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Datamine Community Funds SlowMist Smart Contract Security Audit

💡 AI Article Summary

The Datamine Network community has successfully funded the upcoming security audit for both the DAM and FLUX smart contracts. Demonstrating the power of decentralized coordination, community members pooled the required 20 ETH to secure the services of SlowMist, a leading blockchain security firm.

Audit Scope and Technical Details

SlowMist will audit the core smart contracts that power the Layer 1 Datamine ecosystem:

  • FLUX Contract: An ERC777-compatible token contract containing the tokenVault and lock account features. It consists of 608 lines of code with a simple-to-medium complexity.
  • DAM Contract: An ERC777 token contract consisting of 390 lines of code, focusing purely on token foundations without the tokenVault architecture.

SlowMist estimates a total of seven working days to finalize the security review once the audit officially commences.

Decentralized Funding in Action

Because the Datamine Network operates completely without a centralized company, venture capital backing, or administrative keys, security audits are funded organically. The rapid collection of the 20 ETH audit fee highlights the deep commitment of the community to ensuring a highly secure, ownerless DeFi infrastructure.

This is SlowMist team, it’s glad to receive the audit request from Datamine Network.

The audit quote is:

Quotation from SlowMist smart contract audit group:

Project: FLUX

Project address: (FLUX Address)

Type: ERC777 Token + AML + Tokenvault

Code Lines: 608

Complexity: Simple - Medium

Audit time: 4 working days

Description: ERC20 Token contract that contains the lock account section and tokenVault section

Project: DAM

Project address: (DAM Address)

Type: ERC777 Token

Code Lines: 390

Complexity: Simple

Audit time: 3 working days

Description: ERC20 Token contract that does not contain the tokenVault section

Audit cost: 20 ETH in total, the earliest start date is Oct 10th, the audit work will start after payment.

The ETH address for payment is:

0xe496c243592661EE61738aAD9aF08510b4018A62

-edit-

20/20ETH sent, you don't need to send ETH to the address. Well done COMMUNITY 🥳

Frequently Asked Questions

Which smart contracts are being audited by SlowMist?

The audit covers the core Layer 1 contracts of the Datamine Network: the DAM contract (390 lines of code) and the FLUX contract (608 lines of code).

How was the SlowMist security audit funded?

The audit was entirely funded by the Datamine Network community, who collectively contributed the 20 ETH required to complete the security review.

What is the technical standard of the DAM and FLUX contracts?

Both DAM and FLUX are built using secure, ERC777-compatible token standards on the Ethereum blockchain, incorporating advanced features like a lock vault for token generation.


· maul4420 · #community-announcements