BitcoinII ranks #282 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #2612: 2330 of the 2611 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 2872 non-native assets CoinSpectrum lists above it by market cap, about 81% are tokens, 16% are claims on other assets and 3% are memecoins.
| CoinSpectrum Grade | pending — launch under review |
|---|---|
| Rank among cryptocurrencies | #282 |
| Rank counting claims | #2612 |
| Market capitalisation | $262,563 |
| Price | $0.1000 |
| Circulating supply | 2,625,850 BC2 |
| Maximum supply | 2,100,000 BC2 |
| Consensus family | Proof of Work |
| Consensus mechanism | SHA-256 |
| Own hashrate | — |
| Network purpose | Payments |
| Ledger type | Single-asset ledger |
| Launch distribution | No premine |
Market figures from the 28 October 2026 build. Open the live view for every exchange's price, and charts.
Grade pending. What BitcoinII 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.
| Criterion | Score | Basis |
|---|---|---|
| Leading Consensus Mechanisms (Source) | 10 | group average |
| Consensus: leader ladder | 10 | Proof of work: 10 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| Consensus: family ladder | 10 | Proof of work: 10 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Cryptocurrency Standards (Source) | 6.6 | group average, 11 of 13 measured |
| Sound Money Qualities (6 checks) | 4.8 | 2.9 of 6 points source |
| Scarcity: a fixed cap that holds, and a supply near 21 million | 9.1 | fixed maximum supply of 2.63 million: supply scale 8.2, cap 10 |
| Durability: five years or more with no halt, freeze or reversal | ✗ | 1 full year since its first recorded price, no halt, freeze or reversal in five years |
| Fungibility: every unit interchangeable, none the protocol can freeze or set apart | ✓ | no authority can freeze, blacklist or set apart a coin |
| Divisibility: the smallest unit worth a cent or less | ✓ | 8 decimal places, the smallest unit worth $1.0e-9 |
| Portability: fees of a cent or less and capacity for real demand | ✗ | typical fee $1e-8; about 12 transactions a second (1.2 on the throughput scale; 5 is the busiest networks' median demand) |
| Verifiability: open-source nodes and checking without a trusted server | ✗ | node software not open source; light clients verify from headers or proofs |
| Privacy (5 checks) | 4 | 2 of 5 passed source |
| Whitepaper privacy: keys are not tied to an identity | ✓ | 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, no account linking every coin | ✓ | |
| Network-level privacy: the node hides where a transaction came from (Dandelion++, Tor or I2P, on by default) | ✗ | Bitcoin Core 31 base: BIP324 encrypts transport but does not hide origin; Tor is optional. |
| Hidden amounts (confidential transactions, RingCT, shielded pools, Mimblewimble) | ✗ | Transparent transactions: amounts are public on chain. |
| Hidden sender and receiver (ring signatures or zero-knowledge proofs, one-time or stealth addresses) | ✗ | Transparent addresses: sender and receiver are public on chain. |
| Scalability (fees, throughput, block time, block space, features) | 6.5 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $1e-8 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5) | 1.2 | about 12 simple transactions a second |
| Block time (10 minutes 10, less either side) | 9.1 | a block every 18.3 minutes |
| Block space per 10 minutes (32 MB or more 10) | 5.4 | 4 MB limit, 2.19 MB per 10 minutes |
| Features (3 checks) | 6.7 | 2 of 3 passed |
| Payments safe to accept within seconds | ✗ | Ten-minute probabilistic blocks on a Bitcoin Core 29-31 base, which relays full replace-by-fee by default, with no double-spend proofs or instant locks. |
| Pruned nodes: a full node can validate and drop old history | ✓ | -prune option inherited from Bitcoin Core 0.11 (2015): keeps the UTXO set and recent blocks. |
| Light clients verify payments from headers or proofs, without a trusted server | ✓ | Bitcoin Core 31-based PoW chain with BIP37 Merkle proofs and BIP157 compact block filters for SPV wallets. |
| Security (miner pay and 7 checks) | 4.5 | 3 of 6 points, 3 not yet measured source |
| Miners paid a day ($1,000 0, $10 million or more 10), 2 points | – | |
| Its own hashrate: at least half its algorithm's largest, not merge-mined | – | |
| Largest pool or validator under 50% | ✓ | 18.9% |
| Largest three under 75% | ✓ | 54.3% |
| More than one maintained client | ✗ | 1 |
| Node software is open source | ✗ | Releases are tagged and signed by one developer, KvantaMechanic, in the Bitcoin-II GitHub organisation; the consensus-critical ShockWave difficulty code added in 2026 is under KvantaMechanic's proprietary 'source-review' licence, which forbids reuse or derivative works, so the reference node is no longer fully open source. |
| Real on-chain use: 1,000+ transactions a day | ✗ | about 335 a day |
| No 51% attack or deep reorganisation in five years | ✓ | |
| Programmability (tokens, contracts, 5 checks) | 3.3 | 3 of 9 points source |
| Token issuance | 0 | No token issuance on the chain itself |
| Smart contracts: scripting for spending conditions | 1 | Bitcoin Core-derived Script (SegWit, Taproot) limited to spending conditions. |
| Multisig and time locks | ✓ | CHECKMULTISIG plus CLTV (height 260) and CSV (height 280) in BitcoinII mainnet parameters. |
| Atomic swaps with other chains | ✓ | HTLCs expressible with OP_SHA256/OP_HASH160 and OP_CHECKLOCKTIMEVERIFY. |
| An exchange built into the protocol | ✗ | No exchange in the protocol. |
| Cross-chain messaging the chain verifies itself | ✗ | No protocol-level cross-chain messaging. |
