1. Home
  2. News
  3. Reports

ICORating UlordChain Code Review

News
ICORating UlordChain Code Review

Initial coin offering (ICO) project UlordChain (The ICO has not been announced officially), or Ulord, appears to feature many sophisticated technical components, but has to date gone largely unnoticed by the media. ICORating's technical analysts performed a thorough code review of Ulord’s public code repository.

At first glance, Ulord appears to have many detailed components that suggest that it is a high quality project, including a node, a subnode, a wallet, and blockside. All repositories are written in several programming languages and give an impression that large number of developers have participated in developing the code over at least a month.

In performing the code review, our team discovered that the entire Ulord protocol is a Bitcoin protocol that has simply been renamed. Our analysis of the commits, the code refactoring, and the cleanup indicate that much of the code may have been taken from a different project and renamed to look as if it came from Ulord developers.

Our technical analysts concluded that Ulord may indeed be a copy of another ICO project called Rootstock (RSK), being developed and promoted by RSK Labs, Ltd. Ulord appears to have replaced all Rootstock and RSK titles with USC and Ulord titles.

Find screenshots of the code review, additional links, and more details in the PDF version of the document.

31 Jul 2018

Subscribe to our newsletter

Our newsletters are sent on a regular basis and are aiming to provide you most overall market situation

Latest news

New Token Listings: Blockpass and Provoco

Trading pairs of initial coin offer...
19 Oct 2018

ICORating Weekly Report: 41st Week of 2018

This report includes data on severa...
19 Oct 2018

Security Token Future Conference Co-Hosted By ICORating A Great Success

ICORating co-hosted the global Secu...
19 Oct 2018

Gates Foundation Partners With Blockchain Startup Coil

The Gates Foundation has announced ...
18 Oct 2018

New Token Listing: Alt.Estate

A trading pair of initial coin offe...
18 Oct 2018

Crypto Market Prices Could Increase Tenfold In Coming Years

The cryptocurrency market could see...
17 Oct 2018

New Token Listings: UbiatarPlay, Menlo One and Tezos

Trading pairs of initial coin offer...
17 Oct 2018

OKEx Listed Four Stablecoins Simultaneously

The Hong Kong-based cryptocurrency ...
17 Oct 2018

Telegram’s Blockchain-Based Platform Almost Ready

TON, a blockchain-based platform fr...
17 Oct 2018