Universal Currency (UNIT)

Universal Currency ranks #408 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #5443: 5035 of the 5442 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#408
Rank counting claims#5443
Price$0.00631
Circulating supply0 UNIT
Maximum supply210,000,000 UNIT
Consensus familyHybrid
Consensus mechanismSHA-256 PoW + PoS
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 Universal Currency'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)4.5group average
Consensus: leader ladder4.5Hybrid: 4.5 of 10 on the ladder of consensus families ranked by their largest chain's market cap
Consensus: family ladder4.5Hybrid: 4.5 of 10 on the ladder of families ranked by the combined market cap of their chains
Cryptocurrency Standards (Source)7.7group average, 10 of 13 measured
Sound Money Qualities (6 checks)7.83.9 of 5 points, 1 not yet measured source
Scarcity: a fixed cap that holds, and a supply near 21 million9.4fixed maximum supply of 210 million: supply scale 8.7, cap 10
Durability: five years or more with no halt, freeze or reversal✓11 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 $6.3e-11
Portability: fees of a cent or less and capacity for real demand–about 1,475 transactions a second (9.1 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; no light clients or pruned nodes
Privacy (5 checks)42 of 5 passed source
Whitepaper privacy: keys are not tied to an identity✓Universal Currency's Bitcoin-derived node (unitcurrency/unitcurrency) 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)✗UnitCoin 1.0.2.1 (Nov 2017, PPCoin-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)7.2average 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)9.1about 1,475 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)1020 MB limit, 200 MB per 10 minutes
Features (3 checks)3.31 of 3 passed
Payments safe to accept within seconds✓The PPCoin-style node has transaction replacement disabled and relays the first-seen spend; one-minute blocks alone would not qualify.
Pruned nodes: a full node can validate and drop old history✗UnitCoin 1.0.2.1 (Nov 2017, PPCoin-era code) has no pruning mode; nodes keep every block.
Light clients verify payments from headers or proofs, without a trusted server✗UnitCoin (PoW/PoS) (pre-BIP37 code) serves no Merkle proofs or block filters, so light wallets trust servers.
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✓Small anonymous developer team in the unitcurrency GitHub organisation; inactive since 2017.
Real on-chain use: 1,000+ transactions a day–
No 51% attack or deep reorganisation in five years✓
Programmability (tokens, contracts, 5 checks)1.11 of 9 points source
Token issuance0No token issuance on the chain itself
Smart contracts: scripting for spending conditions1Universal Currency 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, but the PPCoin-era src/script.h has no OP_CHECKLOCKTIMEVERIFY or OP_CHECKSEQUENCEVERIFY (0xb1 is still OP_NOP2), so Script cannot enforce a time lock.
Atomic swaps with other chains✗Without a consensus-enforced CLTV or CSV, Universal Currency Script cannot express the time-locked refund of an HTLC; only pre-signed nLockTime refunds, which pre-SegWit malleability makes unsafe.
An exchange built into the protocol✗No exchange or order book in the Universal Currency consensus rules.
Cross-chain messaging the chain verifies itself✗Universal Currency nodes verify no other chain; no protocol-level cross-chain messaging.
Non-fungible tokens✗No token or NFT type in the Universal Currency consensus rules.
Decentralisation9.5section average, 6 of 8 measured
Censorship resistant (Source)10No authority can halt the chain or freeze funds: No protocol-level party can freeze, blacklist or claw back coins. source
No central team (Source)10No central team: Small anonymous developer team in the unitcurrency GitHub organisation; inactive since 2017. source
Who can mint (Source)7.1Hybrid: 7.1 of 10 on the ladder of who produces blocks
Nodes (Source)—Not yet counted
Holder concentration (Source)—Not yet measured
Premine (allocated at launch)100% of today's supply allocated at launch to founders, a company, a foundation or investors. Blocks 0-100 paid 0 UNIT and blocks 101-210,000 paid 100 UNIT to miners (GetProofOfWorkReward); no genesis allocation. Launched 1 May 2015 with 'NO PREMINE' in the ANN thread. 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. PoW and PoS rewards go entirely to block producers; no developer share in the code. source
Supply & Demand4.4group 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)8.7fixed maximum supply of 210 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)1011 full years since 2015-05-07, 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, 5 negative source
Negative
Steady work, 0 of 6✗0 commits in 0 of the last 12 months (github.com/unitcurrency/unitcurrency); Last release 1.0.2.1, 2017-11-19; last commit 2017-11-27.
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 Universal Currency 1.0.2.1.
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 Universal Currency 1.0.2.1.
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 Universal Currency 1.0.2.1.
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 Universal Currency 1.0.2.1.

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 210,000,000 UNIT are in circulation — 0.0% of the total that will ever exist.

Launch and allocation

Premine (allocated at launch)0% of today's supply
Sold by the issuer or insiders0% 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

Blocks 0-100 paid 0 UNIT and blocks 101-210,000 paid 100 UNIT to miners (GetProofOfWorkReward); no genesis allocation. Launched 1 May 2015 with 'NO PREMINE' in the ANN thread.

No ICO ('NO ICO' in ANN subject lines).

No sale documented.

PoW and PoS rewards go entirely to block producers; no developer share in the code.

clients is 0 because the only client's last release (2017) is older than 24 months. Every Universal Currency web property is offline and CMC shows 0 circulating, so the chain may be dead.

Sources: github.com · github.com · bitcointalk.org. Researched 2026-10-26, low confidence.

The work behind it

No source we can reach publishes a hashrate for Universal Currency.

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 Universal Currency

Universal Currency is #408 among cryptocurrencies and #5443 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 5035 places between Universal Currency'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).

See the 1 wrapped and staked claim on Universal Currency →

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