BitcoinZ ranks #273 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #2545: 2272 of the 2544 assets ahead of it are not native coins but tokens or claims. A token is issued on a host blockchain rather than running its own; a claim stands for an asset already counted. Of the 2810 non-native assets CoinSpectrum lists above it by market cap, about 81% are tokens, 16% are claims on other assets and 3% are memecoins.
| CoinSpectrum Grade | pending — launch under review |
|---|---|
| Rank among cryptocurrencies | #273 |
| Rank counting claims | #2545 |
| Market capitalisation | $307,807 |
| Price | $0.0000244 |
| Circulating supply | 12,604,351,724 BTCZ |
| Maximum supply | 21,000,000,000 BTCZ |
| Consensus family | Proof of Work |
| Consensus mechanism | Equihash 144,5 (Zhash) |
| Own hashrate | — |
| Network purpose | Payments |
| Ledger type | Single-asset ledger |
| Launch distribution | No premine |
Market figures from the 28 October 2026 build. Open the live view for every exchange's price, and charts.
Grade pending. What BitcoinZ pays its miners is not yet measured. A grade is not given until it is, so that a coin is never rated higher for what is not yet known.
| Criterion | Score | Basis |
|---|---|---|
| Leading Consensus Mechanisms (Source) | 10 | group average |
| Consensus: leader ladder | 10 | Proof of work: 10 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| Consensus: family ladder | 10 | Proof of work: 10 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Cryptocurrency Standards (Source) | 8.5 | group average, 10 of 12 measured |
| Sound Money Properties (6 checks) (Source) | 6.3 | 3.8 of 6 points source |
| Scarcity (Limited supply · 1 Store of value · Whitepaper §6) | 8 | fixed maximum supply of 21 billion: supply scale 6, cap 10 |
| Durability (Sustainability · 1 Store of value) | ✗ | 9 full years since its first recorded price, one halt, freeze or reversal in five years |
| Fungibility (Interchangeability · 3 Unit of account) | ✓ | every unit identical and worth any other |
| Portability (Scalability · 2 Medium of exchange) | ✗ | typical fee $3e-9; about 59 transactions a second, 3.9 on the throughput scale (5 is the busiest networks' median demand) |
| Divisibility (Flexibility · 3 Unit of account) | ✓ | 8 decimal places, the smallest unit worth $2.4e-13 |
| Verifiability (Authenticity check · 1 Store of value · Whitepaper §8) | ✓ | node software open source; light clients verify from headers or proofs |
| Scalability (fees, throughput, block time, block space, features) | 7.9 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $3e-9 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5) | 3.9 | about 59 simple transactions a second |
| Block time (10 minutes 10, less either side) | 7.8 | a block every 2.5 minutes |
| Block space per 10 minutes (32 MB or more 10) | 7.6 | 2 MB limit, 7.95 MB per 10 minutes |
| Features (3 checks) | 10 | 3 of 3 passed |
| Fast payments (Safe to accept within seconds · Whitepaper §11) | ✓ | zcashd-derived node has no replace-by-fee, so it relays first-seen; 2.5-minute blocks. |
| Pruned nodes (Old history dropped, every rule checked · Whitepaper §7) | ✓ | -prune inherited from the Bitcoin/Zcash codebase (BitcoinZ 2.3.1 init). |
| Light clients (Payments verified from headers · Whitepaper §8) | ✓ | Equihash PoW header chain with BIP37 merkleblock Merkle proofs inherited from the Bitcoin codebase (transparent SPV). |
| Security (miner pay and 7 checks) | 3 | 2 of 6 points, 3 not yet measured source |
| Miner pay (A day, $1,000 0 to $10 million 10; 2 points) | – | |
| Own hashrate (Half its algorithm's largest, not merge-mined) | – | |
| Largest pool (Pool or validator under 50%) | ✗ | 88.7% |
| Largest three (Under 75% together) | ✗ | 97.2% |
| Clients (More than one maintained) | ✗ | 1 |
| Open source (Node software) | ✓ | Maintained by volunteer contributors of 'The BitcoinZ Community' (github.com/btcz/bitcoinz, MIT); no company or foundation controls it. |
