e-Gulden (EFL)

e-Gulden ranks #383 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #5413: 5030 of the 5412 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#383
Rank counting claims#5413
Price$0.0796
Circulating supply0 EFL
Maximum supply21,000,000 EFL
Consensus familyProof of Work
Consensus mechanismScrypt
Own hashrate—
Network purposePayments
Ledger typeSingle-asset ledger
Launch distributionPremine

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 e-Gulden'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)6.9group average, 10 of 13 measured
Sound Money Qualities (6 checks)8.35 of 6 points source
Scarcity: a fixed cap that holds, and a supply near 21 million10fixed maximum supply of 21 million: supply scale 10, cap 10
Durability: five years or more with no halt, freeze or reversal✓12 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 $8.0e-10
Portability: fees of a cent or less and capacity for real demand✗typical fee $0.000036; about 74 transactions a second (4.2 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)42 of 5 passed source
Whitepaper privacy: keys are not tied to an identity✓e-Gulden's Bitcoin-derived node (Electronic-Gulden-Foundation/egulden) has no identity rule: anyone generates keys and receives and sends the coin.
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)✗e-Gulden v1.5.0.0 (Feb 2022, Litecoin 0.13-era code): 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)8.2average of 5 parts source
Fees ($0.001 or less 10, $1 or more 0)10typical fee $0.000036
Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5)4.2about 74 simple transactions a second
Block time (10 minutes 10, less either side)7.5a block every 2 minutes
Block space per 10 minutes (32 MB or more 10)9.24 MB limit, 20.4 MB per 10 minutes
Features (3 checks)103 of 3 passed
Payments safe to accept within seconds✓Litecoin-derived node with DEFAULT_ENABLE_REPLACEMENT = false, so it relays first-seen with no replace-by-fee by default.
Pruned nodes: a full node can validate and drop old history✓e-Gulden v1.5.0.0 (Feb 2022, Litecoin 0.13-era code): -prune keeps the UTXO set and recent blocks.
Light clients verify payments from headers or proofs, without a trusted server✓e-Gulden v1.5.0.0 (Feb 2022, Litecoin 0.13-era code) serves BIP37 Merkle proofs to SPV clients, which check the Scrypt proof of work in headers.
Security (miner pay and 7 checks)—2 of 3 points, 6 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%–
Largest three under 75%–
More than one maintained client✗1
Node software is open source✓The Electronic Gulden Foundation maintains the only client, github.com/Electronic-Gulden-Foundation/egulden (MIT).
Real on-chain use: 1,000+ transactions a day–
No 51% attack or deep reorganisation in five years✓
Programmability (tokens, contracts, 5 checks)3.33 of 9 points source
Token issuance0No token issuance on the chain itself
Smart contracts: scripting for spending conditions1e-Gulden runs Bitcoin-style Script limited to spending conditions (signatures, hash locks, multisig); no contract VM or token introspection.
Multisig and time locks✓OP_CHECKMULTISIG plus CLTV, enforced once version-4 blocks are a supermajority (current blocks are version 0x20000000, block 3,336,000), and a 2017 BIP9 CSV deployment.
Atomic swaps with other chains✓HTLCs built from Script hash locks (OP_SHA256/OP_HASH160) with a CLTV refund branch are standard Script, so cross-chain hash-locked swaps work on e-Gulden.
An exchange built into the protocol✗No exchange or order book in the e-Gulden consensus rules.
Cross-chain messaging the chain verifies itself✗e-Gulden nodes verify no other chain; no protocol-level cross-chain messaging.
Non-fungible tokens✗No token or NFT type in the e-Gulden consensus rules.
Decentralisation7.5section average, 6 of 8 measured
Censorship resistant (Source)10No authority can halt the chain or freeze funds: No protocol-level freeze or blacklist. source
No central team (Source)0A central team directs it: The Electronic Gulden Foundation maintains the only client, github.com/Electronic-Gulden-Foundation/egulden (MIT). 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)550% of today's supply allocated at launch to founders, a company, a foundation or investors. GetBlockSubsidy in Electronic-Gulden-Foundation/egulden pays 25 x 420,000 = 10,500,000 EFL at block 1; 10.5M / 20,999,770 current supply = 50.0%. The premine was announced for free distribution to Dutch households verified by proof of address. 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. Litecoin-style subsidy (25 EFL halving every 210,000 blocks) paid wholly to miners; issuance has effectively ended (~0.5 EFL/day). source
Supply & Demand5group average
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)10fixed maximum supply of 21 million
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 2014-03-27, 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, 7 negative source
Negative
Steady work, 0 of 6✗0 commits in 0 of the last 12 months (github.com/Electronic-Gulden-Foundation/egulden); Last release v1.5.0.0 on 2022-02-22, more than 24 months ago; the chain still produces blocks (height 3,334,818 on 2026-10-26).
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 e-Gulden v1.5.0.0.
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 e-Gulden v1.5.0.0.
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 e-Gulden v1.5.0.0.
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 e-Gulden v1.5.0.0.
Unfixed vulnerability, disclosed 2024-10-08, −1✗CVE-2024-35202: a crafted blocktxn message trips the assert in compact-block reconstruction and crashes the node; still in e-Gulden v1.5.0.0.
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 e-Gulden v1.5.0.0.

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.

Supply

0 of a maximum 21,000,000 EFL are in circulation — 0.0% of the total that will ever exist.

Launch and allocation

Premine (allocated at launch)50% 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

GetBlockSubsidy in Electronic-Gulden-Foundation/egulden pays 25 x 420,000 = 10,500,000 EFL at block 1; 10.5M / 20,999,770 current supply = 50.0%. The premine was announced for free distribution to Dutch households verified by proof of address.

No ICO; 50% premine held by the volunteer Electronic Gulden Foundation (set up July 2014) for an airdrop to Dutch households.

How much of the household-distribution premine was actually distributed, kept or sold is not documented.

Litecoin-style subsidy (25 EFL halving every 210,000 blocks) paid wholly to miners; issuance has effectively ended (~0.5 EFL/day).

Half the supply was premined in block 1 for a planned Dutch household airdrop; the outcome of that distribution was not found.

Sources: raw.githubusercontent.com · github.com · miningpoolstats.stream · chainz.cryptoid.info · coindesk.com. Researched 2026-10-26, medium confidence.

The work behind it

No source we can reach publishes a hashrate for e-Gulden.

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 e-Gulden

e-Gulden is #383 among cryptocurrencies and #5413 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 5030 places between e-Gulden'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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