Smart contract check by Cloude

Prompt: Please - check attached smart contract, consider the Key Token Principles * No presale, ICO, IDO, or private sale. * No allocations for the creator, developers, or investors. * No hidden reserves or special privileges for any address. * Distribution should be free, requiring only network gas fees. * No post-deployment control: contract is immutable once deployed. * Open-source and verifiable by anyone.

Claude Answer:

I'll analyze this smart contract for its fairness principles and security considerations:

1. Fairness Principles Verification:

• ✅ No presale/ICO: Contract launches with all tokens in the contract itself

• ✅ No allocations: All tokens are distributed through the claim mechanism

• ✅ No owner privileges: No owner or admin functions present

• ✅ Free distribution: Only gas fees required (checked via MIN_ETH_REQUIRED)

• ✅ Immutable: No upgrade mechanisms or proxy patterns

• ✅ Open source: Code is clearly readable with detailed comments

1. Distribution Mechanism:

• Fair initial distribution with INITIAL_REWARD = 0.1 tokens

• Halving mechanism every 2,100,000 claims (similar to Bitcoin's model)

• Maximum 2 tokens per address (MAX_PER_ADDRESS)

• Progressive unlocking through CHUNK_SIZE (210,000 tokens per chunk)

1. Anti-Gaming Measures:

• ✅ ReentrancyGuard implementation

• ✅ Cooldown periods between claims (DISTRIBUTION_COOLDOWN)

• ✅ Minimum ETH balance requirement (0.01 ETH)

• ✅ Dynamic intervals based on participant count

• ✅ Front-running protection using block.prevrandao

1. Supply Management:

• Total supply: 21,000,000 tokens (similar to Bitcoin)

• Progressive unlocking based on participant count

• Chunk-based distribution with participant thresholds

• Supply tracking through totalClaimed and availableSupply

1. Transparency Features:

• Detailed event emissions for claims, halvings, and chunk unlocks

• Public view functions for distribution stats

• Verifiable fairness principles through CONTRACT_PRINCIPLES

The contract successfully implements all key token principles while maintaining:

• Security against common attack vectors

• Fair distribution mechanics

• Transparent operation

• No privileged functions or backdoors

• Progressive decentralization through increasing participant requirements