| Real use (1,000+ transactions a day) | ✗ | about 246 a day |
| No 51% attack (Nor a deep reorganisation, five years) | ✓ | |
| Decentralisation | 9.9 | section average, 6 of 8 measured |
| Censorship resistant (Source) | 10 | No authority can halt the chain or freeze funds: No protocol key can freeze coins; the October 2026 rollback was carried out by a mandatory node release that miners and exchanges adopted, which is evidence of coordinated reversal rather than a standing power. source |
| No central team (Source) | 10 | No central team: Maintained by volunteer contributors of 'The BitcoinZ Community' (github.com/btcz/bitcoinz, MIT); no company or foundation controls it. source |
| Who can mint (Source) | 10 | Proof of work: 10 of 10 on the ladder of who produces blocks |
| Nodes (Source) | — | Not yet counted |
| Holder concentration (Source) | — | Not yet measured |
| Premine (allocated at launch) | 10 | 0% of today's supply allocated at launch to founders, a company, a foundation or investors. Fair launch on 2017-09-09 as a Zcash-code fork without Zcash's founders' reward; no genesis allocation, ICO or instamine found. source |
| Fundraising | 10 | No sale of the coin source |
| Developer share (after launch) | 9.5 | Developer share: about 4.6% of today's supply received so far; 20% of each new block reward goes to them today. A 5% 'community fee' to 2-of-3 multisig addresses from height 328,501 (2019-04-07) to 1,400,000 (2024-08-05), and since the Canopy upgrade at height 1,735,000 (2026-03-16) three ZIP-207 funding streams of 7%, 5% and 8% (20%) to BitcoinZ t3 addresses until height 3,360,000. Arithmetic: 511,500 x 625 + 560,000 x 312.5 + 127,198 x 625 = ~574M BTCZ / 12.60B supply = 4.6%. source |
| Privacy | 8 | section average |
| Privacy (5 checks) | 8 | 4 of 5 passed source |
| Protocol level privacy (Keys not tied to an identity · Whitepaper §10) | ✓ | Addresses are hashes of keys users generate themselves; the node checks scripts and signatures, with no identity condition in its consensus rules. |
| UTXO ledger (A new key for each payment · Whitepaper §2, §9) | ✓ | |
| Network privacy (Origin hidden by default) | ✗ | No Dandelion; Tor is an optional -onion/-proxy setting in the Zcash-derived node. |
| Hidden amounts (Amounts confidential) | ✓ | Sapling shielded pool, active since block 328,500 (2019); 2.3.1 (Oct 2026) closed only the Sprout JoinSplit pool. |
| Hidden parties (Sender and receiver hidden) | ✓ | Sapling zk-SNARK spends hide the sender and shielded z-addresses hide the receiver (since 2019). |
| Programmability (tokens, contracts, 5 checks) | 3.3 | 3 of 9 points source |
| Token issuance | 0 | No token issuance on the chain itself |
| Smart contracts (Scripting for spending conditions) | 1 | Bitcoin-derived Script limited to spending conditions; no contract applications. |
| Multisig and time locks (Without a third party) | ✓ | Zcash-derived transparent Script with CHECKMULTISIG and CLTV enforced in block connection (no CSV, which absolute locks make unnecessary). |
| Atomic swaps (With other chains) | ✓ | HTLCs expressible with OP_SHA256/OP_HASH160 and OP_CHECKLOCKTIMEVERIFY. |
| Native exchange (Built into the protocol) | ✗ | No exchange in the protocol. |
| Cross-chain messaging (Verified by the chain itself) | ✗ | No protocol-level cross-chain messaging. |
| NFTs (Carried by the chain's rules) | ✗ | No token or NFT type in the consensus rules. |
| Supply & Demand | 4.1 | group average |
| Supply & Demand (Source) | 2.2 | average of 5 measures |
| Exchanges (10 or more: 10) | 1 | 1 exchange |
| Daily volume ($10K 0, $1B or more 10) | 0 | $2 traded in 24 hours; #4192 by volume on the exchanges the site reads (scored on the median day of the last 2, $14) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 0 | 0.00% of its market cap a day, median of the last 2 days |
| Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10) | – | no order book on the nine exchanges read |
