Bitcoin Cash II ranks #368 of 508 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #5201: 4833 of the 5200 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 Grade | B · 73/100 · provisional |
|---|---|
| Rank among cryptocurrencies | #368 |
| Rank counting claims | #5201 |
| Price | $0.0250 |
| Circulating supply | 0 BCH2 |
| Maximum supply | 21,000,000 BCH2 |
| Consensus family | Proof of Work |
| Consensus mechanism | SHA-256 |
| Own hashrate | 5.41 PH/s |
| 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.
B — 73 out of 100, provisional (from 16 of 18 criteria, 28 October 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 65 to 76 (B to A).
| 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) | 7.5 | group average, 9 of 11 measured |
| Basic list (4 checks) | 7.5 | 3 of 4 passed source |
| Limited supply | ✓ | fixed maximum of 21,000,000 |
| No authority that can halt the chain or freeze funds | ✓ | No protocol key can freeze or claw back coins or halt the chain. |
| No central team | ✗ | The only node (MIT) lives in the BitcoincashII GitHub organisation, which also runs the explorer, a pool (pool.bch2.org), DNS seeds and the exchange page. |
| UTXO ledger | ✓ | |
| Privacy (3 checks) | 0 | 0 of 3 passed source |
| Network-level privacy: the node hides where a transaction came from (Dandelion++, Tor or I2P, on by default) | ✗ | Bitcoin Cash II Core v27.0.2 (Apr 2026): no Dandelion; Tor is only used if the operator runs and configures it. |
| Hidden amounts (confidential transactions, RingCT, shielded pools, Mimblewimble) | ✗ | Transparent Bitcoin-style amounts; no confidential transactions. |
| Hidden sender and receiver (ring signatures or zero-knowledge proofs, one-time or stealth addresses) | ✗ | Transparent addresses and inputs; no ring signatures or stealth addresses. |
| Scalability (fees, throughput, block time, block space, features) | 9.1 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $6e-8 |
| Throughput (1,000 transactions a second or more 10) | 7.9 | about 236 simple transactions a second |
| Block time (10 minutes 10, less either side) | 10 | a block every 10 minutes |
| Block space per 10 minutes (32 MB or more 10) | 10 | 32 MB limit, 31.9 MB per 10 minutes |
| Features (4 checks) | 7.5 | 3 of 4 passed |
| Payments safe to accept within seconds | ✓ | Bitcoin Cash rules after the fork: replace-by-fee disabled (first-seen mempool) and the node creates and relays double-spend proofs (DSProof). |
| Native payment channels or instant payments | ✗ | Double-spend proofs are relay warnings, not protocol-enforced instant confirmation, and no payment-channel network runs on the chain. |
| Pruned nodes: a full node can validate and drop old history | ✓ | Bitcoin Cash II Core v27.0.2 (Apr 2026): -prune keeps the UTXO set and recent blocks. |
| Light clients verify payments from headers or proofs, without a trusted server | ✓ | BCH2 Core v27.0.2 serves BIP37 Merkle proofs and BIP157 filters to SPV clients checking SHA-256 proof of work. |
| Security (miner pay and 7 checks) | 4 | 4 of 9 points source |
| Miners paid a day ($1,000 0, $10 million or more 10), 2 points | 0 | about $180 a day |
| Its own hashrate: at least half its algorithm's largest, not merge-mined | ✗ | |
| Largest pool or validator under 50% | ✓ | 32.29% |
| Largest three under 75% | ✓ | 55.49% |
| More than one maintained client | ✗ | 1 |
| Node software is open source | ✓ | The only node (MIT) lives in the BitcoincashII GitHub organisation, which also runs the explorer, a pool (pool.bch2.org), DNS seeds and the exchange page. |
| Real on-chain use: 1,000+ transactions a day | ✗ | about 180 a day |
| No 51% attack or deep reorganisation in five years | ✓ | |
| Programmability (tokens, contracts, 5 checks) | 6.7 | 6 of 9 points source |
| Token issuance at protocol level, validated by its own nodes | 2 | CashTokens (CHIP-2022-02) are in the BCH2 node's consensus rules, active from the fork from BitcoinII at block 53,200 (2025). |
| Smart contracts: scripting for spending conditions | 1 | BCH2 Core carries the Bitcoin Cash VM (introspection opcodes, 64-bit integers, CashTokens opcodes), but no applications run on BCH2 mainnet, so it scores as scripting for spending conditions. |
| Multisig and time locks | ✓ | OP_CHECKMULTISIG plus CLTV and CSV (BIP65Height 260, CSVHeight 280 in BCH2 chainparams). |
