ReddCoin ranks #351 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #4682: 4331 of the 4681 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 · 71/100 · provisional |
|---|---|
| Rank among cryptocurrencies | #351 |
| Rank counting claims | #4682 |
| Price | $0.000484 |
| Circulating supply | 0 RDD |
| Maximum supply | no fixed cap |
| Consensus family | Proof of Stake |
| Consensus mechanism | PoSV (Proof of Stake Velocity) |
| Network purpose | Payments |
| Ledger type | Single-asset ledger |
| Launch distribution | Presale |
Market figures from the 28 October 2026 build. Open the live view for every exchange's price, and charts.
B — 71 out of 100, provisional (from 17 of 20 criteria, 28 October 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 59 to 78 (C to A).
| Criterion | Score | Basis |
|---|---|---|
| Leading Consensus Mechanisms (Source) | 9.1 | group average |
| Consensus: leader ladder | 9.1 | Proof of stake: 9.1 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| Consensus: family ladder | 9.1 | Proof of stake: 9.1 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Cryptocurrency Standards (Source) | 7.1 | group average, 11 of 13 measured |
| Sound Money Qualities (6 checks) | 8 | 4 of 5 points, 1 not yet measured source |
| Scarcity: a fixed cap that holds, and a supply near 21 million | – | |
| 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 $4.8e-12 |
| Portability: fees of a cent or less and capacity for real demand | ✗ | typical fee $5e-7; 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; pruned nodes validate everything |
| Privacy (5 checks) | 4 | 2 of 5 passed source |
| Whitepaper privacy: keys are not tied to an identity | ✓ | ReddCoin's Bitcoin-derived node (reddcoin-project/reddcoin) 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) | ✗ | Reddcoin Core v4.22.9.5 (Sep 2026, Bitcoin Core 22 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) | 6.4 | 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) | 4.2 | about 74 simple transactions a second |
| Block time (10 minutes 10, less either side) | 6.4 | a block every 1 minutes |
| Block space per 10 minutes (32 MB or more 10) | 8 | 1 MB limit, 9.87 MB per 10 minutes |
| Features (3 checks) | 3.3 | 1 of 3 passed |
| Payments safe to accept within seconds | ✗ | One-minute PoSV blocks with probabilistic confirmation, and the Bitcoin Core 22-based node accepts BIP125 opt-in replace-by-fee (m_allow_bip125_replacement true), so zero-confirmation is not network-protected. |
| Pruned nodes: a full node can validate and drop old history | ✓ | Reddcoin Core v4.22.9.5 (Sep 2026, Bitcoin Core 22 base): -prune keeps the UTXO set and recent blocks. |
| Light clients verify payments from headers or proofs, without a trusted server | ✗ | Proof-of-stake headers cannot be checked without the chain state, and Reddcoin Core (PoSV) has no light-client protocol; light wallets trust servers. |
| Security (miner pay and 7 checks) | 3 | 2 of 6 points, 3 not yet measured source |
| Miners paid a day ($1,000 0, $10 million or more 10), 2 points | 0 | not mined |
| Its own hashrate: at least half its algorithm's largest, not merge-mined | ✗ | not mined |
| Largest pool or validator under 50% | – | |
| Largest three under 75% | – | |
| More than one maintained client | ✗ | 1 |
| Node software is open source | ✓ | Reddcoin Core (MIT) is maintained in the reddcoin-project GitHub organisation by a small group of volunteer developers; no company controls it. |
| Real on-chain use: 1,000+ transactions a day | – | |
| No 51% attack or deep reorganisation in five years | ✓ | |
| Programmability (tokens, contracts, 5 checks) | 1.4 | 1 of 7 points, 2 not yet researched source |
| Token issuance | 0 | No token issuance on the chain itself |
| Smart contracts: scripting for spending conditions | 1 | ReddCoin runs Bitcoin-style Script limited to spending conditions (signatures, hash locks, multisig); no contract VM or token introspection. |
| Multisig and time locks | – | CHECKMULTISIG is present, but CLTV is a BIP9 deployment (window November 2022 to November 2024) whose activation on mainnet could not be confirmed, and CSV is NEVER_ACTIVE on mainnet. |
| Atomic swaps with other chains | – | Not established: CHECKMULTISIG is present, but CLTV is a BIP9 deployment (window November 2022 to November 2024) whose activation on mainnet could not be confirmed, and CSV is NEVER_ACTIVE on mainnet. |
| An exchange built into the protocol | ✗ | No exchange or order book in the ReddCoin consensus rules. |
| Cross-chain messaging the chain verifies itself | ✗ | ReddCoin nodes verify no other chain; no protocol-level cross-chain messaging. |
| Non-fungible tokens | ✗ | No token or NFT type in the ReddCoin consensus rules. |
| Decentralisation | 9.2 | section average, 6 of 8 measured |
| Censorship resistant (Source) | 10 | No authority can halt the chain or freeze funds: No protocol-level freeze, blacklist or halt key; a dev-fund output is enforced in coinstakes but carries no control over user coins. source |
