Cryptocurrency

Shiba Inu (SHIB) Newest Partner Completes Smart Contract Code Auditing with Distinction

Shiba Inu’s (SHIB) latest partner Bad Idea AI, which combines the power of blockchain, Artificial Intelligence, and Decentralized Autonomous Organisations (DAOs), has been deemed safe and reliable by InterFi Network, a top blockchain auditing firm.

Shortly after the Shiba Inu team listed Bad Idea AI as its official partner, InterFi Network audited the solidity source codes of the project as requested by the Shiba Inu partner, releasing a positive result on July 9.

Per the detailed report shared for public view on Sunday, InterFi Network adopted a methodology that involved the use of both automated and manual analysis to review the source codes of Bad Idea AI. 

The smart contract audit aimed to check for the presence of any common vulnerabilities and centralization exploits in the solidity source codes of the AI-based project.

Upon completion of the auditing exercise, it was concluded that Bad Idea AI’s smart contract has zero major and critical issues. The minor and medium issues found were resolved accordingly per the report.  

This implies that the innovative project, which recently became a part of the expanding Shiba Inu ecosystem, is resistant to any form of hacks and safe to be utilized by any organization. 

SHIB Marketing specialist and the renowned community influencer took to Twitter to publicize this update with the Shiba Inu community, hailing their newest partner. This further showed that the SHIB team is sealing partnerships with trusted projects as they gear towards the mainnet launch of Shibarium. 

Wen Shibarium?

The Shiba Inu layer-2 solution, which promises to catalyze the expansion of the second-largest decentralized meme token ecosystem, is expected to be launched on the mainnet in August during the Blockchain Futuristic Conference. 

Shytoshi Kusama, the lead developer disclosed this last week as earlier reported by Times Tabloid. This conference which has Shiba Inu as its title sponsor is slated to take place in Toronto. While community members are eager to see the mainnet release of Shibarium, maximum interactions have been recorded on the testnet version of the L2 solution, Puppynet.


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Ndianabasi Tom

Ndianabasi Tom joined the crypto and blockchain industry in late 2018. He is an all-rounded crypto journalist and content writer. At TimesTabloid, he covers the industry's latest news, developments, and other educational content. He is a graduate of Petroleum Engineering.

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