| Atomic swaps with other chains | ✓ | HTLCs with a hash lock and CLTV refund are standard Script on BCH2. |
| An exchange built into the protocol | ✗ | No exchange in the consensus rules; any exchange would be a covenant contract. |
| Cross-chain messaging the chain verifies itself | ✗ | BCH2 nodes verify no other chain; no protocol-level cross-chain messaging. |
| Non-fungible tokens | ✓ | CashTokens NFTs (CHIP-2022-02) are in BCH2's consensus rules (CheckTokens in validation). |
| Decentralisation | 10 | section average, 4 of 6 measured |
| 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. Fork of BitcoinII (BC2) at block 53,200 (2026-03-04) that carries over BC2's ledger, 53,200 x 50 = 2.66M coins all mined openly on BC2 from block 1 (2025-06-22; genesis dated 2024-12-12). The fork added no developer allocation or dev fee, and every block since pays 50 BCH2 to the miner. 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. GetBlockSubsidy pays 50 coins halving every 210,000 blocks entirely to the miner; no developer or treasury output. source |
| Supply & Demand | 5.3 | group average |
| Supply & Demand (Source) | 0.5 | average of 2 measures |
| Exchanges (10 or more: 10) | 1 | 1 exchange |
| Daily volume ($10K 0, $1B or more 10) | 0 | $9,755 traded in 24 hours; #2606 by volume on the exchanges the site reads (scored on the median day of the last 2, $10,079) |
| 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) | 10 | fixed maximum supply of 21 million |
| Record | 6.3 | 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) | 0 | 0 full years since 2026-03-22, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, improvements, unfixed issues) | 9 | 4 positive, 0 negative source |
| Positive | ||
| Steady work, 6 of 6 | ✓ | 19 commits in 3 of the last 12 months (github.com/BitcoincashII/bitcoincashII-core); BitcoincashII/bitcoincashII-core v27.0.0, v27.0.1 and v27.0.2 released April-May 2026; commits through 2026-08-25. |
| Shipped a security fix in two years, +1 | ✓ | v27.0.1 (10 Apr 2026) fixed a CashToken deserialization consensus bug that split v27.0.0 nodes onto a shadow chain at block 58,594; v27.0.2 (Apr 2026) added checkpoints against it. |
| Shipped a scaling upgrade in two years, +1 | ✓ | Fork from BitcoinII at block 53,200 (4 Mar 2026, v27.0.0): block limit raised from BitcoinII's 4,000,000 weight to 32 MB. |
| Shipped a new capability for users in two years, +1 | ✓ | Same fork at block 53,200 (Mar 2026): CashTokens (fungible and NFT) in consensus. |
Eighteen criteria, weighted equally. The Cryptocurrency Standards have six sections: the basic list (four checks drawn from the Bitcoin whitepaper), privacy (three checks), scalability (four measures and four features), security (miner pay and seven checks), programmability (token issuance, smart contracts and five checks) and decentralisation (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.
0 of a maximum 21,000,000 BCH2 are in circulation — 0.0% of the total that will ever exist.
| 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 |
Fork of BitcoinII (BC2) at block 53,200 (2026-03-04) that carries over BC2's ledger, 53,200 x 50 = 2.66M coins all mined openly on BC2 from block 1 (2025-06-22; genesis dated 2024-12-12). The fork added no developer allocation or dev fee, and every block since pays 50 BCH2 to the miner.
None found; BC2 holders received BCH2 1:1 at the fork.
No sale or investor round documented.
GetBlockSubsidy pays 50 coins halving every 210,000 blocks entirely to the miner; no developer or treasury output.
BC2 started at difficulty 1 with Bitcoin's 2016-block retarget, so its first 30,000 blocks (1.5M coins, over half of the supply BCH2 inherited) were mined in 23 days (2025-06-22 to 2025-07-15). Mining was open, but early SHA-256 miners took that share cheaply. No crawler publishes a node count.
Sources: github.com · raw.githubusercontent.com · raw.githubusercontent.com · explorer.bch2.org · bch2.org. Researched 2026-10-26, medium confidence.
Bitcoin Cash II is secured by 5.41 PH/s of its own work. Hashrate does not compare across algorithms — a SHA-256 hash and a Scrypt hash cost different amounts to produce.
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.
Bitcoin Cash II is #368 among cryptocurrencies and #5201 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 4833 places between Bitcoin Cash II'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).