Goldcoin (GLC)

Goldcoin ranks #315 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #3748: 3433 of the 3747 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 4017 non-native assets CoinSpectrum lists above it by market cap, about 84% are tokens, 14% are claims on other assets and 2% are memecoins.

CoinSpectrum Gradepending — launch under review
Rank among cryptocurrencies#315
Rank counting claims#3748
Market capitalisation$12,340
Price$0.000283
Circulating supply43,681,422 GLC
Maximum supply72,245,700 GLC
Consensus familyProof of Work
Consensus mechanismScrypt
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. Goldcoin's launch — how much went to insiders, whether it was sold to investors — is still being researched. 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)5.7group average, 10 of 13 measured
Sound Money Qualities (6 checks)7.54.5 of 6 points source
Scarcity: a fixed cap that holds, and a supply near 21 million4.7fixed maximum supply of 72.2 million, but an issuer or vote can mint outside the schedule: supply scale 9.3, cap 0
Durability: five years or more with no halt, freeze or reversal✗0 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 $2.8e-12
Portability: fees of a cent or less and capacity for real demand✓typical fee $1e-7; about 1,180 transactions a second (8.8 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✓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)✗No Dandelion relay; Tor/onion is an optional -onion/-proxy setting in the Bitcoin-derived node, not on by default.
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)8.6average of 5 parts source
Fees ($0.001 or less 10, $1 or more 0)10typical fee $1e-7
Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5)8.8about 1,180 simple transactions a second
Block time (10 minutes 10, less either side)7.6a block every 2.2 minutes
Block space per 10 minutes (32 MB or more 10)1032 MB limit, 144 MB per 10 minutes
Features (3 checks)6.72 of 3 passed
Payments safe to accept within seconds✗Two-minute proof-of-work blocks on a Litecoin/Bitcoin Core 0.14-era base; no instant locks or double-spend proofs.
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✓Scrypt PoW header chain (Litecoin-derived) with BIP37 merkleblock Merkle proofs (SPV).
Security (miner pay and 7 checks)32 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%✗88.8%
Largest three under 75%✗100%
More than one maintained client✗1
Node software is open source✓The goldcoin/goldcoin repository is run by the Goldcoin Project team (lead developer MicroGuy), which also created the 1.1B treasury governed by its board of directors; MIT licence.
Real on-chain use: 1,000+ transactions a day✗about 6 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 conditions1Litecoin-derived Script limited to spending conditions.
Multisig and time locks✓CHECKMULTISIG plus CLTV (BIP65 height 815,135, passed) and a BIP9 CSV deployment in Goldcoin 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.
Decentralisation6.1section average, 5 of 8 measured
Censorship resistant (Source)10No authority can halt the chain or freeze funds: No key can freeze or claw back user coins, but the node enforces Advanced Checkpointing signed by a team-held checkpoint public key, which lets the team pin the chain it accepts. source
No central team (Source)0A central team directs it: The goldcoin/goldcoin repository is run by the Goldcoin Project team (lead developer MicroGuy), which also created the 1.1B treasury governed by its board of directors; MIT licence. 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)0.495.9% of today's supply allocated at launch to founders, a company, a foundation or investors. Counted as a later discretionary mint: the v0.15.0 'Treasury' hard fork (August 2023) created a superblock of 1,100,000,000 GLC at height 1,905,100 paid to a team-designated address; 1.1B / 1,147.03M current supply = 95.9%. The 2M GLC from the first 200 blocks of the 2013 launch (10,000 each, 'most of which were given away as bounties' per the code comment) would add about 0.2% but are not counted here. source
Fundraising—Launch not yet researched
Developer share (after launch)10No developer share: every new coin goes to the miners or validators who produce blocks. Ordinary blocks pay the whole 3 GLC subsidy to the miner; the treasury came from a one-time superblock, counted under premine as a discretionary mint rather than as a block-reward cut. source
Supply & Demand6.1group average
Supply & Demand (Source)2.8average of 5 measures
Exchanges (10 or more: 10)11 exchange
Daily volume ($10K 0, $1B or more 10)0$23 traded in 24 hours; #3951 by volume on the exchanges the site reads (scored on the median day of the last 2, $56)
Turnover (volume ÷ market cap, 5% a day: 10)3.20.25% 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$12K, 0 on a scale of 2.5 points per tenfold
Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0)10no futures, options or margin on the exchanges read
Supply (smaller is better)9.3fixed maximum supply of 72.2 million
Record3.3group 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)00 full years since 2026-08-18, the first day with a recorded price (genesis not yet researched, so the age can only be understated).
Development (work, improvements, unfixed issues)01 positive, 5 negative source
Positive
Steady work, 2 of 6✓22 commits in 3 of the last 12 months (github.com/goldcoin/goldcoin); The only release in the last 24 months is Goldcoin Core v0.17.0-beta1, a public beta (2026-07/08); the last full release was v0.15.0 'Treasury Release' (2023-08-29).
Negative
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 Goldcoin v0.15.0.
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 Goldcoin v0.15.0.
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 Goldcoin v0.15.0.
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 Goldcoin v0.15.0.
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 Goldcoin v0.15.0.

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

43,681,422 of a maximum 72,245,700 GLC are in circulation — 60.5% of the total that will ever exist.

Launch and allocation

Premine (allocated at launch)95.9% of today's supply
Developer share received since launch0% of today's supply
Developer share of new coins today0%

Counted as a later discretionary mint: the v0.15.0 'Treasury' hard fork (August 2023) created a superblock of 1,100,000,000 GLC at height 1,905,100 paid to a team-designated address; 1.1B / 1,147.03M current supply = 95.9%. The 2M GLC from the first 200 blocks of the 2013 launch (10,000 each, 'most of which were given away as bounties' per the code comment) would add about 0.2% but are not counted here.

No ICO at the 2013 launch. The 2023 treasury was announced as locked in a multisig wallet whose spending (including RSUs for contributors and possible buybacks) a board of directors decides; no sale is documented, but the coins have since left the treasury address.

The treasury address (E8r2RkGvE2kfSMnGHEVBpH3Zhp7Doy38MW) has sent out all 1.1B GLC in 48 transactions, the last in September 2026, but where the coins went and whether any were sold is not documented.

Ordinary blocks pay the whole 3 GLC subsidy to the miner; the treasury came from a one-time superblock, counted under premine as a discretionary mint rather than as a block-reward cut.

Major finding: the input supply (43.7M circ, 72.2M max) predates the 2023 treasury superblock; the chain's actual supply is ~1,147.0M, of which 1.1B came from that one mint. issuerMint is true because the team minted 1.1B outside the emission schedule by a consensus change and its board controls the proceeds. The v0.17.0 beta release notes say an earlier v0.17 build split the network from v0.15 nodes; that was a beta, not a halt.

Sources: github.com · github.com · github.com · chainz.cryptoid.info · bitcointalk.org. Researched 2026-10-26, medium confidence.

The work behind it

No source we can reach publishes a hashrate for Goldcoin.

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 Goldcoin

Goldcoin is #315 among cryptocurrencies and #3748 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 3433 places between Goldcoin'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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