CloakCoin (CLOAK)

CloakCoin ranks #234 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #1872: 1638 of the 1871 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 2116 non-native assets CoinSpectrum lists above it by market cap, about 77% are tokens, 18% are claims on other assets and 5% are memecoins.

CoinSpectrum Gradepending — launch under review
Rank among cryptocurrencies#234
Rank counting claims#1872
Market capitalisation$1M
Price$0.1946
Circulating supply6,188,290 CLOAK
Maximum supplyno fixed cap
Consensus familyProof of Stake
Consensus mechanismPoSA (Enigma privacy)
Network purposePrivate payments
Ledger typeSingle-asset ledger

Market figures from the 28 October 2026 build. Open the live view for every exchange's price, and charts.

CoinSpectrum Grade (Source)

Grade pending. CloakCoin's launch — how much went to insiders, whether it was sold to investors — is still being researched. A grade is not given until it is, so that a coin is never rated higher for what is not yet known.

CriterionScoreBasis
Leading Consensus Mechanisms (Source)9.1group average
Consensus: leader ladder9.1Proof of stake: 9.1 of 10 on the ladder of consensus families ranked by their largest chain's market cap
Consensus: family ladder9.1Proof of stake: 9.1 of 10 on the ladder of families ranked by the combined market cap of their chains
Cryptocurrency Standards (Source)5.3group average, 4 of 12 measured
Sound Money Properties (6 checks) (Source)52.5 of 5 points, 1 not yet measured
Scarcity (Limited supply · 1 Store of value · Whitepaper §6)4.5no fixed maximum; 6.19 million in circulation: supply scale 8.9, cap 0
Durability (Sustainability · 1 Store of value)–12 full years since its first recorded price, record not yet reviewed
Fungibility (Interchangeability · 3 Unit of account)✓every unit identical and worth any other
Portability (Scalability · 2 Medium of exchange)✗typical fee $0.0052; about 74 transactions a second, 4.2 on the throughput scale (5 is the busiest networks' median demand)
Divisibility (Flexibility · 3 Unit of account)✓6 decimal places, the smallest unit worth $1.9e-7
Verifiability (Authenticity check · 1 Store of value · Whitepaper §8)✗no light clients or pruned nodes
Scalability (fees, throughput, block time, block space, features)5.2average of 5 parts source
Fees ($0.001 or less 10, $1 or more 0)7.6typical fee $0.0052
Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5)4.2about 74 simple transactions a second
Block time (10 minutes 10, less either side)6.4a block every 1 minute
Block space per 10 minutes (32 MB or more 10)81 MB limit, 10 MB per 10 minutes
Features (3 checks)00 of 2 passed, 1 not yet researched
Fast payments (Safe to accept within seconds · Whitepaper §11)–
Pruned nodes (Old history dropped, every rule checked · Whitepaper §7)✗No -prune option; nodes keep all blocks.
Light clients (Payments verified from headers · Whitepaper §8)✗Old PPCoin-era codebase with no BIP37 merkleblock service.
Security (miner pay and 7 checks)—0 of 3 points, 6 not yet measured
Miner pay (A day, $1,000 0 to $10 million 10; 2 points)0not mined
Own hashrate (Half its algorithm's largest, not merge-mined)✗not mined
Largest pool (Pool or validator under 50%)–
Largest three (Under 75% together)–
Clients (More than one maintained)–
Open source (Node software)–
Real use (1,000+ transactions a day)–
No 51% attack (Nor a deep reorganisation, five years)–
Decentralisation8.6section average, 1 of 8 measured
Censorship resistant (Source)—Not yet researched
No central team (Source)—Not yet researched
Who can mint (Source)8.6Proof of stake: 8.6 of 10 on the ladder of who produces blocks
Nodes (Source)—Not yet counted
Holder concentration (Source)—Not yet measured
Premine (allocated at launch)—Launch not yet researched
Fundraising—Launch not yet researched
Developer share (after launch)—Not yet researched
Privacy2.5section average
Privacy (5 checks)2.51 of 5 passed, 1 not yet measured 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)✗CloakShield onion routing is used for Enigma transactions, but fOnionRouteAll defaults to false, so ordinary transactions are relayed directly.
Hidden amounts (Amounts confidential)✗Transparent UTXO amounts; no confidential-transaction or shielded feature.
Hidden parties (Sender and receiver hidden)✗Enigma mixes coins through cooperating nodes and stealth addresses hide receivers, but no ring signatures or ZK proofs hide the sender.
Programmability (tokens, contracts, 5 checks)1.11 of 9 points source
Token issuance0No token issuance on the chain itself
Smart contracts (Scripting for spending conditions)1Old Bitcoin-codebase Script (src/script.cpp lineage) with spending conditions only.
Multisig and time locks (Without a third party)✗OP_CHECKMULTISIG is present, but OP_NOP2/OP_NOP3 stay no-ops (no CHECKLOCKTIMEVERIFY or CHECKSEQUENCEVERIFY), so outputs cannot carry time-locked spending conditions.
Atomic swaps (With other chains)✗Without CLTV/CSV no script refund path can be time-locked, so an HTLC cannot be expressed in an output.
Native exchange (Built into the protocol)✗No exchange in the protocol.
Cross-chain messaging (Verified by the chain itself)✗No cross-chain feature in the protocol.
NFTs (Carried by the chain's rules)✗No token or NFT type in the protocol.
Supply & Demand4.5group average
Supply & Demand (Source)0.1average of 2 measures
Exchanges (10 or more: 10)0no exchange the site reads trades it
Daily volume ($10K 0, $1B or more 10)–no volume reported
Turnover (volume ÷ market cap, 5% a day: 10)–not measured
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)0.2$1.2M, 0.2 on a scale of 2.5 points per tenfold
Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0)–not measured
Supply (smaller is better)8.9no fixed maximum; 6.19 million in circulation
Record5group average, 2 of 3 measured
Record (origin, claims, halts)—Not yet reviewed
Age (years since genesis) (Source)1012 full years since 2014-06-07, the first day with a recorded price (genesis not yet researched, so the age can only be understated).
Development (work, improvements, unfixed issues)01 positive, 3 negative source
Positive
Shipped a security fix in two years, +1✓CloakCoin 2.3.0.0, Jan 2026: block-version-6 soft fork fixing a staking bug that made staking practically impossible for some nodes.
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 CloakCoin v2.3.1.0.windows.
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 CloakCoin v2.3.1.0.windows.
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 CloakCoin v2.3.1.0.windows.

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.

Supply

6,188,290 CLOAK are in circulation, against no fixed cap — issuance has no defined end.

What a regulator has said

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.

How CoinSpectrum ranks CloakCoin

CloakCoin is #234 among cryptocurrencies and #1872 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 1638 places between CloakCoin'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).

Other Proof of Stake chains

TT ThunderCoreMAS MassaADM ADAMANT MessengerRENEC RENECAXM AxiomeVSYS v.systems