BasketCoin | Smart Contract Audit Report | 2021 | QuillAudits

Smart contracts audit report | BasketCoin smart contract report

QuillAudits has officially announced the successful completion of the smart contract security audit for BasketCoin Smart contracts. A meticulous and professional security audit was conducted, which checked & ensured the following imperative points: — The overall quality of code.

— Use of best practices.
— Code documentation and comments match logic and expected behavior.
— Token distribution and calculations are as per the intended behave mentioned in the whitepaper.
— Efficient use of gas.
— Code is safe from re-entrancy and other vulnerabilities.

The audit rigorously checked for any signs of vulnerabilities like Re-entrancy, Timestamp Dependence, Gas Limit, and Loops, DoS with Block Gas Limit, Unchecked external call, Unchecked math, Unsafe type inference, etc., as the contract went through Structural, Static and Dynamic analysis as well as methodical Code Review.

About BasketCoin

The BasketCoin is Meticulously crafted basket of seven cryptocurrencies which are utilized in numerous trusted Staking & DeFi platforms to strengthen the buy-back & burn process.

Audit Report Summary

Overall, smart contracts are very well written and adhere to guidelines. During the process of audit, No issues of high severity were recorded. Some low, and medium severity issues were found and have been documented above. However, most of them have been resolved and tested.

The entire audit reports with in-depth details about the contract code and its vulnerabilities can be found here —

About QuillAudits

QuillAudits is a secure smart contract audits platform designed by QuillHash Technologies. It is an auditing platform that rigorously analyzes and verifies smart contracts to check for security vulnerabilities through effective manual review with static and dynamic analysis tools, gas analyzers, and simulators. Moreover, the audit process also includes extensive unit testing as well as structural analysis. We conduct both smart contract audits and penetration tests to find potential security vulnerabilities which might harm the platform’s integrity.

For further discussion and queries on the same topic, join the discussion on the Telegram group of QuillHash at —](