PRiVCY (PRIV)

PRiVCY ranks #479 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #5574: 5095 of the 5573 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#479
Rank counting claims#5574
Price$0.000983
Circulating supply0 PRIV
Maximum supply30,000,000 PRIV
Consensus familyProof of Work
Consensus mechanismYesPower
Own hashrate—
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. PRiVCY'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)6.1group average, 8 of 12 measured
Sound Money Properties (6 checks) (Source)73.5 of 5 points, 1 not yet measured source
Scarcity (Limited supply · 1 Store of value · Whitepaper §6)4.9fixed maximum supply of 30 million, but an issuer or vote can mint outside the schedule: supply scale 9.8, cap 0
Durability (Sustainability · 1 Store of value)✓8 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)–about 138 transactions a second, 5.3 on the throughput scale (5 is the busiest networks' median demand)
Divisibility (Flexibility · 3 Unit of account)✓8 decimal places, the smallest unit worth $9.8e-12
Verifiability (Authenticity check · 1 Store of value · Whitepaper §8)✗node software open source; no light clients or pruned nodes
Scalability (fees, throughput, block time, block space, features)5.1average of 4 parts source
Fees ($0.001 or less 10, $1 or more 0)–not yet measured
Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5)5.3about 138.3 simple transactions a second
Block time (10 minutes 10, less either side)7.3a block every 1.8 minutes
Block space per 10 minutes (32 MB or more 10)7.61.5 MB limit, 8.23 MB per 10 minutes
Features (3 checks)00 of 2 passed, 1 not yet researched
Fast payments (Safe to accept within seconds · Whitepaper §11)–Not established for a live network: no running node or explorer found.
Pruned nodes (Old history dropped, every rule checked · Whitepaper §7)✗PRiVCY v1.3.0 (Oct 2019): no -prune option; the node keeps the full block history.
Light clients (Payments verified from headers · Whitepaper §8)✗PRiVCY v1.3.0 (Oct 2019): hybrid PoW/PoS chain; stake blocks cannot be checked from headers without the UTXO set and the protocol has no light-client proof scheme.
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)✗0
Open source (Node software)✓A single team (privcycoin, MIT-licensed) maintained the client; nothing since 2019.
Real use (1,000+ transactions a day)–
No 51% attack (Nor a deep reorganisation, five years)✓
Decentralisation6.1section average, 5 of 8 measured
Censorship resistant (Source)10No authority can halt the chain or freeze funds: No freeze or admin key in the code. source
No central team (Source)0A central team directs it: A single team (privcycoin, MIT-licensed) maintained the client; nothing since 2019. 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)0.594.7% of today's supply allocated at launch to founders, a company, a foundation or investors. The README states 'Block 1 - Premine' and the code pays 21,000,000 PRIV in block 1 (blocks 2-49 pay 0, then 10 PRIV to block 1,000, then 7 halving every 131,400 PoW blocks). 21M / 22,175,970 (CoinMarketCap-listed supply after the 2019 v2.0 fork) = ~94.7%. source
Fundraising—Launch not yet researched
Developer share (after launch)10No developer share: every new coin goes to the miners or validators who produce blocks. PoW and PoS rewards go to the block producer; no recurring developer output in the code (but see issuerMint). source
Privacy6section average
Privacy (5 checks)63 of 5 passed source
Protocol level privacy (Keys not tied to an identity · Whitepaper §10)✓PRiVCY's Bitcoin-derived node (privcycoin/privcy) 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)✓PRiVCY v1.3.0 (Oct 2019): PRiVCY starts an embedded Tor thread (ThreadTorNet / tor_main) whenever the node starts.
Hidden amounts (Amounts confidential)✗PRiVCY v1.3.0 (Oct 2019): transparent amounts; no confidential-transaction scheme.
Hidden parties (Sender and receiver hidden)✗PRiVCY v1.3.0 (Oct 2019): stealth addresses hide the receiver, but no ring signature or zero-knowledge proof hides 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)1PRiVCY v1.3.0 (Oct 2019): Bitcoin-style Script (signatures, hashes, CHECKMULTISIG) limited to spending conditions; no contract platform.
Multisig and time locks (Without a third party)✗PRiVCY v1.3.0 (Oct 2019): CHECKMULTISIG is present, but the script interpreter has no OP_CHECKLOCKTIMEVERIFY or OP_CHECKSEQUENCEVERIFY (the code base predates BIP65/BIP112), so no output can be time-locked.
Atomic swaps (With other chains)✗PRiVCY v1.3.0 (Oct 2019): without a lock-time opcode Script cannot express the refund branch of an HTLC, and no adaptor-signature swap exists for the coin.
Native exchange (Built into the protocol)✗PRiVCY v1.3.0 (Oct 2019): no order book or market maker in the ledger rules.
Cross-chain messaging (Verified by the chain itself)✗PRiVCY v1.3.0 (Oct 2019): no cross-chain message or light-client verification in the protocol.
NFTs (Carried by the chain's rules)✗PRiVCY v1.3.0 (Oct 2019): no token or NFT type in the consensus rules.
Supply & Demand4.9group average
Supply & Demand (Source)0average of 1 measure
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)–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)9.8fixed maximum supply of 30 million
Record6group 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)88 full years since 2018-07-31, the first day with a recorded price (genesis not yet researched, so the age can only be understated).
Development (work, improvements, unfixed issues)00 positive, 5 negative source
Negative
Steady work, 0 of 6✗0 commits in 0 of the last 12 months (github.com/privcycoin/privcy); privcycoin/privcy: v1.3.0 wallets released Aug-Oct 2019; last commit 19 Sep 2019.
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 PRiVCY v1.3.0(Mac).
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 PRiVCY v1.3.0(Mac).
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 PRiVCY v1.3.0(Mac).
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 PRiVCY v1.3.0(Mac).

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 30,000,000 PRIV are in circulation — 0.0% of the total that will ever exist.

Launch and allocation

Premine (allocated at launch)94.7% of today's supply
Developer share received since launch0% of today's supply
Developer share of new coins today0%

The README states 'Block 1 - Premine' and the code pays 21,000,000 PRIV in block 1 (blocks 2-49 pay 0, then 10 PRIV to block 1,000, then 7 halving every 131,400 PoW blocks). 21M / 22,175,970 (CoinMarketCap-listed supply after the 2019 v2.0 fork) = ~94.7%.

None documented.

Not established: the use of the block-1 premine (swap from an earlier chain, team or sale) is not documented in a source found.

PoW and PoS rewards go to the block producer; no recurring developer output in the code (but see issuerMint).

issuerMint: the code hard-codes '#define GEN_AMOUNT 6670030' at '#define GEN_HEIGHT 500000' (commented as new fund generation), a scheduled discretionary mint of 6.67M PRIV to a project address outside the block schedule. YesPower hybrid: PoW 180 s, PoS 60 s; MAX_MONEY 30M.

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

The work behind it

No source we can reach publishes a hashrate for PRiVCY.

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 PRiVCY

PRiVCY is #479 among cryptocurrencies and #5574 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 5095 places between PRiVCY'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).

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