Solana ecosystem faces another issue. Privacy application SHDW was found to have multiple serious flaws during testing: transfer functions are not truly private, users cannot withdraw their funds, yet the official claims the product is “completely private and fully functional.” More concerning is that SHDW plans to issue tokens today, which means investors might participate without fully understanding the real situation.
How Serious Is the Problem
According to tests by SolanaFloor, SHDW has the following key issues:
Issue Type
Specific Performance
Risk Level
Privacy Function Flaws
Claims private transfers, but transfers are not private
Critical
Fund Security
Users cannot withdraw funds they have deposited
Critical
Transparency
Official responses do not match actual conditions
High
Customer Support
Lack of effective support channels
Medium
Official Response to the Issues
SHDW’s official response is even more worrying. They claim the product is “completely private and fully functional,” but this directly contradicts the results from SolanaFloor’s testing. Especially issues like “users cannot withdraw funds” are not mere functional differences but critical flaws involving user asset security. The official has not provided any technical explanations nor announced a timeline for solutions.
Worse still, SHDW lacks effective customer support channels. This means that even if users discover problems, it is difficult to get help. The absence of such support systems often signals that a project is either not very professional or has other underlying issues.
Token issuance timing issue
SHDW plans to issue tokens today. This timing is particularly sensitive—problems have just been publicly exposed, official responses lack credibility, and investors have little knowledge of the true situation. Launching tokens under these circumstances involves very high risk.
Impact on the Solana Ecosystem
Such incidents damage trust in the Solana ecosystem. Currently ranked 6th by market cap, with approximately $7.862 billion, it hosts many projects. SHDW’s issues show that even on well-known blockchains, projects with serious functional flaws can emerge. This serves as a reminder for users to conduct more thorough due diligence before participating in Solana ecosystem projects.
It is worth noting that SOL has fallen 1.59% in the past 24 hours, possibly related to the market re-evaluating ecosystem risks.
Summary
SHDW’s situation is a typical example of project risk: critical flaws in core functions, official responses contradicting facts, lack of customer support, and being exposed just before token issuance. These factors together serve as a clear warning to investors.
Before participating in any privacy applications or new projects, investors should: thoroughly understand the project’s technical details, verify official claims, seek independent third-party testing reports, and assess the quality of customer support. The lesson from SHDW is that one should not overlook technical validation just because of project promises.
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Solana Privacy App SHDW Test Fails: Funds Cannot Be Withdrawn, Critical Flaw Discovered on the Eve of Token Launch Today
Solana ecosystem faces another issue. Privacy application SHDW was found to have multiple serious flaws during testing: transfer functions are not truly private, users cannot withdraw their funds, yet the official claims the product is “completely private and fully functional.” More concerning is that SHDW plans to issue tokens today, which means investors might participate without fully understanding the real situation.
How Serious Is the Problem
According to tests by SolanaFloor, SHDW has the following key issues:
Official Response to the Issues
SHDW’s official response is even more worrying. They claim the product is “completely private and fully functional,” but this directly contradicts the results from SolanaFloor’s testing. Especially issues like “users cannot withdraw funds” are not mere functional differences but critical flaws involving user asset security. The official has not provided any technical explanations nor announced a timeline for solutions.
Worse still, SHDW lacks effective customer support channels. This means that even if users discover problems, it is difficult to get help. The absence of such support systems often signals that a project is either not very professional or has other underlying issues.
Token issuance timing issue
SHDW plans to issue tokens today. This timing is particularly sensitive—problems have just been publicly exposed, official responses lack credibility, and investors have little knowledge of the true situation. Launching tokens under these circumstances involves very high risk.
Impact on the Solana Ecosystem
Such incidents damage trust in the Solana ecosystem. Currently ranked 6th by market cap, with approximately $7.862 billion, it hosts many projects. SHDW’s issues show that even on well-known blockchains, projects with serious functional flaws can emerge. This serves as a reminder for users to conduct more thorough due diligence before participating in Solana ecosystem projects.
It is worth noting that SOL has fallen 1.59% in the past 24 hours, possibly related to the market re-evaluating ecosystem risks.
Summary
SHDW’s situation is a typical example of project risk: critical flaws in core functions, official responses contradicting facts, lack of customer support, and being exposed just before token issuance. These factors together serve as a clear warning to investors.
Before participating in any privacy applications or new projects, investors should: thoroughly understand the project’s technical details, verify official claims, seek independent third-party testing reports, and assess the quality of customer support. The lesson from SHDW is that one should not overlook technical validation just because of project promises.