Bellscoin ranks #233 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #1862: 1629 of the 1861 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 2107 non-native assets CoinSpectrum lists above it by market cap, about 77% are tokens, 18% are claims on other assets and 5% are memecoins.
| CoinSpectrum Grade | pending — launch under review |
|---|---|
| Rank among cryptocurrencies | #233 |
| Rank counting claims | #1862 |
| Market capitalisation | $1M |
| Price | $0.0200 |
| Circulating supply | 61,482,591 BELLS |
| Maximum supply | no fixed cap |
| Consensus family | Proof of Work |
| Consensus mechanism | Scrypt |
| Own hashrate | — |
| 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 Bellscoin 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) | 8 | group average, 11 of 13 measured |
| Sound Money Qualities (6 checks) | 7.5 | 4.5 of 6 points source |
| Scarcity: a fixed cap that holds, and a supply near 21 million | 4.7 | no fixed maximum; 61.5 million in circulation: supply scale 9.4, cap 0 |
| Durability: five years or more with no halt, freeze or reversal | ✗ | 2 full years 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 $2.0e-10 |
| Portability: fees of a cent or less and capacity for real demand | ✓ | typical fee $5e-7; about 118 transactions a second (5 on the throughput scale; 5 is the busiest networks' median demand) |
| Verifiability: open-source nodes and checking without a trusted server | ✓ | node software 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-derived node relays its own transactions over clearnet by default; Tor (-proxy/-onion) needs user setup and there is no Dandelion. |
| Hidden amounts (confidential transactions, RingCT, shielded pools, Mimblewimble) | ✗ | Transparent UTXO amounts; no confidential-transaction or shielded feature. |
| Hidden sender and receiver (ring signatures or zero-knowledge proofs, one-time or stealth addresses) | ✗ | Transparent addresses; no ring signatures, ZK proofs or stealth addresses. |
| Scalability (fees, throughput, block time, block space, features) | 7.6 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $5e-7 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5) | 5 | about 118 simple transactions a second |
| Block time (10 minutes 10, less either side) | 6.4 | a block every 1 minute |
| Block space per 10 minutes (32 MB or more 10) | 10 | 4 MB limit, 40 MB per 10 minutes |
| Features (3 checks) | 6.7 | 2 of 3 passed |
| Payments safe to accept within seconds | ✗ | One-minute blocks; Bells Core (Bitcoin Core-derived) honours opt-in BIP125 replace-by-fee by default (full-RBF off), so zero-confirmation payments are not network-protected. |
| Pruned nodes: a full node can validate and drop old history | ✓ | Bellscoin v3 keeps Bitcoin Core's -prune. |
| Light clients verify payments from headers or proofs, without a trusted server | ✓ | Bitcoin Core-based node serves BIP37 merkleblocks and BIP157 compact block filters. |
| 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% | ✓ | 44.6% |
| Largest three under 75% | ✗ | 82.2% |
| More than one maintained client | ✗ | 1 |
| Node software is open source | ✓ | Bells Core (MIT) is maintained in the BellsChain GitHub organisation by community developers associated with the revival (e.g. Nintondo wallet/explorer builders); the project describes itself as having no formal team, and no controlling company or foundation was identified. |
| Real on-chain use: 1,000+ transactions a day | ✗ | about 113 a day |
| No 51% attack or deep reorganisation in five years | ✓ | |
| Programmability (tokens, contracts, 5 checks) | 4.4 | 4 of 9 points source |
| Token issuance through a metaprotocol | 1 | Ordinals inscriptions / BEL-20: read by indexers, not validated by the chain's nodes |
| Smart contracts: scripting for spending conditions | 1 | Bitcoin/Dogecoin-codebase Script with spending conditions only. |
| Multisig and time locks | ✓ | 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). |
| An exchange built into the protocol | ✗ | No exchange in the protocol. |
| Cross-chain messaging the chain verifies itself | ✗ | No cross-chain feature in the protocol. |
| Non-fungible tokens | ✗ | No NFT type in the protocol; Ordinals-style inscriptions are read by indexers only. |
| Decentralisation | 10 | section average, 6 of 8 measured |
| Censorship resistant (Source) | 10 | No authority can halt the chain or freeze funds: No protocol key can freeze or claw back coins or halt the chain. source |
