ChristCoin (CCT) Audit
Complete security evaluation and code review of ChristCoin (CCT) token smart contract with renounced ownership
Project Overview
ChristCoin (CCT) is a fully decentralized ERC-20 token with renounced ownership, fixed supply of 10 million tokens, and no administrative controls or special functions.
Audit Status
Zero vulnerabilities found. Fully decentralized with renounced ownership.
Contract Details
Key Findings
Audit Scope
The security assessment focused on comprehensive evaluation of the smart contract code, analyzing:
- ERC-20 standard compliance and implementation
- Access control mechanisms and ownership patterns
- Arithmetic overflow/underflow vulnerabilities
- Reentrancy attack vectors
- Token supply manipulation risks
- Administrative privilege escalation
- External dependency security
- Centralization and decentralization aspects
Audit Findings
ChristCoin represents an exemplary implementation of a secure, decentralized ERC-20 token with renounced ownership and zero administrative privileges.
Detailed Security Analysis
Security Strengths
S-01: Renounced Ownership
Contract ownership is immediately renounced after deployment, eliminating all administrative control and single points of failure.
Impact: Complete decentralization with no possibility of malicious administrative actions.
S-02: Fixed Supply
Total supply is fixed at 10 million tokens with no minting functions, preventing inflation attacks or unauthorized token creation.
Impact: Predictable tokenomics with no supply manipulation risks.
S-03: Standard ERC-20 Implementation
Clean, audited implementation following OpenZeppelin patterns with proper error handling and custom errors for gas efficiency.
Impact: Well tested, battle hardened codebase with no exotic features or attack vectors.
S-04: No External Dependencies
Contract has zero external contract dependencies, eliminating composability risks and external failure points.
Impact: Isolated operation with no dependency on third party protocols or oracles.
S-05: Comprehensive Documentation
Extensive NatSpec documentation throughout the codebase provides clear understanding of all functions and security considerations.
Impact: Enhanced transparency and easier security review process.
Recommendations & Conclusion
Overall Risk Level: EXCELLENT
Security Highlights:
- Zero administrative privileges or backdoors
- Ownership permanently renounced upon deployment
- Fixed supply with no minting or burning capabilities
- Standard ERC-20 implementation with battle tested patterns
- No external dependencies or composability risks
- Comprehensive error handling with custom errors
- Clean, well documented codebase
- No reentrancy or arithmetic vulnerabilities
Technical Analysis:
- Uses Solidity 0.8.30 with built in overflow protection
- Proper access control patterns with immediate renunciation
- Gas optimized implementation with custom errors
- Standard 18 decimal precision for maximum compatibility
- Clean separation of concerns in contract architecture
✅ Decentralization Achievement
ChristCoin achieves complete decentralization through immediate ownership renunciation. This eliminates all trust assumptions and creates a truly permissionless, immutable token that operates independently of any central authority.
The HashKode security team has completed a comprehensive analysis of the ChristCoin smart contract and found it to represent best practices in secure, decentralized token design. The contract demonstrates exceptional security through its simplicity, lack of administrative features, and immediate ownership renunciation.
This implementation serves as an exemplary model for community tokens, eliminating centralization risks while maintaining full ERC-20 compatibility. Users can interact with this token with complete confidence in its security and immutability.