Electric Cash (ELCASH)

Electric Cash ranks #331 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #4345: 4014 of the 4344 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.

CoinSpectrum Gradepending — launch under review
Rank among cryptocurrencies#331
Rank counting claims#4345
Price$0.0469
Circulating supply0 ELCASH
Maximum supply21,000,000 ELCASH
Consensus familyProof of Work
Consensus mechanismSHA-256
Own hashrate—
Network purposePayments
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. Electric Cash'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)10group average
Consensus: leader ladder10Proof of work: 10 of 10 on the ladder of consensus families ranked by their largest chain's market cap
Consensus: family ladder10Proof of work: 10 of 10 on the ladder of families ranked by the combined market cap of their chains
Cryptocurrency Standards (Source)7.2group average, 7 of 12 measured
Sound Money Properties (6 checks) (Source)8.35 of 6 points source
Scarcity (Limited supply · 1 Store of value · Whitepaper §6)10fixed maximum supply of 21 million: supply scale 10, cap 10
Durability (Sustainability · 1 Store of value)✓5 full years since its first recorded price, no 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 $7e-8; about 95 transactions a second, 4.6 on the throughput scale (5 is the busiest networks' median demand)
Divisibility (Flexibility · 3 Unit of account)✓8 decimal places, the smallest unit worth $4.7e-10
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)8.3average of 5 parts source
Fees ($0.001 or less 10, $1 or more 0)10typical fee $7e-8
Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5)4.6about 95 simple transactions a second
Block time (10 minutes 10, less either side)10a block every 10.1 minutes
Block space per 10 minutes (32 MB or more 10)1032 MB limit, 31.7 MB per 10 minutes
Features (3 checks)6.72 of 3 passed
Fast payments (Safe to accept within seconds · Whitepaper §11)✗Ten-minute blocks; the Bitcoin Core-derived node honours opt-in BIP125 replace-by-fee, so zero-confirmation payments are not protected.
Pruned nodes (Old history dropped, every rule checked · Whitepaper §7)✓Electric Cash Core v0.27.7 (Jan 2025, Bitcoin Core 0.21-era code): -prune keeps the UTXO set and recent blocks.
Light clients (Payments verified from headers · Whitepaper §8)✓Electric Cash Core v0.27.7 serves BIP37 Merkle proofs and BIP157 filters to SPV clients checking SHA-256 proof of work.
Security (miner pay and 7 checks)—2 of 3 points, 6 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%)–
Largest three (Under 75% together)–
Clients (More than one maintained)✗1
Open source (Node software)✓The node, wallet, explorer and API all live in the electric-cash GitHub organisation run by the Electric Cash project (electriccash.global).
Real use (1,000+ transactions a day)–
No 51% attack (Nor a deep reorganisation, five years)✓
Decentralisation7.5section average, 4 of 8 measured
Censorship resistant (Source)10No authority can halt the chain or freeze funds: No key-based freeze in the code; the DDMS coinbase whitelist restricted who could receive block rewards until height 205,850 but did not freeze coins. source
No central team (Source)0A central team directs it: The node, wallet, explorer and API all live in the electric-cash GitHub organisation run by the Electric Cash project (electriccash.global). source
Who can mint (Source)10Proof 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)—Not computed: the README and MINING.md state 2,100,000 ELCASH (10% of the 21M cap, the first 4,200 blocks at 500 ELCASH) was pre-mined for the project's development, marketing, airdrops and staker rewards. In addition, consensus code (DDMS, consensus.fddms = true) only accepted coinbase outputs paying one of 100 hard-coded addresses until height 205,850, so all issuance to that height (~15.5M ELCASH on schedule) went to predetermined addresses, which makes that minting closed rather than open. Current height and supply could not be read (explorer and API return Access Denied), so no share of current supply is given.
Fundraising—Launch not yet researched
Developer share (after launch)10No developer share: every new coin goes to the miners or validators who produce blocks. GetBlockRewardForHeight pays the scheduled reward (500, 75, 70, 65, 55, 40, 25, 15 ... per 52,500-block period) as coinbase with no separate developer output; the project's take came from the pre-mine and the DDMS whitelist instead. source
Privacy4section average
Privacy (5 checks)42 of 5 passed source
Protocol level privacy (Keys not tied to an identity · Whitepaper §10)✓Electric Cash's Bitcoin-derived node (electric-cash/electric-cash) has no identity rule: anyone generates keys and receives and sends the coin.
UTXO ledger (A new key for each payment · Whitepaper §2, §9)✓
Network privacy (Origin hidden by default)✗Electric Cash Core v0.27.7 (Jan 2025, Bitcoin Core 0.21-era code): no Dandelion; Tor is only used if the operator runs and configures it.
Hidden amounts (Amounts confidential)✗Transparent Bitcoin-style amounts; no confidential transactions.
Hidden parties (Sender and receiver hidden)✗Transparent addresses and inputs; no ring signatures or stealth addresses.
Programmability (tokens, contracts, 5 checks)3.33 of 9 points source
Token issuance0No token issuance on the chain itself
Smart contracts (Scripting for spending conditions)1Electric Cash runs Bitcoin-style Script limited to spending conditions (signatures, hash locks, multisig); no contract VM or token introspection.
Multisig and time locks (Without a third party)✓OP_CHECKMULTISIG plus OP_CHECKLOCKTIMEVERIFY and OP_CHECKSEQUENCEVERIFY, enforced from block 1 (BIP65Height and CSVHeight = 1 in Electric Cash Core chainparams).
Atomic swaps (With other chains)✓HTLCs built from Script hash locks (OP_SHA256/OP_HASH160) with a CLTV refund branch are standard Script, so cross-chain hash-locked swaps work on Electric Cash.
Native exchange (Built into the protocol)✗No exchange or order book in the Electric Cash consensus rules.
Cross-chain messaging (Verified by the chain itself)✗Electric Cash nodes verify no other chain; no protocol-level cross-chain messaging.
NFTs (Carried by the chain's rules)✗No token or NFT type in the Electric Cash consensus rules.
Supply & Demand5.9group average
Supply & Demand (Source)1.7average of 1 measure
Exchanges (10 or more: 10)–exchanges not yet counted
Daily volume ($10K 0, $1B or more 10)1.7$69,421 traded in 24 hours; #1699 by volume
Turnover (volume ÷ market cap, 5% a day: 10)–not measured
Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10)–not measured
Market cap ($1M 0, $10B or more 10)–not measured
Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0)–not measured
Supply (smaller is better)10fixed maximum supply of 21 million
Record5group average
Record (origin, claims, halts)103 positive, 0 negative source
Positive record
Launched with a stated purpose, not as a joke✓
No claims by its founders that contradict its own design✓
No halt, freeze or reversal in five years✓
Age (years since genesis) (Source)55 full years since 2021-07-29, 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, 4 negative source
Positive
Steady work, 2 of 6✓0 commits in 0 of the last 12 months (github.com/electric-cash/electric-cash); electric-cash/electric-cash v0.27.7 (2025-01-15) and v0.27.0 (2024-12-24) are the only releases in the last 24 months; no commits since 2025-01-15.
Negative
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 Electric Cash v0.27.7.
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 Electric Cash v0.27.7.
Unfixed vulnerability, disclosed 2024-10-08, −1✗CVE-2024-35202: a crafted blocktxn message trips the assert in compact-block reconstruction and crashes the node; still in Electric Cash v0.27.7.
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 Electric Cash v0.27.7.