| Market cap ($1M 0, $10B or more 10) | 0 | $308K, 0 on a scale of 2.5 points per tenfold |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | 10 | no futures, options or margin on the exchanges read |
| Supply (smaller is better) | 6 | fixed maximum supply of 21 billion |
| Record | 6 | group average |
| Record (origin, claims, halts) | 9 | 2 positive, 1 negative source |
| Positive record | ||
| Launched with a stated purpose, not as a joke | ✓ | |
| No claims by its founders that contradict its own design | ✓ | |
| Negative record | ||
| Halt, freeze or reversal, 2026-10-21 | ✗ | Block 1,860,181 contained five input-less Sprout JoinSplits with all-zero proofs creating 105 billion BTCZ that never existed. The developers' emergency release 2.3.1 declared it invalid and rewound the chain 115 blocks to 1,860,180, rolling back every later transaction; exchanges were told to keep deposits and withdrawals suspended. |
| Age (years since genesis) (Source) | 9 | 9 full years since 2017-10-12, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, improvements, unfixed issues) | 0 | 2 positive, 7 negative source |
| Positive | ||
| Steady work, 6 of 6 | ✓ | 16 commits in 4 of the last 12 months (github.com/btcz/bitcoinz); BitcoinZ 2.3.1 (emergency) released 2026-10-21, after 2.3.0 (2026-10-19), 2.2.0 (2026-05-05), 2.1.1 (2025-08-14) and 2.1.0 (2024-10-14). |
| Shipped a security fix in two years, +1 | ✓ | BitcoinZ 2.3.1 (emergency), Oct 2026: invalidated block 1,860,181, whose input-less transactions minted 105 billion BTCZ through skipped Sprout proofs and a 64-bit overflow, and disallowed JoinSplits. |
| Negative | ||
| Unfixed vulnerability, disclosed 2024-07-03, −1 | ✗ | CVE-2024-52914: crafted orphan transactions can stall the node for hours in the uninterruptible orphan-resolution loop; still in BitcoinZ 2.3.1. |
| Unfixed vulnerability, disclosed 2024-07-03, −1 | ✗ | CVE-2020-14198: misbehaving peers are auto-banned into an unbounded ban list, so many attacker addresses can exhaust CPU and memory; still in BitcoinZ 2.3.1. |
| Unfixed vulnerability, disclosed 2024-07-31, −1 | ✗ | CVE-2024-52919: addr-message spam can overflow the address manager's 32-bit id counter and crash the node, with no addr rate limit; still in BitcoinZ 2.3.1. |
| Unfixed vulnerability, disclosed 2024-09-18, −1 | ✗ | CVE-2019-25220: a long low-difficulty header chain can exhaust memory because the node has no headers pre-synchronisation; still in BitcoinZ 2.3.1. |
| Unfixed vulnerability, disclosed 2026-05-05, −1 | ✗ | CVE-2024-52911: a crafted invalid block can make script-check threads read freed precomputed transaction data and crash the node; still in BitcoinZ 2.3.1. |
| Exploit of the chain, 2026-06-20, −1 | ✗ | Block 1,789,967 carried an input-less transaction spending a Sprout JoinSplit whose proof was never verified, minting about 56.3M BTCZ; the block was not invalidated. |
| Exploit of the chain, 2026-10-21, −1 | ✗ | Block 1,860,181 carried five input-less transactions spending Sprout JoinSplits with all-zero proofs, minting 105 billion BTCZ because cached checks skipped proof verification; BitcoinZ 2.3.1 invalidated the block and rolled the chain back. |
Twenty criteria, weighted equally. The Cryptocurrency Standards have five sections: sound money (six qualities: scarcity, durability, fungibility, portability, divisibility, verifiability), scalability (four measures and three features), security (miner pay and seven checks), decentralisation (censorship resistance, no central team, who can mint, nodes, holders, premine, fundraising and developer share) and privacy (five checks); programmability (token issuance, smart contracts and five checks) follows them. Provisional: criteria marked — are not yet measured and are left out of the average. A rating of structure and market depth, not a price forecast or investment advice. How the grade is built · Highest-graded cryptocurrencies.
