PlatinumBAR (XPTX)

PlatinumBAR ranks #443 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #5482: 5039 of the 5481 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#443
Rank counting claims#5482
Price$0.00247
Circulating supply0 XPTX
Maximum supplyno fixed cap
Consensus familyHybrid
Consensus mechanismQuark PoW + PoS
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 PlatinumBAR'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)4.5group average
Consensus: leader ladder4.5Hybrid: 4.5 of 10 on the ladder of consensus families ranked by their largest chain's market cap
Consensus: family ladder4.5Hybrid: 4.5 of 10 on the ladder of families ranked by the combined market cap of their chains
Cryptocurrency Standards (Source)7.9group average, 6 of 12 measured
Sound Money Properties (6 checks) (Source)—3 of 3 points, 3 not yet measured
Scarcity (Limited supply · 1 Store of value · Whitepaper §6)–
Durability (Sustainability · 1 Store of value)✓10 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)–
Divisibility (Flexibility · 3 Unit of account)✓8 decimal places, the smallest unit worth $2.5e-11
Verifiability (Authenticity check · 1 Store of value · Whitepaper §8)–
Scalability (fees, throughput, block time, block space, features)—too few measures yet 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)–not yet measured
Block time (10 minutes 10, less either side)7.5a block every 2 minutes
Block space per 10 minutes (32 MB or more 10)–not yet measured
Features (3 checks)–not yet researched
Fast payments (Safe to accept within seconds · Whitepaper §11)–Client code not available to check relay policy.
Pruned nodes (Old history dropped, every rule checked · Whitepaper §7)–Could not be established: no client source, specification or live explorer could be found. (repository deleted, explorer down).
Light clients (Payments verified from headers · Whitepaper §8)–Could not be established: no client source, specification or live explorer could be found. (repository deleted, explorer down).
Security (miner pay and 7 checks)—1 of 2 points, 7 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)–Anonymous founding team; repository deleted.
Real use (1,000+ transactions a day)–
No 51% attack (Nor a deep reorganisation, five years)✓
Decentralisation7.4section average, 5 of 8 measured
Censorship resistant (Source)—Not yet researched
No central team (Source)0A central team directs it: Anonymous founding team; repository deleted. source
Who can mint (Source)7.1Hybrid: 7.1 of 10 on the ladder of who produces blocks
Nodes (Source)—Not yet counted
Holder concentration (Source)—Not yet measured
Premine (allocated at launch)100.25% of today's supply allocated at launch to founders, a company, a foundation or investors. BitcoinTalk ANN (topic 1448143, 2016-04-23) lists a 10,000 XPTX block-1 premine for development and marketing, cut to 5,350 after 4,650 XPTX were burned in May 2016; 5,350 / ~2.16M total supply (CoinLore) = 0.25%. 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. ANN schedule: 0.01 XPTX per block for blocks 2-501, 5 per block to 18,000, then 0.001 per block; staking at 230% interest; no developer share. source
Privacy10section average
Privacy (5 checks)102 of 5 passed, 3 not yet measured source
Protocol level privacy (Keys not tied to an identity · Whitepaper §10)✓PlatinumBAR's Bitcoin-derived node (bhok/PlatinumBar) 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)–Could not be established: no client source, specification or live explorer could be found. (repository deleted, explorer down).
Hidden amounts (Amounts confidential)–Could not be established: no client source, specification or live explorer could be found. (repository deleted, explorer down).
Hidden parties (Sender and receiver hidden)–Could not be established: no client source, specification or live explorer could be found. (repository deleted, explorer down).
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)1PlatinumBAR source copy (May 2016; original xptx/PlatinumBar repository gone): Bitcoin-style Script (signatures, hashes, CHECKMULTISIG) limited to spending conditions; no contract platform.
Multisig and time locks (Without a third party)✗PlatinumBAR source copy (May 2016; original xptx/PlatinumBar repository gone): 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)✗PlatinumBAR source copy (May 2016; original xptx/PlatinumBar repository gone): 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)✗PlatinumBAR source copy (May 2016; original xptx/PlatinumBar repository gone): no order book or market maker in the ledger rules.
Cross-chain messaging (Verified by the chain itself)✗PlatinumBAR source copy (May 2016; original xptx/PlatinumBar repository gone): no cross-chain message or light-client verification in the protocol.
NFTs (Carried by the chain's rules)✗PlatinumBAR source copy (May 2016; original xptx/PlatinumBar repository gone): no token or NFT type in the 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)1010 full years since 2016-05-17, 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, 1 negative, 1 not yet researched source
Negative
Steady work, 0 of 6✗github.com/xptx/PlatinumBar returns 404 and the explorer is down; no release in 24 months.
Not yet researched
Unfixed vulnerabilities and exploits–

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

Launch and allocation

Premine (allocated at launch)0.25% 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

BitcoinTalk ANN (topic 1448143, 2016-04-23) lists a 10,000 XPTX block-1 premine for development and marketing, cut to 5,350 after 4,650 XPTX were burned in May 2016; 5,350 / ~2.16M total supply (CoinLore) = 0.25%.

No ICO; a small development/marketing premine.

No ICO or developer sale in the ANN.

ANN schedule: 0.01 XPTX per block for blocks 2-501, 5 per block to 18,000, then 0.001 per block; staking at 230% interest; no developer share.

The coin launched in April 2016 (ANN date); trackers say April 2017. It appears defunct.

Sources: bitcointalk.org · platinumbar.io · coinlore.com · api.coinpaprika.com. Researched 2026-10-26, low confidence.

The work behind it

No source we can reach publishes a hashrate for PlatinumBAR.

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 PlatinumBAR

PlatinumBAR is #443 among cryptocurrencies and #5482 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 5039 places between PlatinumBAR'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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