SpreadCoin (SPR)

SpreadCoin ranks #399 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #5431: 5032 of the 5430 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#399
Rank counting claims#5431
Price$0.000629
Circulating supply0 SPR
Maximum supplyno fixed cap
Consensus familyProof of Work
Consensus mechanismSpreadX11
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. Fewer than six of SpreadCoin's nine network-security points are measured yet. 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)8.5group average, 9 of 12 measured
Sound Money Properties (6 checks) (Source)84 of 5 points, 1 not yet measured source
Scarcity (Limited supply · 1 Store of value · Whitepaper §6)–
Durability (Sustainability · 1 Store of value)✓12 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 15 transactions a second, 1.6 on the throughput scale (5 is the busiest networks' median demand)
Divisibility (Flexibility · 3 Unit of account)✓8 decimal places, the smallest unit worth $6.3e-12
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)4.6average 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)1.6about 14.7 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)5.20.2 MB limit, 2 MB per 10 minutes
Features (3 checks)51 of 2 passed, 1 not yet researched
Fast payments (Safe to accept within seconds · Whitepaper §11)–The code (an old Bitcoin 0.8/0.9-era fork) relays first-seen with no replace-by-fee, but no live network could be observed to confirm that payments are protected.
Pruned nodes (Old history dropped, every rule checked · Whitepaper §7)✗SpreadCoin v0.9.17.1 (Oct 2018) has no pruning mode; nodes keep every block.
Light clients (Payments verified from headers · Whitepaper §8)✓SpreadCoin v0.9.17.1 (Oct 2018) serves BIP37 Merkle proofs to SPV clients, which check the SpreadX11 proof of work in headers.
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)✓Volunteer developers published the MIT-licensed node at github.com/spreadcoin/spreadcoin; no organisation maintains it today.
Real use (1,000+ transactions 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-level party can freeze or claw back coins. source
No central team (Source)10No central team: Volunteer developers published the MIT-licensed node at github.com/spreadcoin/spreadcoin; no organisation maintains it today. 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. No allocation in the code: GetBlockValue pays 66.67 SPR a block, cut tenfold after block 2,200 (when the target spacing also fell from 10 minutes to 1 minute), halving every 2,000,000 blocks with a linear decay, all to the miner. Launched July 2014; no instamine is documented. 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. No cut: GetBlockValue pays the whole subsidy plus fees to the miner. source
Privacy4section average
Privacy (5 checks)42 of 5 passed source
Protocol level privacy (Keys not tied to an identity · Whitepaper §10)✓SpreadCoin's Bitcoin-derived node (spreadcoin/spreadcoin) 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)✗SpreadCoin v0.9.17.1 (Oct 2018): 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)1.11 of 9 points source
Token issuance0No token issuance on the chain itself
Smart contracts (Scripting for spending conditions)1SpreadCoin 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 is present, but SpreadCoin v0.9.17.1's src/script.h has no OP_CHECKLOCKTIMEVERIFY or OP_CHECKSEQUENCEVERIFY (0xb1 is still OP_NOP2), so Script cannot enforce a time lock.
Atomic swaps (With other chains)✗Without a consensus-enforced CLTV or CSV, SpreadCoin Script cannot express the time-locked refund of an HTLC; only pre-signed nLockTime refunds, which pre-SegWit malleability makes unsafe.
Native exchange (Built into the protocol)✗No exchange or order book in the SpreadCoin consensus rules.
Cross-chain messaging (Verified by the chain itself)✗SpreadCoin 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 SpreadCoin consensus rules.
Supply & Demand0group average, 1 of 2 measured
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)—Supply not reported
Record6.7group 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)1012 full years since 2014-10-27, 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/spreadcoin/spreadcoin); Last release v0.9.17.1, 2018-10-25; no commit since. The project website (spreadcoin.info) returns a Cloudflare origin error.
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 SpreadCoin v0.9.17.1.
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 SpreadCoin v0.9.17.1.
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 SpreadCoin v0.9.17.1.
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 SpreadCoin v0.9.17.1.

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 SPR are in circulation, against no fixed cap — issuance has no defined end.

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

No allocation in the code: GetBlockValue pays 66.67 SPR a block, cut tenfold after block 2,200 (when the target spacing also fell from 10 minutes to 1 minute), halving every 2,000,000 blocks with a linear decay, all to the miner. Launched July 2014; no instamine is documented.

No ICO, presale or private round found.

No sale is documented.

No cut: GetBlockValue pays the whole subsidy plus fees to the miner.

Probably a dead chain: no release since 2018, website down, no explorer, zero supply and market cap on the input.

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

The work behind it

No source we can reach publishes a hashrate for SpreadCoin.

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 SpreadCoin

SpreadCoin is #399 among cryptocurrencies and #5431 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 5032 places between SpreadCoin'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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