LightchainAI Info

Lightchain AI is a decentralized platform that seamlessly integrates artificial intelligence (AI) with blockchain technology. It introduces the Artificial Intelligence Virtual Machine (AIVM) to optimize the execution of AI-specific tasks and the Proof of Intelligence (PoI) consensus mechanism to reward meaningful computational contributions. These innovations address critical challenges in AI and blockchain, such as scalability, privacy, and trust.

LightchainAI Logo

TrustNet Score

The TrustNet Score evaluates crypto projects based on audit results, security, KYC verification, and social media presence. This score offers a quick, transparent view of a project's credibility, helping users make informed decisions in the Web3 space.

48.91
PoorExcellent

Real-Time Threat Detection

Real-time threat detection, powered by Cyvers.io, is currently not activated for this project.

This advanced feature provides continuous monitoring and instant alerts to safeguard your assets from potential security threats. Real-time detection enhances your project's security by proactively identifying and mitigating risks. For more information, click here.

TrustNet DataPulse

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We are presently engaged in detailed discussions with our partners to finalize the arrangements. Information regarding presales will be made available on this platform in the near future. We appreciate your patience and look forward to sharing the upcoming opportunities with you soon!

We are currently in discussions with our partners to finalize the details. Information on token locking and vesting schedules will be provided on this platform soon. We appreciate your patience and look forward to sharing these upcoming opportunities with you shortly.

In the meantime, we’ve already integrated the LP lock overview from UNCX.network. Please visit the CEX/DEX tab for more information.

Security Assessments

"Static AnalysisDynamic AnalysisSymbolic ExecutionSWC CheckManual Review"
Contract address
0x9cA8...8927
Network
Ethereum - Mainnet
License N/A
Compiler N/A
Type N/A
Language Solidity
Onboard date 2024/12/04
Revision date In progress

Summary and Final Words

No crucial issues found

The contract does not contain issues of high or medium criticality. This means that no known vulnerabilities were found in the source code.

Contract owner cannot mint

It is not possible to mint new tokens.

Contract owner cannot blacklist addresses.

It is not possible to lock user funds by blacklisting addresses.

Contract owner cannot set high fees

The fees, if applicable, can be a maximum of 25% or lower. The contract can therefore not be locked. Please take a look in the comment section for more details.

Contract cannot be locked

Owner cannot lock any user funds.

Token cannot be burned

There is no burn function within the contract.

Ownership is not renounced

Contract can be manipulated by owner functions.

Scope of Work

This audit encompasses the evaluation of the files listed below, each verified with a SHA-1 Hash. The team referenced above has provided the necessary files for assessment.

The auditing process consists of the following systematic steps:

  1. Specification Review: Analyze the provided specifications, source code, and instructions to fully understand the smart contract's size, scope, and functionality.
  2. Manual Code Examination: Conduct a thorough line-by-line review of the source code to identify potential vulnerabilities and areas for improvement.
  3. Specification Alignment: Ensure that the code accurately implements the provided specifications and intended functionalities.
  4. Test Coverage Assessment: Evaluate the extent and effectiveness of test cases in covering the codebase, identifying any gaps in testing.
  5. Symbolic Execution: Analyze the smart contract to determine how various inputs affect execution paths, identifying potential edge cases and vulnerabilities.
  6. Best Practices Evaluation: Assess the smart contracts against established industry and academic best practices to enhance efficiency, maintainability, and security.
  7. Actionable Recommendations: Provide detailed, specific, and actionable steps to secure and optimize the smart contracts.

A file with a different Hash has been intentionally or otherwise modified after the security review. A different Hash may indicate a changed condition or potential vulnerability that was not within the scope of this review.

Final Words

The following provides a concise summary of the audit report, accompanied by insightful comments from the auditor. This overview captures the key findings and observations, offering valuable context and clarity.


Ownership Privileges
  • The owner can enable trading only once.
  • The owner can whitelist addresses.

Note - This Audit report consists of a security analysis of the LightchainAI smart contract. This analysis did not include functional testing (or unit testing) of the contract’s logic. Moreover, we only audited one token contract for the LightchainAI team. Other contracts associated with the project were not audited by our team. We recommend investors do their own research before investing.

Files and details

Functions
public

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State variables
public

/

Total lines
of code

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Capabilities
Hover on items

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Findings and Audit result

medium Issues | 1 findings

Pending

#1 medium Issue
Transfer of tokens without enabling trade.
LightchainAI
L262-265
Description

The trading needs to be enabled by the owner in order for regular users to transfer tokens. On the contrary, the owner can authorize addresses manually and those addresses will be able to trade tokens. This functionality can be exploited in the following way, For example, there is a presale and the wallets used for the presale can be authorized by the owner. All the tokens obtained can be consolidated into a final wallet address and facilitate trading and selling of the acquired tokens, the last wallet address can be authorized.

low Issues | 3 findings

Pending

#1 low Issue
Local variables shadowing (shadowing-local).
LightchainAI.sol
L208-210
L283-289
Description

Rename the local variables that shadow another component.

Pending

#2 low Issue
Floating pragma solidity version.
LightchainAI.sol
L15
Description

Adding the constant version of solidity is recommended, as this prevents the unintentional deployment of a contract with an outdated compiler that contains unresolved bugs.

Pending

#3 low Issue
Missing Events Arithmetic (events-maths).
LightchainAI.sol
L262-265
Description

Emit an event for critical parameter changes.

informational Issues | 1 findings

Pending

#1 informational Issue
Remove unused functions.
LigtchainAI.sol
L107-110
Description

Functions that are not used (dead code).