| No central team (Source) | 10 | No central team: Bells Core (MIT) is maintained in the BellsChain GitHub organisation by community developers associated with the revival (e.g. Nintondo wallet/explorer builders); the project describes itself as having no formal team, and no controlling company or foundation was identified. 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. Current chain was re-mined from the original 2013 'Nintondo' genesis starting 2023-12-06 (block 1 at 21:19 UTC); first 100 blocks paid 2 BELLS, then random 'lucky' rewards for open miners. The 88-BELLS genesis output is negligible and no allocation, instamine or sale is documented; block 1,000 took ~12 h and block 10,000 ~7 days, consistent with open mining. 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 the whole subsidy (now a flat 2 BELLS per block after height 518,400) to the miner; no developer or treasury output in consensus code. source |
| Supply & Demand | 7.2 | group average |
| Supply & Demand (Source) | 4.9 | average of 6 measures |
| Exchanges (10 or more: 10) | 3 | 3 exchanges |
| Daily volume ($10K 0, $1B or more 10) | 1.6 | $61,113 traded in 24 hours; #1794 by volume on the exchanges the site reads (scored on the median day of the last 30, $64,439) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 9 | 3.3% of its market cap a day, median of the last 30 days |
| Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10) | 5.4 | $502 within 2% of the price on 2 exchanges, 0.04% of its market cap, median of the last 2 days |
| Market cap ($1M 0, $10B or more 10) | 0.2 | $1.2M, 0.2 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) | 9.4 | no fixed maximum; 61.5 million in circulation |
| Record | 4.2 | group average |
| Record (origin, claims, halts) | 9 | 2 positive, 1 negative source |
| Positive record | ||
| No claims by its founders that contradict its own design | ✓ | |
| No halt, freeze or reversal in five years | ✓ | |
| Negative record | ||
| Launched as a joke, its founders saying it has no purpose | ✗ | Created by Billy Markus in November 2013 as a tribute to Animal Crossing's 'bells' currency; the project's own site (bellscoin.com) calls it 'the ancient meme coin born in 2013' and says Dogecoin was forked from it. |
| Age (years since genesis) (Source) | 2 | 2 full years since 2023-12-15, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, improvements, unfixed issues) | 1.5 | 1 positive, 1 negative source |
| Positive | ||
| Steady work, 2.5 of 6 | ✓ | 26 commits in 5 of the last 12 months (github.com/BellsChain/bellscoin); BellsChain/bellscoin: Bells Core v3.1.1-rc2 (October 2026) and v3.1.0-rc1 (November 2025) are the only mainnet releases in the last 24 months, both release candidates; v3.0.0-rc2 was September 2024. |
| Negative | ||
| Unfixed vulnerability, disclosed 2026-05-05, −1 | ✗ | CVE-2024-52911: a crafted invalid block can make script-check threads read freed precomputed transaction data and crash the node; still in Bellscoin v3.0.0-rc2. |
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.
61,482,591 BELLS are in circulation, against no fixed cap — issuance has no defined end.
| 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 |
Current chain was re-mined from the original 2013 'Nintondo' genesis starting 2023-12-06 (block 1 at 21:19 UTC); first 100 blocks paid 2 BELLS, then random 'lucky' rewards for open miners. The 88-BELLS genesis output is negligible and no allocation, instamine or sale is documented; block 1,000 took ~12 h and block 10,000 ~7 days, consistent with open mining.
Community revival of Billy Markus's 2013 Animal Crossing-themed coin; no fundraising found.
No sale, ICO or investor round documented.
GetBlockSubsidy pays the whole subsidy (now a flat 2 BELLS per block after height 518,400) to the miner; no developer or treasury output in consensus code.
The 2013 chain's later blocks were not carried over: the explorer shows block 1 dated 2023-12-06, so the revived chain is effectively a December 2023 launch on the 2013 genesis. Merged mining (AuxPoW) began at height 144,000 (August 2024), followed by 1,000 low-reward (2 BELLS) blocks. No crawler publishes a node count.
Sources: github.com · raw.githubusercontent.com · raw.githubusercontent.com · bells.quark.blue · bellscoin.com. Researched 2026-10-26, medium confidence.
No source we can reach publishes a hashrate for Bellscoin.
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.
Bellscoin is #233 among cryptocurrencies and #1862 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 1629 places between Bellscoin'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).