| No central team (Source) | 10 | No central team: Reddcoin Core (MIT) is maintained in the reddcoin-project GitHub organisation by a small group of volunteer developers; no company controls it. source |
| Who can mint (Source) | 8.6 | Proof of stake: 8.6 of 10 on the ladder of who produces blocks |
| Nodes (Source) | — | Not yet counted |
| Holder concentration (Source) | — | Not yet measured |
| Premine (allocated at launch) | 8.4 | 15.8% of today's supply allocated at launch to founders, a company, a foundation or investors. Blocks 1–10 each paid 545,000,000 RDD, a 5.45B premine described in the source code as 5% of planned supply. That is 15.75% of the 34,593,871,030 RDD current supply (CoinPaprika, 2026-10-23). Since PoSV v2 (block 3,382,229, 2020), consensus also sends 8% of every stake reward to a hard-coded developer address. That amount was not measured, so this figure is a floor. source |
| Fundraising | 8.4 | Sold by its issuer or insiders: 15.8% of supply was theirs to sell, 15.8% sold so far. Early-2014 sale of the 5.45B premine to 386 buyers for about $100,000 (Coin Bureau). source |
| Developer share (after launch) | 9.9 | Developer share: about 1.2% of today's supply received so far; 8% of each new block reward goes to them today. Since PoSV v2 (DonationHeight 3,382,229, mid-2020), consensus requires 8% of every stake reward to go to a hard-coded developer address. The 92/8 split is enforced in validation.cpp, and the inflation target is 5% a year. Supply was ~29.5B at activation (31.1B in Aug 2022) and is 34.59B now, so ~5.1B has been minted, and 8% of that is ~0.41B RDD, about 1.2% of supply. source |
| Supply & Demand | 0 | group average, 1 of 2 measured |
| Supply & Demand (Source) | 0 | average of 1 measure |
| Exchanges (10 or more: 10) | – | exchanges not yet counted |
| Daily volume ($10K 0, $1B or more 10) | 0 | $6,520 traded in 24 hours; #2681 by volume |
| 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) | — | Supply not reported |
| Record | 8.3 | 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) | 10 | 12 full years since 2014-02-10, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, improvements, unfixed issues) | 5 | 2 positive, 2 negative source |
| Positive | ||
| Steady work, 6 of 6 | ✓ | 675 commits in 8 of the last 12 months (github.com/reddcoin-project/reddcoin); reddcoin-project/reddcoin v4.22.9.5 released 2026-09-16 (restores a missing PoW header check and fixes staking defects); v4.22.9.4 (2026-08-22) and v4.22.9 (2025-04-09) also in the last 24 months, plus a v4.22.9.3 compatibility test build. |
| Shipped a security fix in two years, +1 | ✓ | Reddcoin Core v4.22.9.5, 16 Sep 2026: restored a missing proof-of-work header validation check and fixed a staking-wallet use-after-free. |
| Negative | ||
| 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 ReddCoin v4.22.9.5. |
| 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 ReddCoin v4.22.9.5. |
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.
0 RDD are in circulation, against no fixed cap — issuance has no defined end.
| Premine (allocated at launch) | 15.8% of today's supply |
|---|---|
| Sold by the issuer or insiders | 15.8% of today's supply |
| Developer share received since launch | 1.2% of today's supply |
| Developer share of new coins today | 8% |
| Fundraising | Public sale |
Blocks 1–10 each paid 545,000,000 RDD, a 5.45B premine described in the source code as 5% of planned supply. That is 15.75% of the 34,593,871,030 RDD current supply (CoinPaprika, 2026-10-23). Since PoSV v2 (block 3,382,229, 2020), consensus also sends 8% of every stake reward to a hard-coded developer address. That amount was not measured, so this figure is a floor.
Early-2014 sale of the 5.45B premine to 386 buyers for about $100,000 (Coin Bureau).
Since PoSV v2 (DonationHeight 3,382,229, mid-2020), consensus requires 8% of every stake reward to go to a hard-coded developer address. The 92/8 split is enforced in validation.cpp, and the inflation target is 5% a year. Supply was ~29.5B at activation (31.1B in Aug 2022) and is 34.59B now, so ~5.1B has been minted, and 8% of that is ~0.41B RDD, about 1.2% of supply.
The site has no label yet. The premine is in the code (GetBlockValue). The 8% dev cut is enforced in ConnectBlock: 'nCalculatedStakeReward * 0.92' goes to the staker and the rest to devScript. The dev fund's cumulative total since 2020 could not be read from an explorer and is left out. It would add a few tenths of a point to about one point.
Sources: github.com · github.com · news.bitcoin.com · coinbureau.com · coinpaprika.com. Researched 2026-10-24, medium confidence.
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.
ReddCoin is #351 among cryptocurrencies and #4682 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 4331 places between ReddCoin'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).