12,604,351,724 of a maximum 21,000,000,000 BTCZ are in circulation — 60.0% of the total that will ever exist.
| Premine (allocated at launch) | 0% of today's supply |
|---|---|
| Sold by the issuer or insiders | 0% of today's supply |
| Developer share received since launch | 4.6% of today's supply |
| Developer share of new coins today | 20% |
| Fundraising | No sale and no investor round |
Fair launch on 2017-09-09 as a Zcash-code fork without Zcash's founders' reward; no genesis allocation, ICO or instamine found.
Community-launched; no ICO, presale or investors.
No sale.
A 5% 'community fee' to 2-of-3 multisig addresses from height 328,501 (2019-04-07) to 1,400,000 (2024-08-05), and since the Canopy upgrade at height 1,735,000 (2026-03-16) three ZIP-207 funding streams of 7%, 5% and 8% (20%) to BitcoinZ t3 addresses until height 3,360,000. Arithmetic: 511,500 x 625 + 560,000 x 312.5 + 127,198 x 625 = ~574M BTCZ / 12.60B supply = 4.6%.
Two forged-proof incidents: on 2026-06-20 block 1,789,967 accepted a Sprout withdrawal with an unverified proof that paid 56,305,778 BTCZ to t1RGJarR9UVinsAVmH2Xxdw7sVW8oeSM6Kn. That block remains in the chain (issue #118; 2.3.1 checkpoints past it), and the Sprout pool held only 0.447 BTCZ afterwards. In October 2026, 105 billion counterfeit BTCZ were rolled back. zpool, a multipool, finds about 89% of blocks. The funding-stream labels (ECC, Zcash Foundation, Major Grants) are inherited from Zcash code; their recipients are BitcoinZ multisig addresses.
Sources: github.com · raw.githubusercontent.com · raw.githubusercontent.com · github.com · explorer.btcz.rocks. Researched 2026-10-26, medium confidence.
No source we can reach publishes a hashrate for BitcoinZ.
No SEC/CFTC determination — unclassified.
The regulator's position, reported as stated, not CoinSpectrum's. Assets nobody has ruled on are left unclassified rather than sorted by a guess.
BitcoinZ is #273 among cryptocurrencies and #2545 in the market ranking, which lists wrapped coins, staked derivatives, stablecoins and tokens alongside them. CoinSpectrum counts an asset once, and counts only cryptocurrencies: assets with their own blockchain and their own consensus. A wrapped coin, a staked derivative or a stablecoin is a claim on something already counted; a token, memecoin or otherwise, runs on another chain's blocks. All of them are listed, each in its own section, and none is added to the total. The 2272 places between BitcoinZ's two ranks are held by claims and tokens, not by other networks. The methodology sets out the rule and the counting rule argues for it.
The price above is the median of the exchanges the site reads live, checked every minute and cross-checked against a market snapshot (how market data is gathered). The grade is scored on published criteria, each with its source (the method). The site is independent, nothing on it is a paid placement, and its statements are signed (about CoinSpectrum, the manifesto).