhere how many coins were made in the first 50 blocks 50 x 125,000 = 6,250,000 + the '0.5% premine' that is highlighted in the OP. im here on launch, and yes it is the best ninja launch. make the announcement after the launch of the coin hahahha u are only make rich the dev nija shibe to da moon
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Request / 26th September / 2022 APP-06-22-4587
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zccopwrx
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May 06, 2014, 02:29:32 PM |
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THE ONLY ANONYMOUS MINING POOL FOR SHIBES! HashFaster's Crypto-Mining Network adds ShibeCoin!Anonymous mining is the safest way to mine, use your wallet address, and thats it! Payouts are automatic, every minute. We know, We are a little late to the pool game, but rest asured we run excellent pools, small and large. (We run the #1 Dogecoin pool, for example). If you want a trustworthy pool with a trustworthy operator and community, please support us! http://coins.hashfaster.comThanks ZC
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aws
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May 06, 2014, 02:30:13 PM |
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i could have sworn there was already a coin with a shiba inu in its logo am I wrong?
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some1ell
Newbie
Offline
Activity: 45
Merit: 0
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May 06, 2014, 02:36:56 PM |
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i could have sworn there was already a coin with a shiba inu in its logo am I wrong?
Dogecoin has it
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cassius69
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May 06, 2014, 02:37:45 PM |
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i could have sworn there was already a coin with a shiba inu in its logo am I wrong?
Dogecoin has it hahaha 'xactly
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flubber
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May 06, 2014, 02:39:56 PM |
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The text can be anything you like, simple "SHIBE" atm, I like it simple and informal myself.
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notsoshifty
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May 06, 2014, 02:41:51 PM |
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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 an insta-mine SCAM coin with the largest rewards going to the 50 blocks mined BEFORE the release.
is it possible to see somewhere how many coins were made in the first 50 blocks 50 x 125,000 = 6,250,000 + the '0.5% premine' that is highlighted in the OP. The announced premine is blocks 1-12 (1.5 million SHIBE, 0.5%). But you should note that the pool that mined block 13 (the first non-premine block), still before the announcement time of course, actually mined all the blocks from 13 to 90 (78 blocks, 8.75 million SHIBE) and 75% of the following blocks up until block 222 (9.7 million SHIBE). It was only then that other pools started getting a decent percentage of the blocks. So the dev team (that presumably got all or a fair chunk of that pool's mined blocks) hold quite a few million coins, ready to dump when the time is right.
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eschmenk
Member
Offline
Activity: 140
Merit: 10
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May 06, 2014, 02:45:07 PM |
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THE ONLY ANONYMOUS MINING POOL FOR SHIBES!We know, We are a little late to the pool game, but rest asured we run excellent pools, small and large. (We run the #1 Dogecoin pool, for example). If you run so many pools, then why is only one coin listed?
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DOGE: D6LQ9A9XFgxKxwPRJZKocLUgJhWtWNaFcb ECC: EX5YjWshEuJAed2tdu1ianrwMuP3fCSgsT EMC2: ENgpQLmP9kLhTKfnEJQgSoJB1FJGKcP7z8
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Palaxidon
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May 06, 2014, 02:45:07 PM |
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Just got some shibe for my self also... I think aswell that this will grow to 1000 pretty fast. Lets take a ride!
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jimn
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May 06, 2014, 02:50:59 PM |
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good coin its not only a meme. this dev is really bad. if you trust him good luck
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Adatrader
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May 06, 2014, 02:51:16 PM |
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ANALYSIS-REPORT: SHIBECOINby 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. // 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(); obj.push_back(Pair("moneysupply", ValueFromAmount(pindexBest->nMoneySupply))); ValueFromAmount() is clean: 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!
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zccopwrx
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May 06, 2014, 02:52:20 PM |
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THE ONLY ANONYMOUS MINING POOL FOR SHIBES!We know, We are a little late to the pool game, but rest asured we run excellent pools, small and large. (We run the #1 Dogecoin pool, for example). If you run so many pools, then why is only one coin listed? Go ahead and look at hashfaster.com - 17 non-anonymous pools, we've ran pools since April of 2013. Our anonymous mining platform is new, Shibecoin and a few other coins (which have since ended PoW) are anonymous mining only.
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AgentZero
Newbie
Offline
Activity: 19
Merit: 0
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May 06, 2014, 02:57:56 PM Last edit: May 06, 2014, 04:06:02 PM by AgentZero |
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Thanks to those who explained total mined coins, wow it's more than half in just 2 days. Here I am wishing I had powerful miner to enjoy some of the riches but hesitant to buy when I guess the 300 million total will be all mined out soon,. At least I say congratulations to early miners and buyers. I saw as high as 325 Sat earlier today and now it's on a downtrend, around 274. But how long can these price levels last?
Edit: removed reference to DOGE supply, a silly mistake.
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cecilbdemented
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May 06, 2014, 02:59:16 PM |
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What happened to the Mac wallet?
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