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

0 of a maximum 21,000,000 ELCASH are in circulation — 0.0% of the total that will ever exist.

Launch and allocation

Developer share received since launch0% of today's supply
Developer share of new coins today0%

Not computed: the README and MINING.md state 2,100,000 ELCASH (10% of the 21M cap, the first 4,200 blocks at 500 ELCASH) was pre-mined for the project's development, marketing, airdrops and staker rewards. In addition, consensus code (DDMS, consensus.fddms = true) only accepted coinbase outputs paying one of 100 hard-coded addresses until height 205,850, so all issuance to that height (~15.5M ELCASH on schedule) went to predetermined addresses, which makes that minting closed rather than open. Current height and supply could not be read (explorer and API return Access Denied), so no share of current supply is given.

Not established. Founder named as Eyal Avramovich by Coinranking only; mainnet launched 2020-12-20.

Not established; no sale terms found, and the pre-mine was allocated to project activities.

GetBlockRewardForHeight pays the scheduled reward (500, 75, 70, 65, 55, 40, 25, 15 ... per 52,500-block period) as coinbase with no separate developer output; the project's take came from the pre-mine and the DDMS whitelist instead.

MINING.md presents mining after the 4,200-block pre-mine as ordinary, while the consensus code limited coinbase outputs to 100 hard-coded addresses until block 205,850 (about late 2024 on schedule). That is not stated in MINING.md and is not recorded under falseClaims, because the whitepaper could not be checked. Chain liveness today is unverified (market cap and circulating supply show 0).

Sources: github.com · raw.githubusercontent.com · raw.githubusercontent.com · raw.githubusercontent.com · raw.githubusercontent.com. Researched 2026-10-26, low confidence.

The work behind it

No source we can reach publishes a hashrate for Electric Cash.

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 Electric Cash

Electric Cash is #331 among cryptocurrencies and #4345 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 4014 places between Electric Cash'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 Work chains

AXE AxeACOIN AcoinBDAG BlockDAG NetworkBMB BTCMobickXTM MinoTari (Tari L1)MWC MimbleWimbleCoin