Riecoin (RIC)

Riecoin ranks #241 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #1469: 1228 of the 1468 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 2218 non-native assets CoinSpectrum lists above it by market cap, about 78% are tokens, 18% are claims on other assets and 4% are memecoins.

CoinSpectrum Gradepending — launch under review
Rank among cryptocurrencies#241
Rank counting claims#1469
Market capitalisation$1M
Price$0.0139
Circulating supply72,292,495 RIC
Maximum supply0 RIC
Consensus familyProof of Work
Consensus mechanismPrime constellations (Riecoin PoW)
Own hashrate—
Network purposePayments
Ledger typeSingle-asset ledger
Launch distributionNo premine

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

CoinSpectrum Grade (Source)

Grade pending. What Riecoin 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.

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)8group average, 10 of 12 measured
Sound Money Properties (6 checks) (Source)5.83.5 of 6 points source
Scarcity (Limited supply · 1 Store of value · Whitepaper §6)4.7no fixed maximum; 72.3 million in circulation: supply scale 9.3, cap 0
Durability (Sustainability · 1 Store of value)✗1 full year 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 $2e-8; about 24 transactions a second, 2.4 on the throughput scale (5 is the busiest networks' median demand)
Divisibility (Flexibility · 3 Unit of account)✓8 decimal places, the smallest unit worth $1.4e-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)6.9average of 5 parts source
Fees ($0.001 or less 10, $1 or more 0)10typical fee $2e-8
Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5)2.4about 24 simple transactions a second
Block time (10 minutes 10, less either side)7.8a block every 2.5 minutes
Block space per 10 minutes (32 MB or more 10)7.62 MB limit, 8 MB per 10 minutes
Features (3 checks)6.72 of 3 passed
Fast payments (Safe to accept within seconds · Whitepaper §11)✗2.5-minute proof-of-work blocks on a Bitcoin Core-derived node with replace-by-fee; no instant-lock or double-spend proofs.
Pruned nodes (Old history dropped, every rule checked · Whitepaper §7)✓Riecoin Core 2606 (Bitcoin Core 29+-era CMake base) keeps -prune.
Light clients (Payments verified from headers · Whitepaper §8)✓Bitcoin Core-based node serves BIP37 merkleblocks and BIP157 compact block filters.
Security (miner pay and 7 checks)32 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%)✗54.9%
Largest three (Under 75% together)✗95.1%
Clients (More than one maintained)✗1
Open source (Node software)✓Riecoin Core is maintained by a small volunteer team (RiecoinTeam on GitHub, led by its pseudonymous lead developer Pttn); no company or foundation; MIT licence.
Real use (1,000+ transactions a day)✗about 24 a day
No 51% attack (Nor a deep reorganisation, five years)✓
Decentralisation10section average, 6 of 8 measured
Censorship resistant (Source)10No authority can halt the chain or freeze funds: No protocol party can freeze, blacklist or claw back coins or halt the chain. source
No central team (Source)10No central team: Riecoin Core is maintained by a small volunteer team (RiecoinTeam on GitHub, led by its pseudonymous lead developer Pttn); no company or foundation; MIT licence. 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)100% of today's supply allocated at launch to founders, a company, a foundation or investors. Launched 2014-02-11 with a documented fair launch: no reward for the first 576 blocks, then a linear ramp over the next 576 (comment in GetBlockSubsidy); no genesis allocation or sale. source
Fundraising10No sale of the coin source
Developer share (after launch)10No developer share: every new coin goes to the miners or validators who produce blocks. The whole subsidy goes to the miner; there is no developer or foundation output in the consensus code. Since the 2024 rules at least half of fees are burnt rather than paid to anyone. source
Privacy4section average
Privacy (5 checks)42 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)✗Bitcoin-derived node relays its own transactions over clearnet by default; Tor (-proxy/-onion) needs user setup and there is no Dandelion.
Hidden amounts (Amounts confidential)✗Transparent UTXO amounts; no confidential-transaction or shielded feature.
Hidden parties (Sender and receiver hidden)✗Transparent addresses; no ring signatures, ZK proofs 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)1Bitcoin Core-derived Script with spending conditions only.
Multisig and time locks (Without a third party)✓OP_CHECKMULTISIG, OP_CHECKLOCKTIMEVERIFY and OP_CHECKSEQUENCEVERIFY in its script interpreter.
Atomic swaps (With other chains)✓Script can express HTLCs (hash check plus CLTV/CSV refund).
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 & Demand6.3group average
Supply & Demand (Source)3.3average of 5 measures
Exchanges (10 or more: 10)11 exchange
Daily volume ($10K 0, $1B or more 10)0$7,502 traded in 24 hours; #2711 by volume on the exchanges the site reads (scored on the median day of the last 2, $7,691)
Turnover (volume ÷ market cap, 5% a day: 10)5.60.75% of its market cap a day, median of the last 3 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$1.0M, 0 on a scale of 2.5 points per tenfold
Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0)10no futures, options or margin on the exchanges read
Supply (smaller is better)9.3no fixed maximum; 72.3 million in circulation
Record5.3group 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)11 full year since 2025-07-08, the first day with a recorded price (genesis not yet researched, so the age can only be understated).
Development (work, improvements, unfixed issues)51 positive, 1 negative source
Positive
Steady work, 6 of 6✓8 commits in 2 of the last 12 months (github.com/RiecoinTeam/Riecoin); Riecoin Core 2606 released 2026-06-14; 2511, 2507, 2505 and 2501 also in the last 24 months.
Negative
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 Riecoin v2606.

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

72,292,495 of a maximum 0 RIC are in circulation — effectively all of them.

Launch and allocation

Premine (allocated at launch)0% of today's supply
Sold by the issuer or insiders0% of today's supply
Developer share received since launch0% of today's supply
Developer share of new coins today0%
FundraisingNo sale and no investor round

Launched 2014-02-11 with a documented fair launch: no reward for the first 576 blocks, then a linear ramp over the next 576 (comment in GetBlockSubsidy); no genesis allocation or sale.

No ICO, presale or venture round.

No sale of supply.

The whole subsidy goes to the miner; there is no developer or foundation output in the consensus code. Since the 2024 rules at least half of fees are burnt rather than paid to anyone.

Two coinbase addresses produced 87% of the last 1,000 blocks; one address alone holds a majority of block production. No 51% attack, deep reorg or halt found in the window.

Sources: github.com · github.com · github.com · miningpoolstats.stream · chainz.cryptoid.info. Researched 2026-10-26, medium confidence.

The work behind it

No source we can reach publishes a hashrate for Riecoin.

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 Riecoin

Riecoin is #241 among cryptocurrencies and #1469 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 1228 places between Riecoin'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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