PLNcoin (PLNC)

PLNcoin ranks #385 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #5415: 5030 of the 5414 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#385
Rank counting claims#5415
Price$0.000983
Circulating supply0 PLNC
Maximum supply38,540,000 PLNC
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. Fewer than six of PLNcoin'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)7group 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 million9.8fixed maximum supply of 38.5 million: supply scale 9.6, 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 $9.8e-12
Portability: fees of a cent or less and capacity for real demand✗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✓PLNcoin's Bitcoin-derived node (plncoin/PLNcoin_Core) 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)✗PLNcoin v0.14.2.1 (Sep 2017, Litecoin 0.14 base): 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)6.8average of 4 parts source
Fees ($0.001 or less 10, $1 or more 0)–not yet measured
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)6.4a block every 1 minute
Block space per 10 minutes (32 MB or more 10)104 MB limit, 40 MB per 10 minutes
Features (3 checks)6.72 of 3 passed
Payments safe to accept within seconds✗One-minute blocks on a Bitcoin Core 0.14 base with opt-in replace-by-fee; no protected zero-confirmation mechanism.
Pruned nodes: a full node can validate and drop old history✓PLNcoin v0.14.2.1 (Sep 2017, Litecoin 0.14 base): -prune keeps the UTXO set and recent blocks.
Light clients verify payments from headers or proofs, without a trusted server✓PLNcoin v0.14.2.1 (Sep 2017, Litecoin 0.14 base) 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✗0
Node software is open source✓The only client (MIT) is in the plncoin GitHub organisation run by the PLNcoin project.
Real on-chain use: 1,000+ transactions a day–
No 51% attack or deep reorganisation in five years✓
Programmability (tokens, contracts, 5 checks)1.41 of 7 points, 2 not yet researched source
Token issuance0No token issuance on the chain itself
Smart contracts: scripting for spending conditions1PLNcoin runs Bitcoin-style Script limited to spending conditions (signatures, hash locks, multisig); no contract VM or token introspection.
Multisig and time locks–OP_CHECKMULTISIG is present and CLTV is set for BIP65Height 920,000 (marked 'set in the future' in the source), but plncoin.org and its explorer are down and the coin is listed inactive, so whether the chain reached that height could not be checked.
Atomic swaps with other chains–Not established: OP_CHECKMULTISIG is present and CLTV is set for BIP65Height 920,000 (marked 'set in the future' in the source), but plncoin.org and its explorer are down and the coin is listed inactive, so whether the chain reached that height could not be checked.
An exchange built into the protocol✗No exchange or order book in the PLNcoin consensus rules.
Cross-chain messaging the chain verifies itself✗PLNcoin nodes verify no other chain; no protocol-level cross-chain messaging.
Non-fungible tokens✗No token or NFT type in the PLNcoin consensus rules.
Decentralisation8.2section average, 6 of 8 measured
Censorship resistant (Source)10No authority can halt the chain or freeze funds: No protocol key can freeze coins or halt the chain. source
No central team (Source)0A central team directs it: The only client (MIT) is in the plncoin GitHub organisation run by the PLNcoin project. 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)910.5% of today's supply allocated at launch to founders, a company, a foundation or investors. GetBlockSubsidy pays 2,000,000 PLNC at block 1 ('2mln premining'), then 44 per one-minute block halving every 438,000. 2M against the last reported total supply of 19.09M (listing sites) = 10.5%; against the full 40.54M schedule it would be 4.9%. 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. Apart from the block-1 pre-mine, the whole subsidy goes to the miner; no developer or treasury output. source
Supply & Demand4.8group 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)9.6fixed maximum supply of 38.5 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 2014-04-15, 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, 8 negative source
Negative
Steady work, 0 of 6✗0 commits in 0 of the last 12 months (github.com/plncoin/PLNcoin_Core); Last release v0.14.2.1 on 2017-09-17; occasional commits to the plnc branch until 2023-12-14; plncoin.org and its explorer return Cloudflare error 520.
Unfixed vulnerability, disclosed 2018-09-20, −1✗CVE-2018-17144: a block that spends one input twice can crash the node (and inflate supply on 0.15+ code) because CheckBlock skips the duplicate-input check; still in PLNcoin v0.14.2.1.
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 PLNcoin v0.14.2.1.
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 PLNcoin v0.14.2.1.
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 PLNcoin v0.14.2.1.
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 PLNcoin v0.14.2.1.
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 PLNcoin v0.14.2.1.
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 PLNcoin v0.14.2.1.

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 38,540,000 PLNC are in circulation — 0.0% of the total that will ever exist.

Launch and allocation

Premine (allocated at launch)10.5% 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 pays 2,000,000 PLNC at block 1 ('2mln premining'), then 44 per one-minute block halving every 438,000. 2M against the last reported total supply of 19.09M (listing sites) = 10.5%; against the full 40.54M schedule it would be 4.9%.

No sale found; launched 13-17 March 2014 as a Polish national coin with a pre-mine distributed free to users.

Not established; Polish press reported the pre-mine was handed out as sign-up bonuses (100 PLNC per new user, 30 per referral), not sold.

Apart from the block-1 pre-mine, the whole subsidy goes to the miner; no developer or treasury output.

The pre-mine is in the code, but its share depends on a supply figure from a listing site that may be stale. clients is 0 because there has been no release since 2017.

Sources: github.com · raw.githubusercontent.com · raw.githubusercontent.com · benchmark.pl · blockspot.io. Researched 2026-10-26, low confidence.

The work behind it

No source we can reach publishes a hashrate for PLNcoin.

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 PLNcoin

PLNcoin is #385 among cryptocurrencies and #5415 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 PLNcoin'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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