| Non-fungible tokens | ✗ | No token or NFT type in the consensus rules. |
| Decentralisation | 8.3 | section average, 6 of 8 measured |
| Censorship resistant (Source) | 10 | No authority can halt the chain or freeze funds: No protocol-level party can freeze, blacklist or claw back coins or halt the chain. source |
| No central team (Source) | 0 | A central team directs it: Releases are tagged and signed by one developer, KvantaMechanic, in the Bitcoin-II GitHub organisation; the consensus-critical ShockWave difficulty code added in 2026 is under KvantaMechanic's proprietary 'source-review' licence, which forbids reuse or derivative works, so the reference node is no longer fully open source. source |
| Who can mint (Source) | 10 | Proof 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) | 10 | 0% of today's supply allocated at launch to founders, a company, a foundation or investors. Bitcoin's issuance rules unchanged (50 BC2 per block from block 1, halving every 210,000 blocks) with only the conventional 50 BC2 genesis output; genesis dated 12 December 2024, block 1 mined 22 June 2025. No allocation exists in the code. Difficulty lagged a hashrate surge on 2 July 2025, when blocks ~4,032 to ~20,000 (about 800,000 BC2) were mined in under a day, but by open miners rather than as a founders' allocation. source |
| Fundraising | 10 | No sale of the coin source |
| Developer share (after launch) | 10 | No developer share: every new coin goes to the miners or validators who produce blocks. No cut: GetBlockSubsidy is Bitcoin's (50 >> halvings) and the whole reward goes to the miner. source |
| Supply & Demand | 6 | group average |
| Supply & Demand (Source) | 3.8 | average of 5 measures |
| Exchanges (10 or more: 10) | 1 | 1 exchange |
| Daily volume ($10K 0, $1B or more 10) | 1.7 | $70,097 traded in 24 hours; #1735 by volume on the exchanges the site reads (scored on the median day of the last 2, $72,522) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 6.1 | 27% 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 | $263K, 0 on a scale of 2.5 points per tenfold |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | 10 | no futures, options or margin on the exchanges read |
| Supply (smaller is better) | 8.2 | fixed maximum supply of 2.63 million |
| Record | 6 | group average |
| Record (origin, claims, halts) | 10 | 3 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) | 1 | 1 full year since 2025-09-05, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, improvements, unfixed issues) | 7 | 2 positive, 0 negative source |
| Positive | ||
| Steady work, 6 of 6 | ✓ | 22 commits in 4 of the last 12 months (github.com/Bitcoin-II/BitcoinII-Core); Last release BitcoinII v31.1.0, 2026-08-29 (hard fork at height 57,750: ShockWave difficulty algorithm, Ordinals/Runes restrictions, replay protection); before it v29.1.0, 2025-11-27, which deprecated earlier v29 releases. |
| Shipped a security fix in two years, +1 | ✓ | BitcoinII v31.1.0, Aug 2026: hard fork at height 57,750 adding replay protection and fork-aware header sync, on a Bitcoin Core 31 base that carries upstream disclosed fixes; v29.1.0 (Nov 2025) deprecated all earlier v29 builds. |
Twenty criteria, weighted equally. The Cryptocurrency Standards have six sections: sound money qualities (six checks: scarcity, durability, fungibility, divisibility, portability, verifiability), privacy (five checks), scalability (four measures and three features), security (miner pay and seven checks), programmability (token issuance, smart contracts and five checks) and decentralisation (censorship resistance, no central team, who can mint, nodes, holders, premine, fundraising and developer share). 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.
2,625,850 of a maximum 2,100,000 BC2 are in circulation — effectively all of them.
| Premine (allocated at launch) | 0% of today's supply |
|---|---|
| Sold by the issuer or insiders | 0% of today's supply |
| Developer share received since launch | 0% of today's supply |
| Developer share of new coins today | 0% |
| Fundraising | No sale and no investor round |
Bitcoin's issuance rules unchanged (50 BC2 per block from block 1, halving every 210,000 blocks) with only the conventional 50 BC2 genesis output; genesis dated 12 December 2024, block 1 mined 22 June 2025. No allocation exists in the code. Difficulty lagged a hashrate surge on 2 July 2025, when blocks ~4,032 to ~20,000 (about 800,000 BC2) were mined in under a day, but by open miners rather than as a founders' allocation.
No ICO, presale or venture round (CoinMarketCap's project description: 'no premine, no VC control').
No sale is documented; the project states no premine, no ICO and no investor allocation.
No cut: GetBlockSubsidy is Bitcoin's (50 >> halvings) and the whole reward goes to the miner.
Max supply is 21M under Bitcoin's schedule (the 2.1M max some listings show is wrong). Blocks have averaged ~18 minutes; the 2026 ShockWave per-block difficulty algorithm was added with 'emergency stall recovery', and between heights 40,000 (Sept 2025) and 57,750 (Aug 2026) the chain averaged under 50 blocks a day. The 'Unidentified yiimp pool' label may cover more than one pool.
Sources: github.com · github.com · github.com · explorer.bitcoin-ii.org · coinmarketcap.com. Researched 2026-10-26, medium confidence.
No source we can reach publishes a hashrate for BitcoinII.
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.
BitcoinII is #282 among cryptocurrencies and #2612 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 2330 places between BitcoinII'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).